Ming Yang Smart Energy Group Ltd
Ming Yang Smart Energy Group Limited engages in the research and development, design, manufacture, sale, maintenance, and operation of energy equipment, wind turbines, and core components in China. It offers onshore and offshore wind turbines; manufactures fan blades; offshore wind power technology; sells platform; wind power equipment; wind power project investment; photovoltaic product; energy … Read more
Ming Yang Smart Energy Group Ltd (601615) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.049x
Based on the latest financial reports, Ming Yang Smart Energy Group Ltd (601615) has a cash flow conversion efficiency ratio of -0.049x 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¥-1.35 Billion) by net assets (CN¥27.42 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ming Yang Smart Energy Group Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Ming Yang Smart Energy Group Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ming Yang Smart Energy Group Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ming Yang Smart Energy Group Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Grupo Aval
NYSE:AVAL
|
0.042x |
|
Global Net Lease Inc. 7.50% Cum. Redeem. Pfd. Series D
NYSE:GNL-PD
|
0.033x |
|
Black Hills Corporation
NYSE:BKH
|
0.043x |
|
Innolux Corp
TW:3481
|
0.028x |
|
Persimmon Plc
PINK:PSMMY
|
-0.031x |
|
Getlink SE
OTCGREY:GRPTF
|
0.058x |
|
China Vanke Co Ltd Class A
SHE:000002
|
-0.005x |
|
Rigetti Computing Inc
NASDAQ:RGTI
|
-0.037x |
Annual Cash Flow Conversion Efficiency for Ming Yang Smart Energy Group Ltd (2008–2024)
The table below shows the annual cash flow conversion efficiency of Ming Yang Smart Energy Group Ltd from 2008 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥27.26 Billion | CN¥-2.40 Billion | -0.088x | +3.22% |
| 2023-12-31 | CN¥28.45 Billion | CN¥-2.59 Billion | -0.091x | -224.59% |
| 2022-12-31 | CN¥28.37 Billion | CN¥-795.90 Million | -0.028x | -109.61% |
| 2021-12-31 | CN¥18.49 Billion | CN¥5.40 Billion | 0.292x | +21.25% |
| 2020-12-31 | CN¥15.08 Billion | CN¥3.63 Billion | 0.241x | -70.34% |
| 2019-12-31 | CN¥7.09 Billion | CN¥5.76 Billion | 0.812x | +1335.59% |
| 2018-12-31 | CN¥4.89 Billion | CN¥276.32 Million | 0.057x | -81.38% |
| 2017-12-31 | CN¥4.26 Billion | CN¥1.29 Billion | 0.304x | +1129.81% |
| 2016-12-31 | CN¥3.70 Billion | CN¥91.40 Million | 0.025x | -28.49% |
| 2015-12-31 | CN¥3.26 Billion | CN¥112.62 Million | 0.035x | -92.27% |
| 2014-12-31 | CN¥2.88 Billion | CN¥1.28 Billion | 0.446x | +1155.40% |
| 2013-12-31 | CN¥3.02 Billion | CN¥-127.58 Million | -0.042x | +71.65% |
| 2012-12-31 | CN¥2.98 Billion | CN¥-444.45 Million | -0.149x | +31.48% |
| 2011-12-31 | CN¥3.13 Billion | CN¥-681.90 Million | -0.218x | +19.60% |
| 2010-12-31 | CN¥2.86 Billion | CN¥-775.55 Million | -0.271x | -184.41% |
| 2009-12-31 | CN¥1.16 Billion | CN¥370.74 Million | 0.321x | +158.49% |
| 2008-12-31 | CN¥340.51 Million | CN¥-186.76 Million | -0.548x | -- |