Shenzhen Minkave Technology Co Ltd
Shenzhen Minkave Technology Co., Ltd. engages in landscape lighting engineering business in China. It is involved in the design and construction of lighting projects; and production of related lighting products; research, development, production, sales activities; contract energy management business, undertaking lighting engineering design, construction, EMC, smart street lights and cultural tour… Read more
Shenzhen Minkave Technology Co Ltd (300506) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.042x
Based on the latest financial reports, Shenzhen Minkave Technology Co Ltd (300506) has a cash flow conversion efficiency ratio of 0.042x 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¥18.25 Million) by net assets (CN¥437.39 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shenzhen Minkave Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Shenzhen Minkave 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.
Shenzhen Minkave Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen Minkave Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ENF Technology Co. Ltd
KQ:102710
|
0.071x |
|
CHINA EAST ED HLDGS LTD
F:ZX3
|
N/A |
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
0.033x |
|
Beijing Sanlian Hope Shin-Gosen Technical Service Co Ltd
SHE:300384
|
-0.003x |
|
Joyware Electronics Co Ltd
SHE:300270
|
-0.015x |
|
Agriculture & Natural Solutions Acquisition Corporation Unit
NASDAQ:ANSCU
|
N/A |
|
Yangzhou Seashine New Materials Co
SHE:300885
|
0.030x |
|
Instalco AB
LSE:0RP5
|
-0.019x |
Annual Cash Flow Conversion Efficiency for Shenzhen Minkave Technology Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Shenzhen Minkave Technology Co Ltd from 2011 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥96.75 Million | CN¥5.95 Million | 0.061x | -59.82% |
| 2023-12-31 | CN¥145.04 Million | CN¥22.18 Million | 0.153x | +324.83% |
| 2022-12-31 | CN¥521.06 Million | CN¥-35.45 Million | -0.068x | -185.44% |
| 2021-12-31 | CN¥1.05 Billion | CN¥-25.09 Million | -0.024x | +79.85% |
| 2020-12-31 | CN¥1.46 Billion | CN¥-172.70 Million | -0.118x | -643.94% |
| 2019-12-31 | CN¥2.13 Billion | CN¥46.35 Million | 0.022x | +121.23% |
| 2018-12-31 | CN¥1.96 Billion | CN¥-201.00 Million | -0.102x | +68.13% |
| 2017-12-31 | CN¥735.41 Million | CN¥-236.30 Million | -0.321x | -62.93% |
| 2016-12-31 | CN¥591.17 Million | CN¥-116.59 Million | -0.197x | -227.61% |
| 2015-12-31 | CN¥274.79 Million | CN¥-16.54 Million | -0.060x | -112.21% |
| 2011-12-31 | CN¥52.23 Million | CN¥25.75 Million | 0.493x | -- |