Suzhou Mingzhi Technology Co. Ltd. A (688355) - Cash Flow Conversion Efficiency
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 ≈ $20.29 Million USD) by net assets (CN¥1.07 Billion ≈ $155.89 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 how much is Suzhou Mingzhi Technology Co. Ltd. A worth for the company's overall valuation and market capitalisation.
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.
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. Explore 688355 cash to earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cerro de Pasco Resources Inc.
V:CDPR
|
N/A |
|
FutureCrest Acquisition Corp.
NYSE:FCRS
|
-0.001x |
|
Avalue Technology
TWO:3479
|
0.001x |
|
Blue Ridge Bankshares Inc
NYSE MKT:BRBS
|
0.054x |
|
RPSG VENTURES LIMITED
NSE:RPSGVENT
|
0.209x |
|
Nano Dimension Ltd
F:2N5B
|
-0.050x |
|
Multi Spunindo Jaya Tbk.
JK:MSJA
|
0.042x |
|
Joyvio Agriculture Development Co Ltd
SHE:300268
|
-0.016x |
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. View Suzhou Mingzhi Technology Co. Ltd. A 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¥1.08 Billion ≈ $158.76 Million |
CN¥104.53 Million ≈ $15.30 Million |
0.096x | -40.02% |
| 2023-12-31 | CN¥1.06 Billion ≈ $155.00 Million |
CN¥170.14 Million ≈ $24.90 Million |
0.161x | +8694.56% |
| 2022-12-31 | CN¥1.07 Billion ≈ $156.56 Million |
CN¥-2.00 Million ≈ $-292.60K |
-0.002x | -101.40% |
| 2021-12-31 | CN¥1.07 Billion ≈ $157.14 Million |
CN¥142.94 Million ≈ $20.92 Million |
0.133x | -58.12% |
| 2020-12-31 | CN¥454.07 Million ≈ $66.45 Million |
CN¥144.31 Million ≈ $21.12 Million |
0.318x | +62.14% |
| 2019-12-31 | CN¥335.35 Million ≈ $49.07 Million |
CN¥65.73 Million ≈ $9.62 Million |
0.196x | -23.72% |
| 2018-12-31 | CN¥275.48 Million ≈ $40.31 Million |
CN¥70.79 Million ≈ $10.36 Million |
0.257x | +79.62% |
| 2017-12-31 | CN¥261.65 Million ≈ $38.29 Million |
CN¥37.43 Million ≈ $5.48 Million |
0.143x | -- |
About 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