Ming Yang Smart Energy Group Ltd Cash Flow Conversion Efficiency

Latest as of September 2025: -0.049x

Ming Yang Smart Energy Group Ltd cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Ming Yang Smart Energy Group Ltd from 2008 to 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. View current stock price of Ming Yang Smart Energy Group Ltd for real-time trading data and today's change.

Ming Yang Smart Energy Group Ltd Cash Flow Conversion Ratio Explained

Ming Yang Smart Energy Group Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see market cap of Ming Yang Smart Energy Group Ltd for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Shikun & Binui TA:SKBN	-0.001x
Lerøy Seafood Group ASA OL:LSG	0.188x
Fervo Energy Company Class A common stock NASDAQ:FRVO	-0.010x
Xiamen Amoytop Biotech Co Ltd SHG:688278	0.121x
Mainova AG F:MNV6	-0.007x
TP ICAP GROUP PLC LS -25 F:8D7	N/A
IGO Ltd AU:IGO	0.014x
NuVista Energy Ltd. TO:NVA	0.040x

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. Review 601615 cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

$2.67 Billion

CN¥18.25 Billion CNY

Market Cap Rank

#5065 Global

#801 in China

Share Price

CN¥8.07

Change (1 day)

+3.33%

52-Week Range

CN¥7.81 - CN¥25.85

All Time High

CN¥34.61