Qingdao Doublestar Co Ltd Cash Flow Conversion Efficiency
Qingdao Doublestar Co Ltd 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.
Cash Flow Conversion Efficiency of Qingdao Doublestar Co Ltd (1998–2025)
Cash flow conversion efficiency of Qingdao Doublestar Co Ltd from 1998 to 2025. This chart illustrates how Qingdao Doublestar Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Qingdao Doublestar Co Ltd stock price today for real-time trading data and today's change.
Qingdao Doublestar Co Ltd Cash Flow Conversion Ratio Explained
Qingdao Doublestar Co Ltd 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.
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. Also see how much is Qingdao Doublestar Co Ltd worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BORA PHARMACEUTICALS LTD
TW:6472
|
0.034x |
|
Changzheng Engineering Co Ltd
SHG:603698
|
-0.046x |
|
GoTo Gojek Tokopedia PT
JK:GOTO
|
0.016x |
|
Innodata Inc
NASDAQ:INOD
|
1.031x |
|
Ouster, Inc. Common Stock
NYSE:OUST
|
-0.074x |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
|
-0.013x |
|
Formula
TA:FORTY
|
0.230x |
|
CMST Development Co Ltd
SHG:600787
|
0.045x |
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. Review free cash flow generation of Qingdao Doublestar Co Ltd 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 |
|---|---|---|---|---|
| 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 offers passenger car tires, truck and bus tires, and giant mining tires under the NEWBUSTAR, CROSSLEADER, DOUBLESTAR, DONGFENG, and AOSEN brands. The company also offers rare earth gold tires, fully explosion-proof safety tires, ultra-wear-resistant tires, fire-resistant tires, and air… Read more