Qingdao Doublestar Co Ltd (000599) - Cash Flow Conversion Efficiency
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 ≈ $3.88 Million USD) by net assets (CN¥1.47 Billion ≈ $215.16 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 Qingdao Doublestar Co Ltd (000599) net asset quality to measure how much of total assets are equity-financed.
Qingdao Doublestar Co Ltd - Cash Flow Conversion Efficiency Trend (1998–2025)
This chart illustrates how Qingdao Doublestar Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 000599 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Fair Oaks Income Limited
LSE:FAIR
|
0.168x |
|
Yantai China Pet Foods Co Ltd
SHE:002891
|
0.000x |
|
Lakeland Financial Corporation
NASDAQ:LKFN
|
0.047x |
|
Innoviva Inc
NASDAQ:INVA
|
0.046x |
|
Semrush Holdings Inc
NYSE:SEMR
|
0.051x |
|
Cetc Potevio Science&Technology Co Ltd
SHE:002544
|
-0.016x |
|
Tatung Co
TW:2371
|
-0.009x |
|
Bio-Rad Laboratories Inc
NYSE:BIO-B
|
0.016x |
Annual Cash Flow Conversion Efficiency for Qingdao Doublestar Co Ltd (1998–2025)
The table below shows the annual cash flow conversion efficiency of Qingdao Doublestar Co Ltd from 1998 to 2025. For the full company profile with market capitalisation and key ratios, see 000599 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥1.33 Billion ≈ $195.25 Million |
CN¥-143.90 Million ≈ $-21.06 Million |
-0.108x | -1603.31% |
| 2024-12-31 | CN¥1.73 Billion ≈ $252.90 Million |
CN¥12.40 Million ≈ $1.81 Million |
0.007x | -94.67% |
| 2023-12-31 | CN¥2.08 Billion ≈ $304.83 Million |
CN¥280.33 Million ≈ $41.02 Million |
0.135x | -4.76% |
| 2022-12-31 | CN¥2.38 Billion ≈ $348.71 Million |
CN¥336.74 Million ≈ $49.28 Million |
0.141x | +610.90% |
| 2021-12-31 | CN¥3.13 Billion ≈ $458.08 Million |
CN¥-86.58 Million ≈ $-12.67 Million |
-0.028x | -220.31% |
| 2020-12-31 | CN¥3.52 Billion ≈ $515.17 Million |
CN¥80.94 Million ≈ $11.84 Million |
0.023x | +136.15% |
| 2019-12-31 | CN¥3.63 Billion ≈ $531.68 Million |
CN¥-231.08 Million ≈ $-33.81 Million |
-0.064x | -6.96% |
| 2018-12-31 | CN¥3.85 Billion ≈ $563.64 Million |
CN¥-229.03 Million ≈ $-33.51 Million |
-0.059x | +72.60% |
| 2017-12-31 | CN¥2.81 Billion ≈ $410.72 Million |
CN¥-609.04 Million ≈ $-89.12 Million |
-0.217x | -2095.22% |
| 2016-12-31 | CN¥2.70 Billion ≈ $395.10 Million |
CN¥29.36 Million ≈ $4.30 Million |
0.011x | -77.28% |
| 2015-12-31 | CN¥2.59 Billion ≈ $379.69 Million |
CN¥124.21 Million ≈ $18.18 Million |
0.048x | -78.40% |
| 2014-12-31 | CN¥2.50 Billion ≈ $366.27 Million |
CN¥554.70 Million ≈ $81.17 Million |
0.222x | -27.40% |
| 2013-12-31 | CN¥1.56 Billion ≈ $228.18 Million |
CN¥475.97 Million ≈ $69.65 Million |
0.305x | +71.30% |
| 2012-12-31 | CN¥1.54 Billion ≈ $224.75 Million |
CN¥273.67 Million ≈ $40.05 Million |
0.178x | +39.33% |
| 2011-12-31 | CN¥1.51 Billion ≈ $221.67 Million |
CN¥193.74 Million ≈ $28.35 Million |
0.128x | +107.00% |
| 2010-12-31 | CN¥1.48 Billion ≈ $216.39 Million |
CN¥91.36 Million ≈ $13.37 Million |
0.062x | -76.16% |
| 2009-12-31 | CN¥1.44 Billion ≈ $211.24 Million |
CN¥374.03 Million ≈ $54.73 Million |
0.259x | +957.72% |
| 2008-12-31 | CN¥1.18 Billion ≈ $171.95 Million |
CN¥28.79 Million ≈ $4.21 Million |
0.024x | -85.11% |
| 2007-12-31 | CN¥1.14 Billion ≈ $166.35 Million |
CN¥186.98 Million ≈ $27.36 Million |
0.164x | +31.84% |
| 2006-12-31 | CN¥1.02 Billion ≈ $149.60 Million |
CN¥127.54 Million ≈ $18.66 Million |
0.125x | -37.45% |
| 2005-12-31 | CN¥985.40 Million ≈ $144.20 Million |
CN¥196.53 Million ≈ $28.76 Million |
0.199x | -5.28% |
| 2004-12-31 | CN¥814.28 Million ≈ $119.15 Million |
CN¥171.45 Million ≈ $25.09 Million |
0.211x | +376.57% |
| 2003-12-31 | CN¥772.99 Million ≈ $113.11 Million |
CN¥-58.85 Million ≈ $-8.61 Million |
-0.076x | -206.27% |
| 2002-12-31 | CN¥708.25 Million ≈ $103.64 Million |
CN¥50.74 Million ≈ $7.43 Million |
0.072x | -55.20% |
| 2001-12-31 | CN¥671.47 Million ≈ $98.26 Million |
CN¥107.37 Million ≈ $15.71 Million |
0.160x | +42.01% |
| 2000-12-31 | CN¥469.71 Million ≈ $68.73 Million |
CN¥52.89 Million ≈ $7.74 Million |
0.113x | +13.39% |
| 1999-12-31 | CN¥445.35 Million ≈ $65.17 Million |
CN¥44.23 Million ≈ $6.47 Million |
0.099x | +2524.90% |
| 1998-12-31 | CN¥410.75 Million ≈ $60.11 Million |
CN¥-1.68 Million ≈ $-246.16K |
-0.004x | -- |
About 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.