Zhejiang Meili High Technology Co Ltd (300611) - Cash Flow Conversion Efficiency
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 ≈ $12.43 Million USD) by net assets (CN¥1.32 Billion ≈ $192.78 Million USD). 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. Read 300611 liabilities breakdown for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Eastman Kodak Co
NYSE:KODK
|
0.024x |
|
Rategain Travel Technologies Limited
NSE:RATEGAIN
|
0.027x |
|
HangZhou Radical Energy Saving Technology Co Ltd
SHE:300652
|
0.065x |
|
Lotte Chilsung Beverage
KO:005300
|
0.033x |
|
Beijing Science Sun Pharmaceutical Co Ltd
SHE:300485
|
0.008x |
|
Boozt AB
ST:BOOZT
|
0.379x |
|
Telsys
TA:TLSY
|
0.175x |
|
Link Mobility Group Holding ASA
OL:LINK
|
0.122x |
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. For the full company profile with market capitalisation and key ratios, see market cap of Zhejiang Meili High Technology Co Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.17 Billion ≈ $171.53 Million |
CN¥133.56 Million ≈ $19.54 Million |
0.114x | +20.70% |
| 2023-12-31 | CN¥1.08 Billion ≈ $158.74 Million |
CN¥102.41 Million ≈ $14.99 Million |
0.094x | +37.96% |
| 2022-12-31 | CN¥1.07 Billion ≈ $157.27 Million |
CN¥73.54 Million ≈ $10.76 Million |
0.068x | +123.35% |
| 2021-12-31 | CN¥903.77 Million ≈ $132.25 Million |
CN¥27.69 Million ≈ $4.05 Million |
0.031x | -75.79% |
| 2020-12-31 | CN¥653.11 Million ≈ $95.57 Million |
CN¥82.63 Million ≈ $12.09 Million |
0.127x | +19.49% |
| 2019-12-31 | CN¥620.27 Million ≈ $90.76 Million |
CN¥65.68 Million ≈ $9.61 Million |
0.106x | +96.88% |
| 2018-12-31 | CN¥657.58 Million ≈ $96.22 Million |
CN¥35.37 Million ≈ $5.18 Million |
0.054x | +143.76% |
| 2017-12-31 | CN¥672.44 Million ≈ $98.40 Million |
CN¥14.84 Million ≈ $2.17 Million |
0.022x | -87.08% |
| 2016-12-31 | CN¥421.88 Million ≈ $61.73 Million |
CN¥72.04 Million ≈ $10.54 Million |
0.171x | +19.22% |
| 2015-12-31 | CN¥367.71 Million ≈ $53.81 Million |
CN¥52.67 Million ≈ $7.71 Million |
0.143x | +18.75% |
| 2014-12-31 | CN¥230.37 Million ≈ $33.71 Million |
CN¥27.79 Million ≈ $4.07 Million |
0.121x | -28.79% |
| 2013-12-31 | CN¥142.65 Million ≈ $20.87 Million |
CN¥24.16 Million ≈ $3.54 Million |
0.169x | -- |
About 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