Henan Mingtai Al.Industrial Co Ltd (601677) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Henan Mingtai Al.Industrial Co Ltd (601677) has a cash flow conversion efficiency ratio of -0.013x 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¥-247.86 Million ≈ $-36.27 Million USD) by net assets (CN¥18.98 Billion ≈ $2.78 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Henan Mingtai Al.Industrial Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Henan Mingtai Al.Industrial Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Henan Mingtai Al.Industrial Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
Henan Mingtai Al.Industrial Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Henan Mingtai Al.Industrial Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Axtel S.A.B. de C.V
MX:AXTELCPO
|
0.469x |
|
Hayward Holdings Inc
NYSE:HAYW
|
0.062x |
|
Avient Corp
NYSE:AVNT
|
0.070x |
|
Jiangxi Lianchuang Opto-electronic Science & Technology Co Ltd
SHG:600363
|
0.012x |
|
Seabridge Gold Inc.
TO:SEA
|
-0.002x |
|
TIZA Information Industry Corporation Inc
SHE:300209
|
-0.014x |
|
TVS Holdings Limited
NSE:TVSHLTD
|
-0.376x |
|
Yongan Futures Co.Ltd.
SHG:600927
|
-0.027x |
Annual Cash Flow Conversion Efficiency for Henan Mingtai Al.Industrial Co Ltd (2008–2024)
The table below shows the annual cash flow conversion efficiency of Henan Mingtai Al.Industrial Co Ltd from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Henan Mingtai Al.Industrial Co Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥17.60 Billion ≈ $2.58 Billion |
CN¥662.69 Million ≈ $96.97 Million |
0.038x | -9.82% |
| 2023-12-31 | CN¥15.94 Billion ≈ $2.33 Billion |
CN¥665.81 Million ≈ $97.43 Million |
0.042x | +161.62% |
| 2022-12-31 | CN¥12.64 Billion ≈ $1.85 Billion |
CN¥-856.43 Million ≈ $-125.32 Million |
-0.068x | -136.29% |
| 2021-12-31 | CN¥11.07 Billion ≈ $1.62 Billion |
CN¥2.07 Billion ≈ $302.43 Million |
0.187x | +92.37% |
| 2020-12-31 | CN¥9.02 Billion ≈ $1.32 Billion |
CN¥875.29 Million ≈ $128.08 Million |
0.097x | +538.32% |
| 2019-12-31 | CN¥7.27 Billion ≈ $1.06 Billion |
CN¥-160.91 Million ≈ $-23.55 Million |
-0.022x | -545.47% |
| 2018-12-31 | CN¥6.09 Billion ≈ $891.60 Million |
CN¥30.29 Million ≈ $4.43 Million |
0.005x | +109.77% |
| 2017-12-31 | CN¥5.52 Billion ≈ $807.62 Million |
CN¥-280.69 Million ≈ $-41.07 Million |
-0.051x | -397.30% |
| 2016-12-31 | CN¥4.07 Billion ≈ $596.21 Million |
CN¥69.70 Million ≈ $10.20 Million |
0.017x | +159.42% |
| 2015-12-31 | CN¥3.79 Billion ≈ $554.51 Million |
CN¥-109.09 Million ≈ $-15.96 Million |
-0.029x | -110.40% |
| 2014-12-31 | CN¥2.94 Billion ≈ $429.59 Million |
CN¥812.82 Million ≈ $118.94 Million |
0.277x | +616.93% |
| 2013-12-31 | CN¥2.68 Billion ≈ $392.58 Million |
CN¥-143.69 Million ≈ $-21.03 Million |
-0.054x | -543.21% |
| 2012-12-31 | CN¥2.66 Billion ≈ $388.64 Million |
CN¥32.10 Million ≈ $4.70 Million |
0.012x | -87.50% |
| 2011-12-31 | CN¥2.58 Billion ≈ $377.78 Million |
CN¥249.67 Million ≈ $36.53 Million |
0.097x | +126.73% |
| 2010-12-31 | CN¥1.23 Billion ≈ $180.71 Million |
CN¥52.67 Million ≈ $7.71 Million |
0.043x | +41.76% |
| 2009-12-31 | CN¥1.00 Billion ≈ $146.65 Million |
CN¥30.15 Million ≈ $4.41 Million |
0.030x | -93.29% |
| 2008-12-31 | CN¥720.24 Million ≈ $105.39 Million |
CN¥323.14 Million ≈ $47.29 Million |
0.449x | -- |
About Henan Mingtai Al.Industrial Co Ltd
Henan Mingtai Al.Industrial Co.,Ltd. produces and sells aluminum products in China. The company offers aluminum sheets, coils, bar, tube, and foils; special aluminum; and aluminum components. It serves transportation, automotive, packaging, building construction, and other sectors. The company exports its products. Henan Mingtai Al.Industrial Co.,Ltd. was founded in 1997 and is based in Zhengzhou… Read more