Zhejiang Meilun Elevator Co Ltd (603321) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Meilun Elevator Co Ltd (603321) has a cash flow conversion efficiency ratio of 0.006x 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¥9.40 Million ≈ $1.38 Million USD) by net assets (CN¥1.48 Billion ≈ $216.92 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang Meilun Elevator Co Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Zhejiang Meilun Elevator Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 603321 current and long-term liabilities for a breakdown of total debt and financial obligations.
Zhejiang Meilun Elevator Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Meilun Elevator Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MK Electron Co. Ltd
KQ:033160
|
-0.039x |
|
Schweiter Technologies AG
LSE:0QR1
|
0.037x |
|
Brasilagro Adr
NYSE:LND
|
-0.073x |
|
American Bitcoin Corp
NASDAQ:ABTC
|
-0.055x |
|
Orthopediatrics Corp
NASDAQ:KIDS
|
0.030x |
|
Shandong Teamgene Technology Co. Ltd. A
SHG:603151
|
N/A |
|
BTQ Technologies Corp.
NEO:BTQ
|
N/A |
|
Hemisphere Properties India Limited
NSE:HEMIPROP
|
0.000x |
Annual Cash Flow Conversion Efficiency for Zhejiang Meilun Elevator Co Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Meilun Elevator Co Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Zhejiang Meilun Elevator Co Ltd worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.26 Billion ≈ $184.33 Million |
CN¥134.31 Million ≈ $19.65 Million |
0.107x | -36.67% |
| 2023-12-31 | CN¥1.20 Billion ≈ $175.18 Million |
CN¥201.55 Million ≈ $29.49 Million |
0.168x | +1.97% |
| 2022-12-31 | CN¥1.14 Billion ≈ $167.31 Million |
CN¥188.78 Million ≈ $27.62 Million |
0.165x | +432.45% |
| 2021-12-31 | CN¥1.12 Billion ≈ $163.64 Million |
CN¥34.68 Million ≈ $5.07 Million |
0.031x | -55.95% |
| 2020-12-31 | CN¥1.10 Billion ≈ $161.03 Million |
CN¥77.47 Million ≈ $11.34 Million |
0.070x | -27.32% |
| 2019-12-31 | CN¥1.06 Billion ≈ $154.77 Million |
CN¥102.45 Million ≈ $14.99 Million |
0.097x | +54.99% |
| 2018-12-31 | CN¥1.03 Billion ≈ $150.11 Million |
CN¥64.11 Million ≈ $9.38 Million |
0.062x | -32.70% |
| 2017-12-31 | CN¥1.00 Billion ≈ $146.94 Million |
CN¥93.25 Million ≈ $13.65 Million |
0.093x | -6.10% |
| 2016-12-31 | CN¥502.41 Million ≈ $73.52 Million |
CN¥49.69 Million ≈ $7.27 Million |
0.099x | -66.54% |
| 2015-12-31 | CN¥418.22 Million ≈ $61.20 Million |
CN¥123.61 Million ≈ $18.09 Million |
0.296x | +27.97% |
| 2014-12-31 | CN¥333.54 Million ≈ $48.81 Million |
CN¥77.03 Million ≈ $11.27 Million |
0.231x | -48.88% |
| 2013-12-31 | CN¥241.65 Million ≈ $35.36 Million |
CN¥109.18 Million ≈ $15.98 Million |
0.452x | -- |
About Zhejiang Meilun Elevator Co Ltd
Zhejiang Meilun Elevator Co., Ltd. designs, manufactures, and sells elevators and escalators in China. It offers passenger, freight, old residential areas, household, medical, and sightseeing elevators, as well as escalators, moving walkways, stereo garages, and accessories. Its products are used for applications in shopping malls, supermarkets, stations, airports, overpasses and other public tra… Read more