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.

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. Read 601615 liabilities breakdown for a breakdown of total debt and financial obligations.

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
Gecina SA PA:GFC	0.034x
GalaxyCore Inc SHG:688728	0.020x
China Great Wall Securities Co Ltd Class A SHE:002939	0.040x
Legence Corp. Class A Common stock NASDAQ:LGN	0.120x
Immunovant Inc NASDAQ:IMVT	-0.094x
MSC Industrial Direct Company Inc NYSE:MSM	0.021x
Beijing Oriental Yuhong Waterproof Technology Co Ltd SHE:002271	0.040x
EFG International AG SW:EFGN	-0.580x

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. 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
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

$5.24 Billion

CN¥35.82 Billion CNY

Market Cap Rank

#3468 Global

#528 in China

Share Price

CN¥15.84

Change (1 day)

+4.14%

52-Week Range

CN¥9.92 - CN¥25.85

All Time High

CN¥34.61