Zhongmin Energy Co (SHSE:600163) Cash Conversion Cycle: 87.71 (As of Mar. 2026)

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SHSE:600163 Zhongmin Energy Co Ltd SHSE:600163
80 GF Score
Price ¥4.86
GF Value ¥5.19
Valuation Fairly Valued
! 5 Warning Signs
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What is Zhongmin Energy Co Cash Conversion Cycle?

Zhongmin Energy Co SHSE:600163 -0.82% 80 Cash Conversion Cycle is 87.71 as of Mar. 2026. GuruFocus rates SHSE:600163 with a GF Score™ of 80/100 and a GF Value™ of ¥5.19 (Fairly Valued). The stock has 5 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Zhongmin Energy Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 468.69.
Zhongmin Energy Co's Days Inventory for the three months ended in Mar. 2026 was 21.61.
Zhongmin Energy Co's Days Payable for the three months ended in Mar. 2026 was 402.59.
Therefore, Zhongmin Energy Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 87.71.


Zhongmin Energy Co  (SHSE:600163) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Zhongmin Energy Co Cash Conversion Cycle Related Terms


Zhongmin Energy Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Zhongmin Energy Co's Cash Conversion Cycle can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zhongmin Energy Co Cash Conversion Cycle Chart

Zhongmin Energy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -455.14 -128.48 43.65 167.00 222.31

Zhongmin Energy Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 117.85 681.69 526.33 83.45 87.71

Zhongmin Energy Co Cash Conversion Cycle Competitor Comparison

For the Utilities - Renewable subindustry, Zhongmin Energy Co's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zhongmin Energy Co Cash Conversion Cycle vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zhongmin Energy Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Zhongmin Energy Co's Cash Conversion Cycle falls into.


SHSE:600163
80GF Score
Zhongmin Energy Co Ltd SHSE:600163
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhongmin Energy Co Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Zhongmin Energy Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=604.82+21.42-403.93
=222.31

Zhongmin Energy Co's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=468.69+21.61-402.59
=87.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 87.71 mean?
Zhongmin Energy Co (SHSE:600163) has a Cash Conversion Cycle of 87.71 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Zhongmin Energy Co and its competitors.
Is Zhongmin Energy Co's Cash Conversion Cycle too high?
Zhongmin Energy Co's current Cash Conversion Cycle is 87.71. The Utilities - Independent Power Producers industry median Cash Conversion Cycle is 25.49. Zhongmin Energy Co's value of 87.71 is 244.1% above this industry median. Overall, Zhongmin Energy Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhongmin Energy Co's Cash Conversion Cycle compare to competitors?
Zhongmin Energy Co's Cash Conversion Cycle of 87.71 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Cash Conversion Cycle is 25.49. Zhongmin Energy Co's value of 87.71 is 244.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for an Utilities - Independent Power Producers company?
The median Cash Conversion Cycle among Utilities - Independent Power Producers companies is 25.49, based on 418 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhongmin Energy Co's current Cash Conversion Cycle of 87.71 is 244.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Zhongmin Energy Co and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Conversion Cycle is 25.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongmin Energy Co's current Cash Conversion Cycle is 87.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongmin Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Zhongmin Energy Co (SHSE:600163) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.19, compared to a current price of ¥4.86 — trading 6.4% below its estimated fair value. The current Cash Conversion Cycle is 87.71 and 244.1% above the Utilities - Independent Power Producers industry median of 25.49. Zhongmin Energy Co's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Zhongmin Energy Co (SHSE:600163), the current Cash Conversion Cycle is 87.71 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zhongmin Energy Co (SHSE:600163) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongmin Energy Co stock appears to be undervalued. The current stock price of ¥4.86 is trading 6.4% below its estimated GF Value™ of ¥5.19. GuruFocus considers Zhongmin Energy Co to be Fairly Valued.

Key valuation signals for SHSE:600163:

  • Cash Conversion Cycle: 87.71
  • GF Value™: ¥5.19 vs. price of ¥4.86 (6.4% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 244.1% above the Utilities - Independent Power Producers median

No single metric tells the full story. See the SHSE:600163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongmin Energy Co Business Description

Address No. 210, Wusi Road, 22nd Floor, International Building, Fujian Province, Fuzhou, CHN, 3500003
Zhongmin Energy Co Ltd focuses on the development and construction of power generation projects in China. The company's business scope comprises of wind power generation, investment in the energy industry, power production, electrical installation, engineering consulting, construction materials, sales of mechanical and electrical equipment, machinery and equipment rental. It is mainly focused on the development and construction of wind, solar and other clean energy sources.
80GF Score

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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥4.86
Price
¥5.19
GF Value