Mi Chang Oil (003650) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.016x

Based on the latest financial reports, Mi Chang Oil (003650) has a cash flow conversion efficiency ratio of -0.016x as of December 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 (₩-7.68 Billion ≈ $-5.21 Million USD) by net assets (₩479.41 Billion ≈ $324.89 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See 003650 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Mi Chang Oil - Cash Flow Conversion Efficiency Trend (2009–2025)

This chart illustrates how Mi Chang Oil's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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
Kunyue Development Co Ltd TWO:5206	-0.359x
Vestland Berhad KLSE:0273	-0.103x
EMC Instytut Medyczny SA WAR:EMC	0.060x
Unifiedpost Group SA BR:UPG	0.008x
EDAP TMS S.A F:EDA	-0.092x
Hwa Fong Rubber Ind Co Ltd TW:2109	0.062x
Apollo Silver Corp V:APGO	-0.089x
ParTec AG XETRA:JY0	N/A

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. 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
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

KO:003650 Korea Oil & Gas Refining & Marketing

Market Cap

$128.99 Million

₩190.33 Billion KRW

Market Cap Rank

#18301 Global

#823 in Korea

Share Price

₩125800.00

Change (1 day)

+0.08%

52-Week Range

₩103400.00 - ₩149200.00

All Time High

₩149200.00