Qingdao Doublestar Co Ltd
Qingdao Doublestar Co.,Ltd engages in manufacturing and sales of tires in China and internationally. The company was founded in 1921 and is headquartered in Qingdao, China.
Qingdao Doublestar Co Ltd (000599) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.018x
Based on the latest financial reports, Qingdao Doublestar Co Ltd (000599) has a cash flow conversion efficiency ratio of 0.018x 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¥26.49 Million) by net assets (CN¥1.47 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Qingdao Doublestar Co Ltd - Cash Flow Conversion Efficiency Trend (1998–2024)
This chart illustrates how Qingdao Doublestar Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Qingdao Doublestar Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Qingdao Doublestar Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alembic Pharmaceuticals Limited
NSE:APLLTD
|
0.076x |
|
SFTCF
PINK:SFTCF
|
0.099x |
|
IMMOFINANZ AG
VI:IIA
|
0.061x |
|
Bravura Solutions Limited
PINK:BVSFF
|
0.357x |
|
Guangdong LingXiao Pump Industry Co Ltd
SHE:002884
|
0.076x |
|
Guangdong Jiaying Pharmaceutical Co Ltd
SHE:002198
|
-0.065x |
|
MilDef Group AB
ST:MILDEF
|
0.048x |
|
Molymet
SN:MOLYMET
|
0.325x |
Annual Cash Flow Conversion Efficiency for Qingdao Doublestar Co Ltd (1998–2024)
The table below shows the annual cash flow conversion efficiency of Qingdao Doublestar Co Ltd from 1998 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.73 Billion | CN¥12.40 Million | 0.007x | -94.67% |
| 2023-12-31 | CN¥2.08 Billion | CN¥280.33 Million | 0.135x | -4.76% |
| 2022-12-31 | CN¥2.38 Billion | CN¥336.74 Million | 0.141x | +610.90% |
| 2021-12-31 | CN¥3.13 Billion | CN¥-86.58 Million | -0.028x | -220.31% |
| 2020-12-31 | CN¥3.52 Billion | CN¥80.94 Million | 0.023x | +136.15% |
| 2019-12-31 | CN¥3.63 Billion | CN¥-231.08 Million | -0.064x | -6.96% |
| 2018-12-31 | CN¥3.85 Billion | CN¥-229.03 Million | -0.059x | +72.60% |
| 2017-12-31 | CN¥2.81 Billion | CN¥-609.04 Million | -0.217x | -2095.22% |
| 2016-12-31 | CN¥2.70 Billion | CN¥29.36 Million | 0.011x | -77.28% |
| 2015-12-31 | CN¥2.59 Billion | CN¥124.21 Million | 0.048x | -78.40% |
| 2014-12-31 | CN¥2.50 Billion | CN¥554.70 Million | 0.222x | -27.40% |
| 2013-12-31 | CN¥1.56 Billion | CN¥475.97 Million | 0.305x | +71.30% |
| 2012-12-31 | CN¥1.54 Billion | CN¥273.67 Million | 0.178x | +39.33% |
| 2011-12-31 | CN¥1.51 Billion | CN¥193.74 Million | 0.128x | +107.00% |
| 2010-12-31 | CN¥1.48 Billion | CN¥91.36 Million | 0.062x | -76.16% |
| 2009-12-31 | CN¥1.44 Billion | CN¥374.03 Million | 0.259x | +957.72% |
| 2008-12-31 | CN¥1.18 Billion | CN¥28.79 Million | 0.024x | -85.11% |
| 2007-12-31 | CN¥1.14 Billion | CN¥186.98 Million | 0.164x | +31.84% |
| 2006-12-31 | CN¥1.02 Billion | CN¥127.54 Million | 0.125x | -37.45% |
| 2005-12-31 | CN¥985.40 Million | CN¥196.53 Million | 0.199x | -5.28% |
| 2004-12-31 | CN¥814.28 Million | CN¥171.45 Million | 0.211x | +376.57% |
| 2003-12-31 | CN¥772.99 Million | CN¥-58.85 Million | -0.076x | -206.27% |
| 2002-12-31 | CN¥708.25 Million | CN¥50.74 Million | 0.072x | -55.20% |
| 2001-12-31 | CN¥671.47 Million | CN¥107.37 Million | 0.160x | +42.01% |
| 2000-12-31 | CN¥469.71 Million | CN¥52.89 Million | 0.113x | +13.39% |
| 1999-12-31 | CN¥445.35 Million | CN¥44.23 Million | 0.099x | +2524.90% |
| 1998-12-31 | CN¥410.75 Million | CN¥-1.68 Million | -0.004x | -- |