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. See Zhejiang Meilun Elevator Co Ltd (603321) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check 603321 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Fennec Pharmaceuticals Inc
NASDAQ:FENC
|
0.063x |
|
Pekat Group Bhd
KLSE:0233
|
0.033x |
|
Omega Flex Inc
NASDAQ:OFLX
|
0.007x |
|
Medios AG
XETRA:ILM1
|
0.021x |
|
Broedrene A&O Johansen A/S Series B
CO:AOJ-B
|
-0.019x |
|
NEXCOM International Co Ltd
TWO:8234
|
0.017x |
|
JinGuan Electric Co Ltd
SHG:688517
|
0.019x |
|
Corem Property Group AB (publ)
ST:CORE-PREF
|
0.001x |
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 Zhejiang Meilun Elevator Co Ltd market capitalisation.
| 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