Shenzhen Minkave Technology Co Ltd (300506) - Cash Flow Conversion Efficiency
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. See Shenzhen Minkave Technology Co Ltd (300506) net asset quality to measure how much of total assets are equity-financed.
Shenzhen Minkave Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2025)
This chart illustrates how Shenzhen Minkave Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Shenzhen Minkave Technology Co Ltd (300506) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Huabao Flavours & Fragrances Co Ltd Class A
SHE:300741
|
0.003x |
|
Gold.com, Inc.
NYSE:GOLD
|
-0.076x |
|
Avalyn Pharma Inc. Common Stock
NASDAQ:AVLN
|
N/A |
|
Beijing Sanju Environmental
SHE:300072
|
0.033x |
|
Abacus Storage King
AU:ASK
|
0.012x |
|
Netcare
JSE:NTC
|
0.220x |
|
Bellring Brands LLC
NYSE:BRBR
|
0.022x |
|
Inhibrx Biosciences, Inc.
NASDAQ:INBX
|
-3.769x |
Annual Cash Flow Conversion Efficiency for Shenzhen Minkave Technology Co Ltd (2011–2025)
The table below shows the annual cash flow conversion efficiency of Shenzhen Minkave Technology Co Ltd from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see Shenzhen Minkave Technology Co Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥1.38 Billion ≈ $201.88 Million |
CN¥-91.76 Million ≈ $-13.43 Million |
-0.067x | -208.21% |
| 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
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