Meter Instruments Co. Ltd (301006) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Meter Instruments Co. Ltd (301006) has a cash flow conversion efficiency ratio of 0.029x 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¥36.53 Million ≈ $5.34 Million USD) by net assets (CN¥1.28 Billion ≈ $186.88 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 301006 net asset quality score to measure how much of total assets are equity-financed.
Meter Instruments Co. Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Meter Instruments Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Meter Instruments Co. Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Meter Instruments Co. Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Meter Instruments Co. Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sam Yung Tradi
KO:002810
|
0.002x |
|
SuRo Capital Corp
NASDAQ:SSSS
|
0.000x |
|
Fine Semitech Corp
KQ:036810
|
-0.021x |
|
Hangzhou IECHO Science & Technology Co. Ltd. A
SHG:688092
|
0.059x |
|
Abrdn Emerging Markets Equity Income Fund Inc
NYSE MKT:AEF
|
-0.001x |
|
Canada Nickel Company Inc
V:CNC
|
-0.014x |
|
Shenzhen Sine Electric Co. Ltd. A
SHG:688395
|
0.031x |
|
Putnam Managed Municipal Income Closed Fund
NYSE:PMM
|
0.036x |
Annual Cash Flow Conversion Efficiency for Meter Instruments Co. Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Meter Instruments Co. Ltd from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see Meter Instruments Co. Ltd (301006) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.25 Billion ≈ $182.55 Million |
CN¥20.80 Million ≈ $3.04 Million |
0.017x | -70.07% |
| 2023-12-31 | CN¥1.23 Billion ≈ $179.64 Million |
CN¥68.40 Million ≈ $10.01 Million |
0.056x | +68.11% |
| 2022-12-31 | CN¥1.16 Billion ≈ $170.04 Million |
CN¥38.51 Million ≈ $5.64 Million |
0.033x | -63.57% |
| 2021-12-31 | CN¥1.08 Billion ≈ $157.90 Million |
CN¥98.18 Million ≈ $14.37 Million |
0.091x | -59.22% |
| 2020-12-31 | CN¥556.30 Million ≈ $81.40 Million |
CN¥124.13 Million ≈ $18.16 Million |
0.223x | +13.82% |
| 2019-12-31 | CN¥408.99 Million ≈ $59.85 Million |
CN¥80.18 Million ≈ $11.73 Million |
0.196x | -0.12% |
| 2018-12-31 | CN¥309.82 Million ≈ $45.34 Million |
CN¥60.81 Million ≈ $8.90 Million |
0.196x | +4.85% |
| 2017-12-31 | CN¥223.44 Million ≈ $32.70 Million |
CN¥41.82 Million ≈ $6.12 Million |
0.187x | -14.36% |
| 2016-12-31 | CN¥120.77 Million ≈ $17.67 Million |
CN¥26.40 Million ≈ $3.86 Million |
0.219x | -- |
About Meter Instruments Co. Ltd
Meter Instruments Co., Ltd. engages in the research, development, production, and sale of intelligent ultrasonic water meters and heat meters in China and internationally. It offers ultrasonic water meters, ultrasonic heat meters, flow balance valves, data concentrators, intelligent control valves, smart flow meters, fire hydrant products, and related accessories. The company also provides consta… Read more