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 net asset quality index to measure how much of total assets are equity-financed.

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. Check cash flow quality index of Mi Chang Oil to evaluate the quality of earnings relative to operating cash generation.

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
King Core Electronics Inc TW:6155	0.045x
AirBoss of America Corp. TO:BOS	0.010x
Tonlin Department Store Co Ltd TW:2910	0.020x
THE REJECT SHOP LTD F:RFD	N/A
Eastern Communications Co Ltd B SHG:900941	0.030x
Ice Make Refrigeration Limited NSE:ICEMAKE	-0.437x
Warehouses Estates Belgium SCA BR:WEB	0.031x
GTS Internasional Tbk PT JK:GTSI	0.175x

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 Mi Chang Oil market capitalisation.

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

$141.90 Million

₩209.40 Billion KRW

Market Cap Rank

#17803 Global

#716 in Korea

Share Price

₩138400.00

Change (1 day)

+1.24%

52-Week Range

₩103400.00 - ₩149200.00

All Time High

₩149200.00