Shandong Minhe Animal Husbandry Co Ltd (002234) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shandong Minhe Animal Husbandry Co Ltd (002234) 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 (CN¥43.52 Million ≈ $6.37 Million USD) by net assets (CN¥1.79 Billion ≈ $261.66 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shandong Minhe Animal Husbandry Co Ltd - Cash Flow Conversion Efficiency Trend (2005–2024)
This chart illustrates how Shandong Minhe Animal Husbandry Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 002234 total liabilities for a breakdown of total debt and financial obligations.
Shandong Minhe Animal Husbandry Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shandong Minhe Animal Husbandry Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tianjin Realty Development Group Co Ltd
SHG:600322
|
0.063x |
|
Columbus McKinnon Corporation
NASDAQ:CMCO
|
0.022x |
|
Covenant Logistics Group, Inc.
NASDAQ:CVLG
|
0.098x |
|
Kailong High Technology Co. Ltd.
SHE:300912
|
N/A |
|
Shan Dong Delisi Food Co Ltd
SHE:002330
|
-0.007x |
|
WideOpenWest Inc
NYSE:WOW
|
0.264x |
|
Zhejiang Shengda Pharm
SHG:603079
|
0.028x |
|
Investors Title Company
NASDAQ:ITIC
|
0.019x |
Annual Cash Flow Conversion Efficiency for Shandong Minhe Animal Husbandry Co Ltd (2005–2024)
The table below shows the annual cash flow conversion efficiency of Shandong Minhe Animal Husbandry Co Ltd from 2005 to 2024. For the full company profile with market capitalisation and key ratios, see 002234 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.02 Billion ≈ $295.85 Million |
CN¥-56.19 Million ≈ $-8.22 Million |
-0.028x | -6.25% |
| 2023-12-31 | CN¥2.28 Billion ≈ $332.98 Million |
CN¥-59.52 Million ≈ $-8.71 Million |
-0.026x | +75.83% |
| 2022-12-31 | CN¥2.67 Billion ≈ $390.61 Million |
CN¥-288.90 Million ≈ $-42.28 Million |
-0.108x | -893.27% |
| 2021-12-31 | CN¥3.13 Billion ≈ $457.69 Million |
CN¥42.67 Million ≈ $6.24 Million |
0.014x | -84.88% |
| 2020-12-31 | CN¥2.63 Billion ≈ $384.69 Million |
CN¥237.19 Million ≈ $34.71 Million |
0.090x | -85.74% |
| 2019-12-31 | CN¥2.75 Billion ≈ $401.70 Million |
CN¥1.74 Billion ≈ $254.23 Million |
0.633x | +59.68% |
| 2018-12-31 | CN¥1.12 Billion ≈ $164.07 Million |
CN¥444.40 Million ≈ $65.03 Million |
0.396x | +482.76% |
| 2017-12-31 | CN¥739.90 Million ≈ $108.27 Million |
CN¥-76.62 Million ≈ $-11.21 Million |
-0.104x | -137.62% |
| 2016-12-31 | CN¥1.03 Billion ≈ $150.79 Million |
CN¥283.65 Million ≈ $41.51 Million |
0.275x | +35.29% |
| 2015-12-31 | CN¥876.66 Million ≈ $128.28 Million |
CN¥178.37 Million ≈ $26.10 Million |
0.203x | +239.95% |
| 2014-12-31 | CN¥1.19 Billion ≈ $174.46 Million |
CN¥-173.33 Million ≈ $-25.36 Million |
-0.145x | -158.93% |
| 2013-12-31 | CN¥1.13 Billion ≈ $165.26 Million |
CN¥-63.41 Million ≈ $-9.28 Million |
-0.056x | -927.55% |
| 2012-12-31 | CN¥1.37 Billion ≈ $200.84 Million |
CN¥-7.50 Million ≈ $-1.10 Million |
-0.005x | -103.85% |
| 2011-12-31 | CN¥1.61 Billion ≈ $234.99 Million |
CN¥227.97 Million ≈ $33.36 Million |
0.142x | -22.37% |
| 2010-12-31 | CN¥632.71 Million ≈ $92.59 Million |
CN¥115.71 Million ≈ $16.93 Million |
0.183x | +343.71% |
| 2009-12-31 | CN¥583.32 Million ≈ $85.36 Million |
CN¥24.04 Million ≈ $3.52 Million |
0.041x | -47.47% |
| 2008-12-31 | CN¥626.18 Million ≈ $91.63 Million |
CN¥49.13 Million ≈ $7.19 Million |
0.078x | -68.26% |
| 2007-12-31 | CN¥306.38 Million ≈ $44.83 Million |
CN¥75.74 Million ≈ $11.08 Million |
0.247x | +37.37% |
| 2006-12-31 | CN¥219.68 Million ≈ $32.15 Million |
CN¥39.53 Million ≈ $5.78 Million |
0.180x | -55.31% |
| 2005-12-31 | CN¥174.70 Million ≈ $25.56 Million |
CN¥70.35 Million ≈ $10.29 Million |
0.403x | -- |
About Shandong Minhe Animal Husbandry Co Ltd
Shandong Minhe Animal Husbandry Co., Ltd., together with its subsidiaries, engages in the breeding, producing, slaughtering, processing, and sale of commercial broiler chickens in the People's Republic of China. The company offers commercial chicken cooked food and prepared food. It also produces and sells organic fertilizer; and generates manure biogas and photovoltaic power. The company offers … Read more