Shenzhen MinDe Electronics Technology Ltd (300656) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shenzhen MinDe Electronics Technology Ltd (300656) has a cash flow conversion efficiency ratio of 0.020x 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¥21.52 Million ≈ $3.15 Million USD) by net assets (CN¥1.09 Billion ≈ $159.46 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 Shenzhen MinDe Electronics Technology Lt fund operations to measure how many days the company can operate on defensive assets alone.
Shenzhen MinDe Electronics Technology Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Shenzhen MinDe Electronics Technology Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Shenzhen MinDe Electronics Technology Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen MinDe Electronics Technology Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dogus Otomotiv Servis ve Ticaret AS
IS:DOAS
|
-0.041x |
|
Dongwon Ind
KO:006040
|
0.044x |
|
Actblue Co Ltd
SHE:300816
|
0.054x |
|
Changzhou Tenglong Auto Parts
SHG:603158
|
0.028x |
|
Mega Lifesciences Public Company Limited
BK:MEGA
|
0.046x |
|
Cosmoam&T
KO:005070
|
0.043x |
|
Keeson Technology Corp Ltd
SHG:603610
|
0.060x |
|
Dometic Group AB (publ)
ST:DOM
|
-0.002x |
Annual Cash Flow Conversion Efficiency for Shenzhen MinDe Electronics Technology Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Shenzhen MinDe Electronics Technology Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see Shenzhen MinDe Electronics Technology Lt stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.03 Billion ≈ $151.21 Million |
CN¥111.31 Million ≈ $16.29 Million |
0.108x | +30.27% |
| 2023-12-31 | CN¥1.18 Billion ≈ $172.82 Million |
CN¥97.66 Million ≈ $14.29 Million |
0.083x | +21.76% |
| 2022-12-31 | CN¥1.16 Billion ≈ $169.58 Million |
CN¥78.70 Million ≈ $11.52 Million |
0.068x | -19.21% |
| 2021-12-31 | CN¥567.86 Million ≈ $83.10 Million |
CN¥47.73 Million ≈ $6.98 Million |
0.084x | +134.47% |
| 2020-12-31 | CN¥546.87 Million ≈ $80.02 Million |
CN¥19.61 Million ≈ $2.87 Million |
0.036x | -64.59% |
| 2019-12-31 | CN¥507.23 Million ≈ $74.22 Million |
CN¥51.35 Million ≈ $7.51 Million |
0.101x | +484.05% |
| 2018-12-31 | CN¥466.17 Million ≈ $68.21 Million |
CN¥-12.29 Million ≈ $-1.80 Million |
-0.026x | -286.42% |
| 2017-12-31 | CN¥426.38 Million ≈ $62.39 Million |
CN¥6.03 Million ≈ $882.25K |
0.014x | -94.16% |
| 2016-12-31 | CN¥166.44 Million ≈ $24.36 Million |
CN¥40.31 Million ≈ $5.90 Million |
0.242x | -29.31% |
| 2015-12-31 | CN¥120.12 Million ≈ $17.58 Million |
CN¥41.15 Million ≈ $6.02 Million |
0.343x | -60.46% |
| 2014-12-31 | CN¥44.30 Million ≈ $6.48 Million |
CN¥38.39 Million ≈ $5.62 Million |
0.867x | +135.79% |
| 2013-12-31 | CN¥51.01 Million ≈ $7.46 Million |
CN¥18.75 Million ≈ $2.74 Million |
0.368x | -- |
About Shenzhen MinDe Electronics Technology Ltd
Shenzhen MinDe Electronics Technology Ltd. engages in design and distribution of barcode recognition, and semiconductor products in China and internationally. It offers smart readers, including Handheld and embedded barcode scanners, imaging platforms, and barcode scanning engines. It also invests investing in Al image processing technology. The company also provides data collectors. Its products… Read more