Mi Chang Oil Cash Flow Conversion Efficiency
Mi Chang Oil cash flow conversion efficiency. Based on the latest financial reports, Mi Chang Oil (003650) has a cash flow conversion efficiency ratio of -0.025x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (₩-14.25 Billion ≈ $-9.66 Million USD) by net assets (₩575.75 Billion ≈ $390.18 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Mi Chang Oil (2009–2025)
Cash flow conversion efficiency of Mi Chang Oil from 2009 to 2025. This chart illustrates how Mi Chang Oil's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Mi Chang Oil stock quote for real-time trading data and today's change.
Mi Chang Oil Cash Flow Conversion Ratio Explained
Mi Chang Oil cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Mi Chang Oil Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mi Chang Oil ranked by their cash flow conversion efficiency. Also see 003650 company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Spir Group ASA
OL:SPIR
|
0.103x |
|
Madras Fertilizers Limited
NSE:MADRASFERT
|
3.531x |
|
Aqualis ASA
OL:AQUA
|
-0.048x |
|
Baby Bunting Group Ltd
AU:BBN
|
0.306x |
|
TMT Steel Public Company Limited
BK:TMT
|
0.160x |
|
MotorK Ltd
AS:MTRK
|
0.193x |
|
Sula Vineyards Limited
NSE:SULA
|
0.007x |
|
Vardhman Holdings Limited
NSE:VHL
|
0.000x |
Annual Cash Flow Conversion Efficiency for Mi Chang Oil (2009–2025)
The table below shows the annual cash flow conversion efficiency of Mi Chang Oil from 2009 to 2025. Review Mi Chang Oil (003650) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | ₩479.41 Billion ≈ $324.89 Million |
₩40.34 Billion ≈ $27.34 Million |
0.084x | +46.37% |
| 2024-12-31 | ₩412.51 Billion ≈ $279.55 Million |
₩23.71 Billion ≈ $16.07 Million |
0.057x | -61.23% |
| 2023-12-31 | ₩364.86 Billion ≈ $247.26 Million |
₩54.10 Billion ≈ $36.66 Million |
0.148x | +210.87% |
| 2022-12-31 | ₩321.14 Billion ≈ $217.64 Million |
₩15.32 Billion ≈ $10.38 Million |
0.048x | -5.47% |
| 2021-12-31 | ₩301.98 Billion ≈ $204.65 Million |
₩15.24 Billion ≈ $10.33 Million |
0.050x | -63.36% |
| 2020-12-31 | ₩277.13 Billion ≈ $187.81 Million |
₩38.16 Billion ≈ $25.86 Million |
0.138x | +448.61% |
| 2019-12-31 | ₩257.95 Billion ≈ $174.81 Million |
₩6.48 Billion ≈ $4.39 Million |
0.025x | -48.06% |
| 2018-12-31 | ₩250.06 Billion ≈ $169.46 Million |
₩12.09 Billion ≈ $8.19 Million |
0.048x | +368.68% |
| 2017-12-31 | ₩247.93 Billion ≈ $168.02 Million |
₩-4.46 Billion ≈ $-3.02 Million |
-0.018x | -115.34% |
| 2016-12-31 | ₩243.84 Billion ≈ $165.25 Million |
₩28.60 Billion ≈ $19.38 Million |
0.117x | -36.97% |
| 2015-12-31 | ₩215.89 Billion ≈ $146.31 Million |
₩40.17 Billion ≈ $27.22 Million |
0.186x | +23.59% |
| 2014-12-31 | ₩194.29 Billion ≈ $131.66 Million |
₩29.25 Billion ≈ $19.82 Million |
0.151x | +27.88% |
| 2013-12-31 | ₩181.70 Billion ≈ $123.14 Million |
₩21.39 Billion ≈ $14.50 Million |
0.118x | -16.60% |
| 2012-12-31 | ₩167.97 Billion ≈ $113.83 Million |
₩23.71 Billion ≈ $16.07 Million |
0.141x | +836.05% |
| 2011-12-31 | ₩148.28 Billion ≈ $100.49 Million |
₩-2.84 Billion ≈ $-1.93 Million |
-0.019x | -135.14% |
| 2010-12-31 | ₩132.09 Billion ≈ $89.52 Million |
₩7.21 Billion ≈ $4.89 Million |
0.055x | -74.74% |
| 2009-12-31 | ₩112.81 Billion ≈ $76.45 Million |
₩24.38 Billion ≈ $16.52 Million |
0.216x | -- |
About Mi Chang Oil
Michang Oil Ind. Co., Ltd. engages in the petrochemical business in South Korea. It offers automotive lubricants, including motor, gasoline engine, diesel engine, gear, and automatic transmission oils, as well as other application oils; and transformer oils. The company also provides industrial lubricants, such as hydraulic, gear, turbine, and heat transfer oils; and rubber process oils comprisin… Read more