Shenzhen Minkave Technology Co Ltd (300506) - Cash Flow Conversion Efficiency

Latest 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 ≈ $2.67 Million USD) by net assets (CN¥437.39 Million ≈ $64.00 Million USD). 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. Read total liabilities of Shenzhen Minkave Technology Co Ltd for a breakdown of total debt and financial obligations.

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
Shanghai Model Organisms Center Inc SHG:688265	0.009x
Sikarin Public Company Limited BK:SKR	0.075x
Lanpec Technologies Ltd SHG:601798	0.028x
Aberdeen Standard Global Infrastructure Income Fund NYSE:ASGI	N/A
Better Home & Finance Holding Company NASDAQ:BETR	-1.052x
Cantor Equity Partners IV, Inc. Class A Ordinary Shares NASDAQ:CEPF	0.000x
Changzhou Shenli Electrical Machine Incorporated Co SHG:603819	0.017x
Temple & Webster Group Ltd AU:TPW	0.227x

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. For the full company profile with market capitalisation and key ratios, see market cap of Shenzhen Minkave Technology Co Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥96.75 Million ≈ $14.16 Million	CN¥5.95 Million ≈ $870.21K	0.061x	-59.82%
2023-12-31	CN¥145.04 Million ≈ $21.22 Million	CN¥22.18 Million ≈ $3.25 Million	0.153x	+324.83%
2022-12-31	CN¥521.06 Million ≈ $76.25 Million	CN¥-35.45 Million ≈ $-5.19 Million	-0.068x	-185.44%
2021-12-31	CN¥1.05 Billion ≈ $154.03 Million	CN¥-25.09 Million ≈ $-3.67 Million	-0.024x	+79.85%
2020-12-31	CN¥1.46 Billion ≈ $213.66 Million	CN¥-172.70 Million ≈ $-25.27 Million	-0.118x	-643.94%
2019-12-31	CN¥2.13 Billion ≈ $311.90 Million	CN¥46.35 Million ≈ $6.78 Million	0.022x	+121.23%
2018-12-31	CN¥1.96 Billion ≈ $287.20 Million	CN¥-201.00 Million ≈ $-29.41 Million	-0.102x	+68.13%
2017-12-31	CN¥735.41 Million ≈ $107.61 Million	CN¥-236.30 Million ≈ $-34.58 Million	-0.321x	-62.93%
2016-12-31	CN¥591.17 Million ≈ $86.51 Million	CN¥-116.59 Million ≈ $-17.06 Million	-0.197x	-227.61%
2015-12-31	CN¥274.79 Million ≈ $40.21 Million	CN¥-16.54 Million ≈ $-2.42 Million	-0.060x	-112.21%
2011-12-31	CN¥52.23 Million ≈ $7.64 Million	CN¥25.75 Million ≈ $3.77 Million	0.493x	--

About Shenzhen Minkave Technology Co Ltd

SHE:300506 China Electrical Equipment & Parts

Market Cap

$472.29 Million

CN¥3.23 Billion CNY

Market Cap Rank

#12821 Global

#4013 in China

Share Price

CN¥4.64

Change (1 day)

-3.93%

52-Week Range

CN¥3.27 - CN¥5.56

All Time High

CN¥33.99