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. Also see Ming Yang Smart Energy Group Ltd (601615) total market value for the company's overall valuation and market capitalisation.

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. Explore Ming Yang Smart Energy Group Ltd cash earnings quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Atkore International Group Inc NYSE:ATKR	-0.049x
Tongcheng Travel Holdings Ltd F:TEM	0.017x
Juneyao Airlines SHG:603885	0.270x
Alleima AB (publ) ST:ALLEI	0.044x
Yantai North Andre Juice Co Ltd SHG:605198	0.019x
Fuchs Petrolub SE Preference Shares XETRA:FPE3	0.034x
Fermi Inc. NASDAQ:FRMI	-0.007x
BBB Foods Inc. NYSE:TBBB	0.266x

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. View 601615 stock price and chart for real-time trading data and today's change.

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

$3.16 Billion

CN¥21.62 Billion CNY

Market Cap Rank

#4766 Global

#776 in China

Share Price

CN¥9.56

Change (1 day)

-0.42%

52-Week Range

CN¥9.18 - CN¥25.85

All Time High

CN¥34.61