Mi Chang Oil (003650) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.024x

Based on the latest financial reports, Mi Chang Oil (003650) has a cash flow conversion efficiency ratio of 0.024x as of September 2025. 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 (₩10.84 Billion ≈ $7.35 Million USD) by net assets (₩458.03 Billion ≈ $310.40 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Mi Chang Oil - Cash Flow Conversion Efficiency Trend (2009–2024)

This chart illustrates how Mi Chang Oil's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Mi Chang Oil (003650) total liabilities for a breakdown of total debt and financial obligations.

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.

Company	Cash Flow Conversion Efficiency
Raj Rayon Industries Limited NSE:RAJRILTD	0.604x
Greystone Housing Impact Investors LP NYSE:GHI	0.022x
GRIGEO AB EO -29 F:WM8	N/A
Verb Technology Company Inc NASDAQ:VERB	-0.004x
Bertrandt Aktiengesellschaft XETRA:BDT	0.156x
Calin Technology Co Ltd TW:4976	0.006x
Audio Pixels Holdings Ltd AU:AKP	0.264x
Moorim P&P Co Ltd KO:009580	-0.007x

Annual Cash Flow Conversion Efficiency for Mi Chang Oil (2009–2024)

The table below shows the annual cash flow conversion efficiency of Mi Chang Oil from 2009 to 2024. For the full company profile with market capitalisation and key ratios, see 003650 market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
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

KO:003650 Korea Oil & Gas Refining & Marketing

Market Cap

$128.27 Million

₩189.27 Billion KRW

Market Cap Rank

#18235 Global

#905 in Korea

Share Price

₩125100.00

Change (1 day)

+2.21%

52-Week Range

₩99100.00 - ₩149200.00

All Time High

₩149200.00