Shandong Meichen Science & Technology Co Ltd Cash Flow Conversion Efficiency

Latest as of June 2023: 0.012x

Shandong Meichen Science & Technology Co Ltd cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Shandong Meichen Science & Technology Co Ltd from 2008 to 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. View today's stock price for Shandong Meichen Science & Technology Co for real-time trading data and today's change.

Shandong Meichen Science & Technology Co Ltd Cash Flow Conversion Ratio Explained

Shandong Meichen Science & Technology Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Shandong Meichen Science & Technology Co (300237) market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
MH Robot & Automation Co. Ltd. SHE:301199	-0.001x
MAS Financial Services Limited NSE:MASFIN	-0.330x
Djurslands Bank CO:DJUR	0.002x
SZZT Electronics Co Ltd SHE:002197	0.019x
Enterprise Bancorp Inc NASDAQ:EBTC	0.014x
Zhuhai Comleader Information Science & Technology Co. Ltd. A SHG:688175	N/A
ScinoPharm Taiwan Ltd TW:1789	0.019x
Anhui Huamao Textile Co Ltd SHE:000850	0.117x

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. Review 300237 free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

$495.84 Million

CN¥3.39 Billion CNY

Market Cap Rank

#11956 Global

#3400 in China

Share Price

CN¥2.35

Change (1 day)

+1.29%

52-Week Range

CN¥1.66 - CN¥3.22

All Time High

CN¥10.82