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 how many days can Ming Yang Smart Energy Group Ltd fund operations to measure how many days the company can operate on defensive assets alone.

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.

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
Dun & Bradstreet Holdings Inc. NYSE:DNB	0.023x
Luster LightTech Co. Ltd. Cl A SHG:688400	N/A
PBF Energy Inc NYSE:PBF	0.005x
Shanghai Daimay Auto Interior SHG:603730	0.049x
Liberty Oilfield Services Inc NYSE:LBRT	0.094x
Flughafen Wien Aktiengesellschaft VI:FLU	0.039x
Granite Real Estate Investment Trust TO:GRT-UN	0.017x
Griffon Corporation NYSE:GFF	0.235x

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 Ming Yang Smart Energy Group Ltd (601615) total market value.

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

$4.08 Billion

CN¥27.88 Billion CNY

Market Cap Rank

#4138 Global

#676 in China

Share Price

CN¥12.33

Change (1 day)

-2.61%

52-Week Range

CN¥10.67 - CN¥25.85

All Time High

CN¥34.61