Ningxia Qinglong Pipes Industry Co Ltd
Qinglong Pipes Industry Group Co., Ltd, together with its subsidiaries, engages in the research and development, production, and sale of water pipelines and related products in China. The company offers concrete pipes and products, such as prestressed steel cylinder concrete pipes, reinforced wound steel cylinder concrete pipes, prestressed concrete pipes, reinforced concrete drainage pipes, rein… Read more
Ningxia Qinglong Pipes Industry Co Ltd (002457) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.045x
Based on the latest financial reports, Ningxia Qinglong Pipes Industry Co Ltd (002457) has a cash flow conversion efficiency ratio of 0.045x 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¥122.17 Million) by net assets (CN¥2.70 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ningxia Qinglong Pipes Industry Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Ningxia Qinglong Pipes Industry 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.
Ningxia Qinglong Pipes Industry Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ningxia Qinglong Pipes Industry Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fine Semitech Corp
KQ:036810
|
0.004x |
|
Jiaxing ZMAX Optech Co. Ltd. A
SHG:688307
|
N/A |
|
Einhell Germany AG
F:EIN
|
0.102x |
|
Greatech Technology Bhd
KLSE:0208
|
0.042x |
|
Guangdong Electric Power Devel
SHE:200539
|
0.066x |
|
Portillo's Inc
NASDAQ:PTLO
|
0.041x |
|
B&G Foods Inc
NYSE:BGS
|
-0.137x |
|
NICE Information Service Co. Ltd
KQ:030190
|
-0.030x |
Annual Cash Flow Conversion Efficiency for Ningxia Qinglong Pipes Industry Co Ltd (2007–2024)
The table below shows the annual cash flow conversion efficiency of Ningxia Qinglong Pipes Industry Co Ltd from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.70 Billion | CN¥126.55 Million | 0.047x | -63.93% |
| 2023-12-31 | CN¥2.48 Billion | CN¥321.93 Million | 0.130x | +328.61% |
| 2022-12-31 | CN¥2.52 Billion | CN¥76.33 Million | 0.030x | +152.01% |
| 2021-12-31 | CN¥2.33 Billion | CN¥-135.96 Million | -0.058x | -227.90% |
| 2020-12-31 | CN¥2.20 Billion | CN¥100.51 Million | 0.046x | -73.39% |
| 2019-12-31 | CN¥2.05 Billion | CN¥350.69 Million | 0.171x | +278.26% |
| 2018-12-31 | CN¥1.88 Billion | CN¥-180.97 Million | -0.096x | -275.57% |
| 2017-12-31 | CN¥1.84 Billion | CN¥100.74 Million | 0.055x | -42.03% |
| 2016-12-31 | CN¥1.83 Billion | CN¥173.01 Million | 0.094x | +33.50% |
| 2015-12-31 | CN¥1.80 Billion | CN¥127.33 Million | 0.071x | +34.31% |
| 2014-12-31 | CN¥1.75 Billion | CN¥91.98 Million | 0.053x | -59.82% |
| 2013-12-31 | CN¥1.70 Billion | CN¥223.05 Million | 0.131x | +239.16% |
| 2012-12-31 | CN¥1.60 Billion | CN¥61.83 Million | 0.039x | +203.49% |
| 2011-12-31 | CN¥1.55 Billion | CN¥-57.77 Million | -0.037x | -79.93% |
| 2010-12-31 | CN¥1.47 Billion | CN¥-30.42 Million | -0.021x | -125.51% |
| 2009-12-31 | CN¥523.21 Million | CN¥42.57 Million | 0.081x | +932.79% |
| 2008-12-31 | CN¥379.10 Million | CN¥2.99 Million | 0.008x | -94.85% |
| 2007-12-31 | CN¥273.28 Million | CN¥41.79 Million | 0.153x | -- |