Ming Yang Smart Energy Group Ltd (601615) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-197.55 Million USD) by net assets (CN¥27.42 Billion ≈ $4.01 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Ming Yang Smart Energy Group Ltd (601615) balance sheet quality index to measure how much of total assets are equity-financed.

Ming Yang Smart Energy Group Ltd - Cash Flow Conversion Efficiency Trend (2008–2025)

This chart illustrates how Ming Yang Smart Energy Group Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 601615 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

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
LivaNova PLC NASDAQ:LIVN	0.013x
flatexDEGIRO AG XETRA:FTK	1.644x
Catalyst Pharmaceuticals Inc NASDAQ:CPRX	0.059x
Nanning Chemical Industry Co Ltd SHG:600301	0.065x
Avic Aviation High Technology Co Ltd SHG:600862	0.016x
Shenzhen Chengxin Lithium Group Co Ltd SHE:002240	-0.001x
IONOS GROUP N XETRA:IOS	0.288x
Blue Star Limited NSE:BLUESTARCO	-0.211x

Annual Cash Flow Conversion Efficiency for Ming Yang Smart Energy Group Ltd (2008–2025)

The table below shows the annual cash flow conversion efficiency of Ming Yang Smart Energy Group Ltd from 2008 to 2025. For the full company profile with market capitalisation and key ratios, see 601615 stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥27.40 Billion ≈ $4.01 Billion	CN¥-5.54 Billion ≈ $-810.39 Million	-0.202x	-129.31%
2024-12-31	CN¥27.26 Billion ≈ $3.99 Billion	CN¥-2.40 Billion ≈ $-351.66 Million	-0.088x	+3.22%
2023-12-31	CN¥28.45 Billion ≈ $4.16 Billion	CN¥-2.59 Billion ≈ $-379.23 Million	-0.091x	-224.59%
2022-12-31	CN¥28.37 Billion ≈ $4.15 Billion	CN¥-795.90 Million ≈ $-116.46 Million	-0.028x	-109.61%
2021-12-31	CN¥18.49 Billion ≈ $2.71 Billion	CN¥5.40 Billion ≈ $789.83 Million	0.292x	+21.25%
2020-12-31	CN¥15.08 Billion ≈ $2.21 Billion	CN¥3.63 Billion ≈ $531.29 Million	0.241x	-70.34%
2019-12-31	CN¥7.09 Billion ≈ $1.04 Billion	CN¥5.76 Billion ≈ $842.18 Million	0.812x	+1335.59%
2018-12-31	CN¥4.89 Billion ≈ $715.30 Million	CN¥276.32 Million ≈ $40.43 Million	0.057x	-81.38%
2017-12-31	CN¥4.26 Billion ≈ $622.94 Million	CN¥1.29 Billion ≈ $189.15 Million	0.304x	+1129.81%
2016-12-31	CN¥3.70 Billion ≈ $541.70 Million	CN¥91.40 Million ≈ $13.37 Million	0.025x	-28.49%
2015-12-31	CN¥3.26 Billion ≈ $477.32 Million	CN¥112.62 Million ≈ $16.48 Million	0.035x	-92.27%
2014-12-31	CN¥2.88 Billion ≈ $421.10 Million	CN¥1.28 Billion ≈ $187.96 Million	0.446x	+1155.40%
2013-12-31	CN¥3.02 Billion ≈ $441.41 Million	CN¥-127.58 Million ≈ $-18.67 Million	-0.042x	+71.65%
2012-12-31	CN¥2.98 Billion ≈ $435.98 Million	CN¥-444.45 Million ≈ $-65.04 Million	-0.149x	+31.48%
2011-12-31	CN¥3.13 Billion ≈ $458.36 Million	CN¥-681.90 Million ≈ $-99.78 Million	-0.218x	+19.60%
2010-12-31	CN¥2.86 Billion ≈ $419.12 Million	CN¥-775.55 Million ≈ $-113.49 Million	-0.271x	-184.41%
2009-12-31	CN¥1.16 Billion ≈ $169.12 Million	CN¥370.74 Million ≈ $54.25 Million	0.321x	+158.49%
2008-12-31	CN¥340.51 Million ≈ $49.83 Million	CN¥-186.76 Million ≈ $-27.33 Million	-0.548x	--

About Ming Yang Smart Energy Group Ltd

SHG:601615 China Specialty Industrial Machinery

Market Cap

$3.85 Billion

CN¥26.30 Billion CNY

Market Cap Rank

#4162 Global

#617 in China

Share Price

CN¥11.63

Change (1 day)

+4.30%

52-Week Range

CN¥10.07 - CN¥25.85

All Time High

CN¥34.61