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 603321 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Ratos AB (publ)
ST:RATO-A
|
0.001x |
|
Timberland Bancorp Inc
NASDAQ:TSBK
|
0.023x |
|
Ive Group Ltd
AU:IGL
|
0.158x |
|
Fortune Ng Fung Food Hebei Co Ltd
SHG:600965
|
0.016x |
|
Glarner Kantonalbank
SW:GLKBN
|
0.008x |
|
Best Pacific International Holdings Limited
F:NWQ
|
0.050x |
|
Prudential plc
LSE:PRU
|
0.073x |
|
Oneconnect Financial Technology Co
NYSE:OCFT
|
-0.008x |
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