Zhejiang Meili High Technology Co Ltd
Zhejiang Meili High Technology Co., Ltd. engages in the research and development, production, and sale of high-end spring products in China and internationally. The company offers suspension system springs, body and interior system springs, gearbox spring and spring assembly products, valve springs, stabilizer bars, hot coil series springs, precision springs, precision injection molded parts, fin… Read more
Zhejiang Meili High Technology Co Ltd (300611) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.064x
Based on the latest financial reports, Zhejiang Meili High Technology Co Ltd (300611) has a cash flow conversion efficiency ratio of 0.064x as of September 2025.
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¥84.93 Million) by net assets (CN¥1.32 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang Meili High Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Zhejiang Meili High Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Zhejiang Meili High Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Meili High Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fukuyama Transporting Co. Ltd
F:FUY
|
N/A |
|
ITOCHU ENEX
F:96P
|
N/A |
|
Cheng Du Sheng Nuo Biotec Co. Ltd. A
SHG:688117
|
-0.021x |
|
Consensus Cloud Solutions Inc
NASDAQ:CCSI
|
1.226x |
|
Gulf Keystone Petroleum Ltd
PINK:GUKYF
|
0.084x |
|
Changbai Mountain Tourism Co Ltd
SHG:603099
|
0.160x |
|
Kforce Inc.
NASDAQ:KFRC
|
0.177x |
|
Fancl Corporation
OTCGREY:FACYF
|
N/A |
Annual Cash Flow Conversion Efficiency for Zhejiang Meili High Technology Co Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Meili High Technology Co Ltd from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.17 Billion | CN¥133.56 Million | 0.114x | +20.70% |
| 2023-12-31 | CN¥1.08 Billion | CN¥102.41 Million | 0.094x | +37.96% |
| 2022-12-31 | CN¥1.07 Billion | CN¥73.54 Million | 0.068x | +123.35% |
| 2021-12-31 | CN¥903.77 Million | CN¥27.69 Million | 0.031x | -75.79% |
| 2020-12-31 | CN¥653.11 Million | CN¥82.63 Million | 0.127x | +19.49% |
| 2019-12-31 | CN¥620.27 Million | CN¥65.68 Million | 0.106x | +96.88% |
| 2018-12-31 | CN¥657.58 Million | CN¥35.37 Million | 0.054x | +143.76% |
| 2017-12-31 | CN¥672.44 Million | CN¥14.84 Million | 0.022x | -87.08% |
| 2016-12-31 | CN¥421.88 Million | CN¥72.04 Million | 0.171x | +19.22% |
| 2015-12-31 | CN¥367.71 Million | CN¥52.67 Million | 0.143x | +18.75% |
| 2014-12-31 | CN¥230.37 Million | CN¥27.79 Million | 0.121x | -28.79% |
| 2013-12-31 | CN¥142.65 Million | CN¥24.16 Million | 0.169x | -- |