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 how many days can Zhejiang Meili High Technology Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

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.

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
Dynavox Group ST:DYVOX	0.161x
Ncs Testing Technology Co Ltd SHE:300797	0.012x
Guilin Layn Natural Ingredients Corp SHE:002166	0.017x
PARATUS ENERGY SERVICES LTD OL:PLSV	1.070x
Jiangyin Haida Rubber and Plastic Co Ltd Class A SHE:300320	0.017x
Fujian Guanfu Modern Household Wares Co Ltd SHE:002102	-0.039x
Sanxiang Co Ltd SHE:000863	0.011x
Xiamen Anne Corp Ltd SHE:002235	0.009x

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 market cap of Zhejiang Meili High Technology Co Ltd.

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

$797.19 Million

CN¥5.45 Billion CNY

Market Cap Rank

#10119 Global

#2737 in China

Share Price

CN¥25.81

Change (1 day)

-2.79%

52-Week Range

CN¥20.80 - CN¥35.18

All Time High

CN¥36.59