Suzhou Mingzhi Technology Co. Ltd. A Cash Flow Conversion Efficiency
Suzhou Mingzhi Technology Co. Ltd. A 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.
Cash Flow Conversion Efficiency of Suzhou Mingzhi Technology Co. Ltd. A (2017–2024)
Cash flow conversion efficiency of Suzhou Mingzhi Technology Co. Ltd. A from 2017 to 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. View Suzhou Mingzhi Technology Co. Ltd. A stock quote for real-time trading data and today's change.
Suzhou Mingzhi Technology Co. Ltd. A Cash Flow Conversion Ratio Explained
Suzhou Mingzhi Technology Co. Ltd. A cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see 688355 market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Vátryggingafélag Íslands hf
IC:SKAGI
|
0.083x |
|
Humble Group AB
ST:HUMBLE
|
0.037x |
|
Sight Sciences Inc
NASDAQ:SGHT
|
-0.136x |
|
FLAIR
NSE:FLAIR
|
0.047x |
|
Firm Capital Mortgage Invest Corp
TO:FC
|
0.023x |
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
-0.031x |
|
Shanghai Hile Bio-tech
SHG:603718
|
-0.001x |
|
EVS Broadcast Equipment SA
BR:EVS
|
0.057x |
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. Review 688355 free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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