Bank of Qingdao Co. Ltd (4BQ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Bank of Qingdao Co. Ltd (4BQ) has a cash flow conversion efficiency ratio of 0.211x as of June 2024. 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 (€9.06 Billion ≈ $10.59 Billion USD) by net assets (€42.86 Billion ≈ $50.10 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Bank of Qingdao Co. Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Bank of Qingdao Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Bank of Qingdao Co. Ltd carry for a breakdown of total debt and financial obligations.
Bank of Qingdao Co. Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Bank of Qingdao Co. Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ningbo Fuda Co Ltd
SHG:600724
|
0.048x |
|
TriMas Corporation
NASDAQ:TRS
|
0.050x |
|
Petrovietnam Power Corp
VN:POW
|
-0.080x |
|
Hengbao Co Ltd
SHE:002104
|
0.011x |
|
Xinjiang Guannong Fruit & Antler Group Co Ltd
SHG:600251
|
0.027x |
|
Legend Holdings Corporation
F:1PC
|
-0.009x |
|
Grainger PLC
F:1U4
|
0.015x |
|
Herbalife Nutrition Ltd
F:HOO
|
-0.229x |
Annual Cash Flow Conversion Efficiency for Bank of Qingdao Co. Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Bank of Qingdao Co. Ltd from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Bank of Qingdao Co. Ltd (4BQ) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €44.90 Billion ≈ $52.49 Billion |
€22.95 Billion ≈ $26.83 Billion |
0.511x | +101.40% |
| 2023-12-31 | €39.94 Billion ≈ $46.69 Billion |
€10.14 Billion ≈ $11.85 Billion |
0.254x | +131.41% |
| 2022-12-31 | €36.59 Billion ≈ $42.78 Billion |
€-29.57 Billion ≈ $-34.57 Billion |
-0.808x | -996.08% |
| 2021-12-31 | €33.33 Billion ≈ $38.96 Billion |
€3.01 Billion ≈ $3.51 Billion |
0.090x | -93.85% |
| 2020-12-31 | €30.91 Billion ≈ $36.13 Billion |
€45.29 Billion ≈ $52.95 Billion |
1.465x | +191.33% |
| 2019-12-31 | €30.48 Billion ≈ $35.63 Billion |
€-48.90 Billion ≈ $-57.17 Billion |
-1.605x | -111.57% |
| 2018-12-31 | €27.50 Billion ≈ $32.15 Billion |
€-20.85 Billion ≈ $-24.38 Billion |
-0.758x | +17.48% |
| 2017-12-31 | €26.12 Billion ≈ $30.54 Billion |
€-24.01 Billion ≈ $-28.07 Billion |
-0.919x | -- |
About Bank of Qingdao Co. Ltd
Bank of Qingdao Co., Ltd. provides various banking products and services in the People's Republic of China. The company operates through three segments: Retail Banking, Corporate Banking, and Financial Market Business. It provides deposits products; retail, corporate, and personal loans; discounted bills; short, mid, and long-term loans; conduct domestic and overseas settlement products, as well … Read more