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. See Suzhou Mingzhi Technology Co. Ltd. A balance sheet independence to measure how much of total assets are equity-financed.
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. Check earnings quality score of Suzhou Mingzhi Technology Co. Ltd. A to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Tongxing Environmental Protection
SHE:003027
|
0.056x |
|
Roman DBDR Acquisition Corp. II Unit
NASDAQ:DRDBU
|
-0.001x |
|
Planigrupo LATAM S.A.B. de C.V
MX:PLANI
|
0.043x |
|
Shunya International Brand Consulting Beijing Co Ltd Class A
SHE:300612
|
0.136x |
|
Alliance Entertainment Holding Corporation Class A Common Stock
NASDAQ:AENT
|
0.176x |
|
Viridis Mining and Minerals Ltd
AU:VMM
|
-0.015x |
|
Sidetrade
PA:ALBFR
|
0.086x |
|
Boryszew SA
WAR:BRS
|
-0.056x |
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. For the full company profile with market capitalisation and key ratios, see Suzhou Mingzhi Technology Co. Ltd. A stock valuation.
| 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