Shenzhen Minkave Technology Co Ltd Cash Flow Conversion Efficiency

Latest as of June 2023: 0.042x

Shenzhen Minkave Technology Co Ltd 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.

Cash Flow Conversion Efficiency of Shenzhen Minkave Technology Co Ltd (2011–2025)

Cash flow conversion efficiency of Shenzhen Minkave Technology Co Ltd from 2011 to 2025. This chart illustrates how Shenzhen Minkave Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Shenzhen Minkave Technology Co Ltd (300506) stock price for real-time trading data and today's change.

Shenzhen Minkave Technology Co Ltd Cash Flow Conversion Ratio Explained

Shenzhen Minkave Technology Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Shenzhen Minkave Technology Co Ltd stock valuation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Guangdong Xinhui Meida Nylon Co Ltd SHE:000782	0.116x
MA Financial Group Ltd AU:MAF	0.847x
HIT Welding Industry Co. Ltd. SHE:301137	0.038x
JBG SMITH Properties NYSE:JBGS	0.002x
Yuanli Chemical Group Co Ltd SHG:603217	-0.001x
Helen of Troy Ltd NASDAQ:HELE	-0.001x
Sonata Software Limited NSE:SONATSOFTW	0.021x
Jiangsu LiXing General Steel Ball Co Ltd SHE:300421	0.009x

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. Review 300506 free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

$682.15 Million

CN¥4.66 Billion CNY

Market Cap Rank

#10318 Global

#2685 in China

Share Price

CN¥3.27

Change (1 day)

-2.68%

52-Week Range

CN¥3.27 - CN¥6.57

All Time High

CN¥33.99