Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.009x

Based on the latest financial reports, Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) has a cash flow conversion efficiency ratio of -0.009x 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¥-13.85 Million ≈ $-2.03 Million USD) by net assets (CN¥1.58 Billion ≈ $231.20 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 Merit Interactive Network Technology Co Ltd Class A - Cash Flow Conversion Efficiency Trend (2014–2024)

This chart illustrates how Zhejiang Merit Interactive Network Technology Co Ltd Class A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Zhejiang Merit Interactive Network Techn (300766) total liabilities for a breakdown of total debt and financial obligations.

Zhejiang Merit Interactive Network Technology Co Ltd Class A Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Merit Interactive Network Technology Co Ltd Class A ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
City Holding Company NASDAQ:CHCO	0.042x
Stolt-Nielsen Limited OL:SNI	0.060x
Cyrela Brazil Realty S.A. Empreendimentos e Participações SA:CYRE3	0.029x
Shenzhen Clou Electronics Co Ltd SHE:002121	0.146x
Emlak Konut Gayrimenkul Yatirim Ortakligi AS IS:EKGYO	-0.270x
Porton Fine Chemicals Ltd SHE:300363	0.023x
Shenzhen Gongjin Electn SHG:603118	-0.028x
BillerudKorsnas AB ST:BILL	0.015x

Annual Cash Flow Conversion Efficiency for Zhejiang Merit Interactive Network Technology Co Ltd Class A (2014–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Merit Interactive Network Technology Co Ltd Class A from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Zhejiang Merit Interactive Network Techn.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.58 Billion ≈ $231.21 Million	CN¥18.85 Million ≈ $2.76 Million	0.012x	+64.84%
2023-12-31	CN¥1.67 Billion ≈ $244.56 Million	CN¥12.10 Million ≈ $1.77 Million	0.007x	-81.62%
2022-12-31	CN¥1.74 Billion ≈ $253.98 Million	CN¥68.34 Million ≈ $10.00 Million	0.039x	-72.65%
2021-12-31	CN¥1.74 Billion ≈ $253.99 Million	CN¥249.87 Million ≈ $36.56 Million	0.144x	+448.92%
2020-12-31	CN¥1.71 Billion ≈ $250.67 Million	CN¥44.93 Million ≈ $6.57 Million	0.026x	+507.71%
2019-12-31	CN¥1.68 Billion ≈ $246.28 Million	CN¥-10.83 Million ≈ $-1.58 Million	-0.006x	-103.33%
2018-12-31	CN¥1.13 Billion ≈ $165.88 Million	CN¥219.06 Million ≈ $32.05 Million	0.193x	+39.82%
2017-12-31	CN¥881.08 Million ≈ $128.93 Million	CN¥121.77 Million ≈ $17.82 Million	0.138x	+91.00%
2016-12-31	CN¥734.72 Million ≈ $107.51 Million	CN¥53.16 Million ≈ $7.78 Million	0.072x	+362.67%
2015-12-31	CN¥493.86 Million ≈ $72.27 Million	CN¥-13.60 Million ≈ $-1.99 Million	-0.028x	+69.71%
2014-12-31	CN¥25.84 Million ≈ $3.78 Million	CN¥-2.35 Million ≈ $-343.80K	-0.091x	--

About Zhejiang Merit Interactive Network Technology Co Ltd Class A

SHE:300766 China Telecom Services

Market Cap

$1.69 Billion

CN¥11.53 Billion CNY

Market Cap Rank

#6895 Global

#1594 in China

Share Price

CN¥29.22

Change (1 day)

-1.75%

52-Week Range

CN¥29.22 - CN¥50.35

All Time High

CN¥70.11