Zhejiang Meili High Technology Co Ltd (300611) - Cash Flow Conversion Efficiency

Latest 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 ≈ $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. See Zhejiang Meili High Technology Co Ltd (300611) net asset quality to measure how much of total assets are equity-financed.

Zhejiang Meili High Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2013–2025)

This chart illustrates how Zhejiang Meili High Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Zhejiang Meili High Technology Co Ltd to evaluate the quality of earnings relative to operating cash generation.

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
Tipco Asphalt Public Company Limited BK:TASCO-R	0.046x
Hua Yuan Property Co Ltd SHG:600743	0.152x
COMSTOCK HLDG-A F:CHO	N/A
Guangdong Senssun Weighing Apparatus Group Ltd SHE:002870	0.049x
Dongguan Kingsun Optoelectronic Co Ltd SHE:002638	-0.001x
Friend Co Ltd SHG:605050	N/A
Inox Green Energy Services Limited NSE:INOXGREEN	0.015x
Acrel Co LTD SHE:300286	0.022x

Annual Cash Flow Conversion Efficiency for Zhejiang Meili High Technology Co Ltd (2013–2025)

The table below shows the annual cash flow conversion efficiency of Zhejiang Meili High Technology Co Ltd from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see 300611 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥1.35 Billion ≈ $197.81 Million	CN¥301.23 Million ≈ $44.08 Million	0.223x	+95.57%
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

SHE:300611 China Tools & Accessories

Market Cap

$737.89 Million

CN¥5.04 Billion CNY

Market Cap Rank

#10106 Global

#2619 in China

Share Price

CN¥23.89

Change (1 day)

+3.64%

52-Week Range

CN¥22.25 - CN¥35.18

All Time High

CN¥36.59