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. Also see 603321 market cap overview for the company's overall valuation and market capitalisation.
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. Explore 603321 cash flow quality score to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SVI Public Company Limited
BK:SVI
|
0.060x |
|
Castro
TA:CAST
|
0.135x |
|
Guangdong Songyang Recycle Resources Co Ltd
SHG:603863
|
-0.018x |
|
Hunan Xiangjia Animal Husbandry Co
SHE:002982
|
0.026x |
|
China Lilang Limited
F:5LX
|
0.069x |
|
AnHui Annada Titanium Industry Co Ltd
SHE:002136
|
0.022x |
|
Lingsen Precision Industries Ltd
TW:2369
|
-0.013x |
|
Zhejiang Baida Precision Mnfg
SHG:603331
|
0.085x |
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. View Zhejiang Meilun Elevator Co Ltd stock price for real-time trading data and today's change.
| 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