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. See debt-free asset ratio of Shandong Meichen Science & Technology Co to measure how much of total assets are equity-financed.

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. Check Shandong Meichen Science & Technology Co earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

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
Guizhou Yibai Pharmaceutical Co Ltd SHG:600594	0.015x
Anhui Jinchun Nonwoven Co Ltd SHE:300877	-0.067x
Eaton Vance Municipal Income Closed Fund NYSE:EVN	0.020x
Bandwidth Inc NASDAQ:BAND	0.057x
Hillstone Networks Co Ltd SHG:688030	-0.042x
Jasmine International Public Company Limited BK:JAS-R	0.050x
Long Chen Paper Co Ltd TW:1909	-0.002x
Zhejiang Extek Technology Co. Ltd. A SHE:301399	N/A

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. For the full company profile with market capitalisation and key ratios, see Shandong Meichen Science & Technology Co (300237) market capitalisation.

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

$413.56 Million

CN¥2.83 Billion CNY

Market Cap Rank

#13121 Global

#3841 in China

Share Price

CN¥1.96

Change (1 day)

+2.08%

52-Week Range

CN¥1.66 - CN¥3.98

All Time High

CN¥10.82