Shandong Meichen Science & Technology Co Ltd (300237) - Cash Flow Conversion Efficiency

Latest 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 ≈ $1.48 Million USD) by net assets (CN¥845.47 Million ≈ $123.72 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see 300237 market cap for the company's overall valuation and market capitalisation.

Shandong Meichen Science & Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2025)

This chart illustrates how Shandong Meichen Science & Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore Shandong Meichen Science & Technology Co cash earnings quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Medistim ASA OL:MEDI	0.098x
Qingdao Huijintong Power SHG:603577	-0.017x
Zhejiang Jiaxin Silk Corp Ltd SHE:002404	-0.073x
Surya Semesta Internusa Tbk JK:SSIA	0.049x
Seobu T&D Co. Ltd KQ:006730	0.019x
Zhejiang Jinsheng New Materials Co SHE:300849	0.043x
Qinghai Huzhu Barley Wine Co Ltd SHE:002646	0.000x
Minto Apartment Real Estate Investment Trust TO:MI-UN	0.017x

Annual Cash Flow Conversion Efficiency for Shandong Meichen Science & Technology Co Ltd (2008–2025)

The table below shows the annual cash flow conversion efficiency of Shandong Meichen Science & Technology Co Ltd from 2008 to 2025. View 300237 live share price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥174.32 Million ≈ $25.51 Million	CN¥239.12 Million ≈ $34.99 Million	1.372x	+457.95%
2024-12-31	CN¥138.71 Million ≈ $20.30 Million	CN¥-53.15 Million ≈ $-7.78 Million	-0.383x	-475.32%
2023-12-31	CN¥492.97 Million ≈ $72.14 Million	CN¥50.33 Million ≈ $7.37 Million	0.102x	+2300.74%
2022-12-31	CN¥1.09 Billion ≈ $159.44 Million	CN¥4.63 Million ≈ $678.09K	0.004x	-70.38%
2021-12-31	CN¥2.45 Billion ≈ $358.51 Million	CN¥35.18 Million ≈ $5.15 Million	0.014x	+121.23%
2020-12-31	CN¥3.36 Billion ≈ $491.85 Million	CN¥-227.38 Million ≈ $-33.27 Million	-0.068x	-501.82%
2019-12-31	CN¥3.73 Billion ≈ $545.43 Million	CN¥62.75 Million ≈ $9.18 Million	0.017x	+150.45%
2018-12-31	CN¥3.67 Billion ≈ $537.21 Million	CN¥-122.51 Million ≈ $-17.93 Million	-0.033x	+37.11%
2017-12-31	CN¥3.36 Billion ≈ $491.13 Million	CN¥-178.08 Million ≈ $-26.06 Million	-0.053x	+62.38%
2016-12-31	CN¥2.68 Billion ≈ $392.21 Million	CN¥-378.06 Million ≈ $-55.32 Million	-0.141x	-39.96%
2015-12-31	CN¥2.25 Billion ≈ $329.16 Million	CN¥-226.71 Million ≈ $-33.17 Million	-0.101x	-405.39%
2014-12-31	CN¥1.22 Billion ≈ $178.79 Million	CN¥40.32 Million ≈ $5.90 Million	0.033x	-70.26%
2013-12-31	CN¥581.67 Million ≈ $85.12 Million	CN¥64.56 Million ≈ $9.45 Million	0.111x	-79.35%
2010-12-31	CN¥186.47 Million ≈ $27.29 Million	CN¥100.21 Million ≈ $14.66 Million	0.537x	-18.73%
2009-12-31	CN¥113.80 Million ≈ $16.65 Million	CN¥75.25 Million ≈ $11.01 Million	0.661x	+98908.75%
2008-12-31	CN¥67.38 Million ≈ $9.86 Million	CN¥45.00K ≈ $6.58K	0.001x	--

About Shandong Meichen Science & Technology Co Ltd

SHE:300237 China Auto Parts

Market Cap

$476.85 Million

CN¥3.26 Billion CNY

Market Cap Rank

#12609 Global

#3701 in China

Share Price

CN¥2.26

Change (1 day)

-0.88%

52-Week Range

CN¥1.66 - CN¥3.39

All Time High

CN¥10.82