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. Also see Shenzhen Minkave Technology Co Ltd (300506) total market value for the company's overall valuation and market capitalisation.

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. Explore earnings quality score of Shenzhen Minkave Technology Co Ltd to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
National Presto Industries Inc NYSE:NPK	0.079x
TWO HARBORS INV. DL-0001 F:2H2	0.066x
China Animal Husbandry Industry Co Ltd SHG:600195	0.041x
Fugro N.V. AS:FUR	0.023x
Nsfocus Information Technology Co Ltd SHE:300369	-0.005x
Procter & Gamble Health Limited NSE:PGHL	0.278x
HyUnion Holding Co Ltd SHE:002537	0.017x
AMAG Austria Metall AG VI:AMAG	0.035x

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. View Shenzhen Minkave Technology Co Ltd (300506) stock price for real-time trading data and today's change.

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

$988.81 Million

CN¥6.76 Billion CNY

Market Cap Rank

#9007 Global

#2210 in China

Share Price

CN¥4.74

Change (1 day)

+1.50%

52-Week Range

CN¥3.79 - CN¥6.57

All Time High

CN¥33.99