Suzhou Mingzhi Technology Co. Ltd. A
Suzhou Mingzhi Technology Co., Ltd. engages in the research and development, manufacture, and sales of casting equipment in the People's Republic of China. It provides core shop products, including core shooters; gassing units; sand preparation systems; tooling products, such as permanent molds, semi permanents molds, fixtures, and core boxes; and in line, core centers, and inorganic process core… Read more
Suzhou Mingzhi Technology Co. Ltd. A (688355) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.130x
Based on the latest financial reports, Suzhou Mingzhi Technology Co. Ltd. A (688355) has a cash flow conversion efficiency ratio of 0.130x 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¥138.65 Million) by net assets (CN¥1.07 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Suzhou Mingzhi Technology Co. Ltd. A - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Suzhou Mingzhi Technology Co. Ltd. A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Suzhou Mingzhi Technology Co. Ltd. A Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Suzhou Mingzhi Technology Co. Ltd. A ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
POLIGHT ASA NK -04
F:3OL0
|
N/A |
|
Nafoods Group JSC
VN:NAF
|
N/A |
|
Ngx Energy International Corp
OTCQX:GASXF
|
0.311x |
|
ANHUI HONGYU WUZHOU Medical Manufacturer Co.LTD.
SHE:301234
|
0.060x |
|
Hanjin Transportation Co. Ltd.
KO:002320
|
0.031x |
|
Flügger group A/S
CO:FLUG-B
|
0.002x |
|
SciVision Biotech Inc
TW:1786
|
0.008x |
|
InBankshares Corp
OTCQX:INBC
|
N/A |
Annual Cash Flow Conversion Efficiency for Suzhou Mingzhi Technology Co. Ltd. A (2017–2024)
The table below shows the annual cash flow conversion efficiency of Suzhou Mingzhi Technology Co. Ltd. A from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.08 Billion | CN¥104.53 Million | 0.096x | -40.02% |
| 2023-12-31 | CN¥1.06 Billion | CN¥170.14 Million | 0.161x | +8694.56% |
| 2022-12-31 | CN¥1.07 Billion | CN¥-2.00 Million | -0.002x | -101.40% |
| 2021-12-31 | CN¥1.07 Billion | CN¥142.94 Million | 0.133x | -58.12% |
| 2020-12-31 | CN¥454.07 Million | CN¥144.31 Million | 0.318x | +62.14% |
| 2019-12-31 | CN¥335.35 Million | CN¥65.73 Million | 0.196x | -23.72% |
| 2018-12-31 | CN¥275.48 Million | CN¥70.79 Million | 0.257x | +79.62% |
| 2017-12-31 | CN¥261.65 Million | CN¥37.43 Million | 0.143x | -- |