Shandong Meichen Science & Technology Co Ltd
Shandong Meichen Technology Group Co., Ltd. engages in the research and development, design, manufacture, and sale of various fluid delivery system products and suspension vibration reduction system products in China. The company develops and produces fluid pipelines, rubber damping and suspension systems, new energy thermal management systems, and energy storage equipment products, which are use… Read more
Shandong Meichen Science & Technology Co Ltd (300237) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.012x
Based on the latest financial reports, Shandong Meichen Science & Technology Co Ltd (300237) has a cash flow conversion efficiency ratio of 0.012x as of June 2023.
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¥10.11 Million) by net assets (CN¥845.47 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shandong Meichen Science & Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Shandong Meichen Science & Technology 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.
Shandong Meichen Science & Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shandong Meichen Science & Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
The Manitowoc Company Inc
F:MNGN
|
-0.021x |
|
Shenzhen Neoway Technology Co Ltd
SHG:688159
|
0.028x |
|
TRANSFORMERS AND RECTIFIERS INDIA
NSE:TARIL
|
-0.021x |
|
Zhongyeda Electric Co Ltd
SHE:002441
|
-0.038x |
|
Beijing InHand Networks Technology Co Ltd
SHG:688080
|
0.071x |
|
Cia Brasileira de Aluminio
SA:CBAV3
|
0.118x |
|
Community West Bancshares
NASDAQ:CWBC
|
0.025x |
|
Chengdu Xiling Power Science & Technology Incorporated Co Class A
SHE:300733
|
0.070x |
Annual Cash Flow Conversion Efficiency for Shandong Meichen Science & Technology Co Ltd (2008–2024)
The table below shows the annual cash flow conversion efficiency of Shandong Meichen Science & Technology Co Ltd from 2008 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥228.98 Million | CN¥-53.15 Million | -0.232x | -327.36% |
| 2023-12-31 | CN¥492.97 Million | CN¥50.33 Million | 0.102x | +2300.74% |
| 2022-12-31 | CN¥1.09 Billion | CN¥4.63 Million | 0.004x | -70.38% |
| 2021-12-31 | CN¥2.45 Billion | CN¥35.18 Million | 0.014x | +121.23% |
| 2020-12-31 | CN¥3.36 Billion | CN¥-227.38 Million | -0.068x | -501.82% |
| 2019-12-31 | CN¥3.73 Billion | CN¥62.75 Million | 0.017x | +150.45% |
| 2018-12-31 | CN¥3.67 Billion | CN¥-122.51 Million | -0.033x | +37.11% |
| 2017-12-31 | CN¥3.36 Billion | CN¥-178.08 Million | -0.053x | +62.38% |
| 2016-12-31 | CN¥2.68 Billion | CN¥-378.06 Million | -0.141x | -39.96% |
| 2015-12-31 | CN¥2.25 Billion | CN¥-226.71 Million | -0.101x | -405.39% |
| 2014-12-31 | CN¥1.22 Billion | CN¥40.32 Million | 0.033x | -70.26% |
| 2013-12-31 | CN¥581.67 Million | CN¥64.56 Million | 0.111x | -79.35% |
| 2010-12-31 | CN¥186.47 Million | CN¥100.21 Million | 0.537x | -18.73% |
| 2009-12-31 | CN¥113.80 Million | CN¥75.25 Million | 0.661x | +98908.75% |
| 2008-12-31 | CN¥67.38 Million | CN¥45.00K | 0.001x | -- |