Cangzhou Mingzhu Plastic Co Ltd (002108) - Cash Flow Conversion Efficiency
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 ≈ $-5.57 Million USD) by net assets (CN¥5.02 Billion ≈ $734.60 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 Cangzhou Mingzhu Plastic Co Ltd (002108) balance sheet quality index to measure how much of total assets are equity-financed.
Cangzhou Mingzhu Plastic Co Ltd - Cash Flow Conversion Efficiency Trend (2005–2025)
This chart illustrates how Cangzhou Mingzhu Plastic Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Cangzhou Mingzhu Plastic Co Ltd to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Lithium Americas Corp
TO:LAC
|
-0.009x |
|
ScanSource Inc
NASDAQ:SCSC
|
0.079x |
|
Pursuit Attractions and Hospitality, Inc.
NYSE:PRSU
|
0.149x |
|
Anhui Expressway Company Limited
F:HU7
|
0.027x |
|
Telia Lietuva AB
F:ZWS
|
0.108x |
|
Faraday Copper Corp.
TO:FDY
|
0.012x |
|
ARIZONA SONORAN COPPER
F:H6F
|
0.013x |
|
Dynagreen Environmental Protection Group Co Ltd
SHG:601330
|
0.061x |
Annual Cash Flow Conversion Efficiency for Cangzhou Mingzhu Plastic Co Ltd (2005–2025)
The table below shows the annual cash flow conversion efficiency of Cangzhou Mingzhu Plastic Co Ltd from 2005 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Cangzhou Mingzhu Plastic Co Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥5.02 Billion ≈ $734.56 Million |
CN¥162.76 Million ≈ $23.82 Million |
0.032x | +252.38% |
| 2024-12-31 | CN¥5.15 Billion ≈ $753.65 Million |
CN¥47.39 Million ≈ $6.93 Million |
0.009x | -86.32% |
| 2023-12-31 | CN¥5.12 Billion ≈ $749.60 Million |
CN¥344.42 Million ≈ $50.40 Million |
0.067x | +22.39% |
| 2022-12-31 | CN¥5.23 Billion ≈ $765.08 Million |
CN¥287.23 Million ≈ $42.03 Million |
0.055x | -57.83% |
| 2021-12-31 | CN¥3.82 Billion ≈ $559.05 Million |
CN¥497.68 Million ≈ $72.83 Million |
0.130x | +73.70% |
| 2020-12-31 | CN¥3.58 Billion ≈ $523.73 Million |
CN¥268.41 Million ≈ $39.28 Million |
0.075x | +34.16% |
| 2019-12-31 | CN¥3.36 Billion ≈ $491.95 Million |
CN¥187.93 Million ≈ $27.50 Million |
0.056x | +10.64% |
| 2018-12-31 | CN¥3.30 Billion ≈ $482.51 Million |
CN¥166.60 Million ≈ $24.38 Million |
0.051x | -67.65% |
| 2017-12-31 | CN¥3.21 Billion ≈ $470.41 Million |
CN¥502.04 Million ≈ $73.46 Million |
0.156x | +150.57% |
| 2016-12-31 | CN¥2.77 Billion ≈ $405.68 Million |
CN¥172.79 Million ≈ $25.28 Million |
0.062x | -15.46% |
| 2015-12-31 | CN¥1.79 Billion ≈ $262.20 Million |
CN¥132.09 Million ≈ $19.33 Million |
0.074x | -45.91% |
| 2014-12-31 | CN¥1.63 Billion ≈ $238.09 Million |
CN¥221.74 Million ≈ $32.45 Million |
0.136x | +252.05% |
| 2013-12-31 | CN¥1.20 Billion ≈ $175.58 Million |
CN¥46.45 Million ≈ $6.80 Million |
0.039x | -41.13% |
| 2012-12-31 | CN¥1.11 Billion ≈ $162.31 Million |
CN¥72.94 Million ≈ $10.67 Million |
0.066x | -14.82% |
| 2011-12-31 | CN¥724.79 Million ≈ $106.06 Million |
CN¥55.95 Million ≈ $8.19 Million |
0.077x | -30.71% |
| 2010-12-31 | CN¥630.98 Million ≈ $92.33 Million |
CN¥70.30 Million ≈ $10.29 Million |
0.111x | -21.41% |
| 2009-12-31 | CN¥523.32 Million ≈ $76.58 Million |
CN¥74.19 Million ≈ $10.86 Million |
0.142x | -62.00% |
| 2008-12-31 | CN¥331.62 Million ≈ $48.53 Million |
CN¥123.73 Million ≈ $18.11 Million |
0.373x | +299.93% |
| 2007-12-31 | CN¥308.71 Million ≈ $45.17 Million |
CN¥-57.61 Million ≈ $-8.43 Million |
-0.187x | -232.47% |
| 2006-12-31 | CN¥143.95 Million ≈ $21.07 Million |
CN¥20.28 Million ≈ $2.97 Million |
0.141x | -70.12% |
| 2005-12-31 | CN¥131.01 Million ≈ $19.17 Million |
CN¥61.77 Million ≈ $9.04 Million |
0.472x | -- |
About 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