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. Also see how much is Zhejiang Meili High Technology Co Ltd worth for the company's overall valuation and market capitalisation.

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. Explore cash flow quality index of Zhejiang Meili High Technology Co Ltd to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
JC Finance & Tax Interconnect Holdings Ltd SHE:002530	0.030x
Akso Health Group ADR NASDAQ:AHG	0.015x
Wetown Electric Group Co Ltd SHG:688226	0.010x
RHI MAGNESITA INDIA LIMITED NSE:RHIM	0.017x
Santacruz Silver Mining Ltd. V:SCZ	0.072x
SKF India Limited NSE:SKFINDIA	0.240x
WCON Electronics (Guangdong) Co. Ltd. A SHE:301328	N/A
MASTERBRAND INC. DL-001 F:D55	0.065x

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. View 300611 live share price for real-time trading data and today's change.

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

$806.76 Million

CN¥5.51 Billion CNY

Market Cap Rank

#9862 Global

#2541 in China

Share Price

CN¥26.12

Change (1 day)

-1.80%

52-Week Range

CN¥22.25 - CN¥35.18

All Time High

CN¥36.59