Cangzhou Mingzhu Plastic Co Ltd
Cangzhou Mingzhu Plastic Co.,Ltd., together with its subsidiaries, manufactures and sells PE pipe systems, BOPA films, Li-ion battery separators, and composite pipes in China. The company offers PE gas and water supply pipelines, PE nuclear power/large diameter thick wall PE pipelines, PE fittings, and ground source heat pump heat exchange piping systems; dry uni-axial stretching, wet simultaneou… Read more
Cangzhou Mingzhu Plastic Co Ltd (002108) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.008x
Based on the latest financial reports, Cangzhou Mingzhu Plastic Co Ltd (002108) has a cash flow conversion efficiency ratio of -0.008x 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 (CN¥-38.05 Million) by net assets (CN¥5.02 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cangzhou Mingzhu Plastic Co Ltd - Cash Flow Conversion Efficiency Trend (2005–2024)
This chart illustrates how Cangzhou Mingzhu Plastic Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Cangzhou Mingzhu Plastic Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cangzhou Mingzhu Plastic Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nanjing Red Sun Co Ltd
SHE:000525
|
0.021x |
|
SMS Co. Ltd
PINK:SMSZF
|
0.072x |
|
Ehang Holdings Ltd
NASDAQ:EH
|
0.034x |
|
China Leadshine Technology Co Ltd
SHE:002979
|
0.084x |
|
Tong Hsing Electronic Industries Ltd
TW:6271
|
0.021x |
|
Allient Inc.
NASDAQ:ALNT
|
0.045x |
|
HÖEgh Autoliners AS
PINK:HOEGF
|
0.137x |
|
Kureha Corporation
F:0K1
|
0.005x |
Annual Cash Flow Conversion Efficiency for Cangzhou Mingzhu Plastic Co Ltd (2005–2024)
The table below shows the annual cash flow conversion efficiency of Cangzhou Mingzhu Plastic Co Ltd from 2005 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥5.15 Billion | CN¥47.39 Million | 0.009x | -86.32% |
| 2023-12-31 | CN¥5.12 Billion | CN¥344.42 Million | 0.067x | +22.39% |
| 2022-12-31 | CN¥5.23 Billion | CN¥287.23 Million | 0.055x | -57.83% |
| 2021-12-31 | CN¥3.82 Billion | CN¥497.68 Million | 0.130x | +73.70% |
| 2020-12-31 | CN¥3.58 Billion | CN¥268.41 Million | 0.075x | +34.16% |
| 2019-12-31 | CN¥3.36 Billion | CN¥187.93 Million | 0.056x | +10.64% |
| 2018-12-31 | CN¥3.30 Billion | CN¥166.60 Million | 0.051x | -67.65% |
| 2017-12-31 | CN¥3.21 Billion | CN¥502.04 Million | 0.156x | +150.57% |
| 2016-12-31 | CN¥2.77 Billion | CN¥172.79 Million | 0.062x | -15.46% |
| 2015-12-31 | CN¥1.79 Billion | CN¥132.09 Million | 0.074x | -45.91% |
| 2014-12-31 | CN¥1.63 Billion | CN¥221.74 Million | 0.136x | +252.05% |
| 2013-12-31 | CN¥1.20 Billion | CN¥46.45 Million | 0.039x | -41.13% |
| 2012-12-31 | CN¥1.11 Billion | CN¥72.94 Million | 0.066x | -14.82% |
| 2011-12-31 | CN¥724.79 Million | CN¥55.95 Million | 0.077x | -30.71% |
| 2010-12-31 | CN¥630.98 Million | CN¥70.30 Million | 0.111x | -21.41% |
| 2009-12-31 | CN¥523.32 Million | CN¥74.19 Million | 0.142x | -62.00% |
| 2008-12-31 | CN¥331.62 Million | CN¥123.73 Million | 0.373x | +299.93% |
| 2007-12-31 | CN¥308.71 Million | CN¥-57.61 Million | -0.187x | -232.47% |
| 2006-12-31 | CN¥143.95 Million | CN¥20.28 Million | 0.141x | -70.12% |
| 2005-12-31 | CN¥131.01 Million | CN¥61.77 Million | 0.472x | -- |