Zhongmin Energy Co Ltd (600163) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhongmin Energy Co Ltd (600163) has a cash flow conversion efficiency ratio of 0.015x as of June 2023. 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¥89.11 Million ≈ $13.04 Million USD) by net assets (CN¥6.06 Billion ≈ $887.15 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 Zhongmin Energy Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
Zhongmin Energy Co Ltd - Cash Flow Conversion Efficiency Trend (2000–2024)
This chart illustrates how Zhongmin Energy Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Zhongmin Energy Co Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Zhongmin Energy Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhongmin Energy Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Stanley Fertilizer Co Ltd
SHE:002588
|
0.125x |
|
Pearl Abyss Corp
KQ:263750
|
0.017x |
|
Kosmos Energy Ltd
NYSE:KOS
|
0.207x |
|
Greenbrier Companies Inc
NYSE:GBX
|
0.092x |
|
Paramount Group Inc
NYSE:PGRE
|
0.001x |
|
Supreme Electronics Co Ltd
TW:8112
|
-0.817x |
|
Doosan Fuel Cell Co Ltd
KO:336260
|
-0.043x |
|
Jiangxi Lianchuang Opto-electronic Science & Technology Co Ltd
SHG:600363
|
0.012x |
Annual Cash Flow Conversion Efficiency for Zhongmin Energy Co Ltd (2000–2024)
The table below shows the annual cash flow conversion efficiency of Zhongmin Energy Co Ltd from 2000 to 2024. For the full company profile with market capitalisation and key ratios, see Zhongmin Energy Co Ltd (600163) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥6.93 Billion ≈ $1.01 Billion |
CN¥798.18 Million ≈ $116.80 Million |
0.115x | -28.10% |
| 2023-12-31 | CN¥6.43 Billion ≈ $940.86 Million |
CN¥1.03 Billion ≈ $150.63 Million |
0.160x | -25.55% |
| 2022-12-31 | CN¥5.93 Billion ≈ $868.08 Million |
CN¥1.28 Billion ≈ $186.68 Million |
0.215x | +38.68% |
| 2021-12-31 | CN¥5.17 Billion ≈ $756.46 Million |
CN¥801.61 Million ≈ $117.30 Million |
0.155x | -25.43% |
| 2020-12-31 | CN¥3.76 Billion ≈ $550.83 Million |
CN¥782.72 Million ≈ $114.54 Million |
0.208x | -37.61% |
| 2019-12-31 | CN¥2.10 Billion ≈ $307.95 Million |
CN¥701.35 Million ≈ $102.63 Million |
0.333x | +92.08% |
| 2018-12-31 | CN¥1.95 Billion ≈ $285.78 Million |
CN¥338.83 Million ≈ $49.58 Million |
0.173x | +2.60% |
| 2017-12-31 | CN¥1.82 Billion ≈ $265.60 Million |
CN¥306.94 Million ≈ $44.91 Million |
0.169x | +5.43% |
| 2016-12-31 | CN¥1.65 Billion ≈ $241.48 Million |
CN¥264.69 Million ≈ $38.73 Million |
0.160x | -24.63% |
| 2015-12-31 | CN¥1.55 Billion ≈ $226.13 Million |
CN¥328.87 Million ≈ $48.12 Million |
0.213x | -8.70% |
| 2012-12-31 | CN¥1.44 Billion ≈ $210.27 Million |
CN¥334.95 Million ≈ $49.01 Million |
0.233x | +282.53% |
| 2011-12-31 | CN¥1.50 Billion ≈ $219.86 Million |
CN¥91.56 Million ≈ $13.40 Million |
0.061x | +123.54% |
| 2010-12-31 | CN¥1.83 Billion ≈ $267.24 Million |
CN¥49.78 Million ≈ $7.29 Million |
0.027x | +238.66% |
| 2008-12-31 | CN¥2.21 Billion ≈ $323.37 Million |
CN¥17.79 Million ≈ $2.60 Million |
0.008x | -83.25% |
| 2007-12-31 | CN¥1.56 Billion ≈ $227.97 Million |
CN¥74.89 Million ≈ $10.96 Million |
0.048x | -83.98% |
| 2006-12-31 | CN¥1.18 Billion ≈ $173.40 Million |
CN¥355.48 Million ≈ $52.02 Million |
0.300x | +240.52% |
| 2005-12-31 | CN¥1.18 Billion ≈ $172.89 Million |
CN¥104.09 Million ≈ $15.23 Million |
0.088x | -77.26% |
| 2004-12-31 | CN¥1.15 Billion ≈ $168.26 Million |
CN¥445.43 Million ≈ $65.18 Million |
0.387x | +550.57% |
| 2003-12-31 | CN¥1.14 Billion ≈ $166.69 Million |
CN¥67.83 Million ≈ $9.93 Million |
0.060x | -75.48% |
| 2002-12-31 | CN¥1.12 Billion ≈ $164.02 Million |
CN¥272.15 Million ≈ $39.82 Million |
0.243x | -4.45% |
| 2001-12-31 | CN¥1.13 Billion ≈ $165.54 Million |
CN¥287.48 Million ≈ $42.07 Million |
0.254x | +111.47% |
| 2000-12-31 | CN¥1.09 Billion ≈ $159.72 Million |
CN¥131.16 Million ≈ $19.19 Million |
0.120x | -- |
About Zhongmin Energy Co Ltd
Zhongmin Energy Co., Ltd. focuses on the development and construction of power generation projects in China. It generates electricity from wind, solar, and biomass energy. The company was formerly known as Nanzhi Co Ltd. and changed its name to Zhongmin Energy Co., Ltd. in December 2015. Zhongmin Energy Co., Ltd. was founded in 1998 and is based in Fuzhou, China. Zhongmin Energy Co., Ltd. operate… Read more