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. See 300506 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
Inrom Construction Industries Ltd TA:INRM	0.023x
Guomai Technologies Inc SHE:002093	0.092x
East China Engineering Science and Technology Co Ltd SHE:002140	0.084x
POSCO-Thainox Public Company Limited BK:INOX	-0.040x
Bank Tabungan Negara Persero JK:BBTN	-0.102x
Shenzhen Liande Automatic Equipment Co Ltd SHE:300545	-0.012x
Shanghai Diesel Engine Co Ltd A SHG:600841	-0.045x
DFDS A/S CO:DFDS	0.041x

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 market cap of Shenzhen Minkave Technology Co Ltd.

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

SHE:300506 China Electrical Equipment & Parts

Market Cap

$1.02 Billion

CN¥6.97 Billion CNY

Market Cap Rank

#8992 Global

#2272 in China

Share Price

CN¥4.89

Change (1 day)

+0.62%

52-Week Range

CN¥3.77 - CN¥5.56

All Time High

CN¥33.99