Ningxia Qinglong Pipes Industry Co Ltd Cash Flow Conversion Efficiency
Ningxia Qinglong Pipes Industry Co Ltd cash flow conversion efficiency. 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 ≈ $17.88 Million USD) by net assets (CN¥2.70 Billion ≈ $395.23 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 Ningxia Qinglong Pipes Industry Co Ltd (2007–2025)
Cash flow conversion efficiency of Ningxia Qinglong Pipes Industry Co Ltd from 2007 to 2025. This chart illustrates how Ningxia Qinglong Pipes Industry Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 002457 live share price for real-time trading data and today's change.
Ningxia Qinglong Pipes Industry Co Ltd Cash Flow Conversion Ratio Explained
Ningxia Qinglong Pipes Industry 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.
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. Also see how much is Ningxia Qinglong Pipes Industry Co Ltd worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MNRB Holdings Bhd
KLSE:6459
|
0.040x |
|
Teck Resources Limited
F:TPT
|
0.038x |
|
Lao Feng Xiang Co Ltd B
SHG:900905
|
0.148x |
|
Taier Heavy Industry Co Ltd
SHE:002347
|
-0.014x |
|
Princess Private Equity Holding Ltd
LSE:PEY
|
0.050x |
|
Global Medical REIT Inc.
NYSE:GMRE
|
0.035x |
|
CCP Contact Probe Co Ltd
TWO:6217
|
-0.031x |
|
Spirox Corp
TW:3055
|
-0.005x |
Annual Cash Flow Conversion Efficiency for Ningxia Qinglong Pipes Industry Co Ltd (2007–2025)
The table below shows the annual cash flow conversion efficiency of Ningxia Qinglong Pipes Industry Co Ltd from 2007 to 2025. Review Ningxia Qinglong Pipes Industry Co Ltd free cash flow efficiency 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¥2.77 Billion ≈ $405.31 Million |
CN¥565.32 Million ≈ $82.72 Million |
0.204x | +335.36% |
| 2024-12-31 | CN¥2.70 Billion ≈ $395.00 Million |
CN¥126.55 Million ≈ $18.52 Million |
0.047x | -63.93% |
| 2023-12-31 | CN¥2.48 Billion ≈ $362.48 Million |
CN¥321.93 Million ≈ $47.11 Million |
0.130x | +328.61% |
| 2022-12-31 | CN¥2.52 Billion ≈ $368.35 Million |
CN¥76.33 Million ≈ $11.17 Million |
0.030x | +152.01% |
| 2021-12-31 | CN¥2.33 Billion ≈ $341.26 Million |
CN¥-135.96 Million ≈ $-19.90 Million |
-0.058x | -227.90% |
| 2020-12-31 | CN¥2.20 Billion ≈ $322.65 Million |
CN¥100.51 Million ≈ $14.71 Million |
0.046x | -73.39% |
| 2019-12-31 | CN¥2.05 Billion ≈ $299.56 Million |
CN¥350.69 Million ≈ $51.32 Million |
0.171x | +278.26% |
| 2018-12-31 | CN¥1.88 Billion ≈ $275.55 Million |
CN¥-180.97 Million ≈ $-26.48 Million |
-0.096x | -275.57% |
| 2017-12-31 | CN¥1.84 Billion ≈ $269.32 Million |
CN¥100.74 Million ≈ $14.74 Million |
0.055x | -42.03% |
| 2016-12-31 | CN¥1.83 Billion ≈ $268.09 Million |
CN¥173.01 Million ≈ $25.32 Million |
0.094x | +33.50% |
| 2015-12-31 | CN¥1.80 Billion ≈ $263.42 Million |
CN¥127.33 Million ≈ $18.63 Million |
0.071x | +34.31% |
| 2014-12-31 | CN¥1.75 Billion ≈ $255.57 Million |
CN¥91.98 Million ≈ $13.46 Million |
0.053x | -59.82% |
| 2013-12-31 | CN¥1.70 Billion ≈ $249.04 Million |
CN¥223.05 Million ≈ $32.64 Million |
0.131x | +239.16% |
| 2012-12-31 | CN¥1.60 Billion ≈ $234.16 Million |
CN¥61.83 Million ≈ $9.05 Million |
0.039x | +203.49% |
| 2011-12-31 | CN¥1.55 Billion ≈ $226.38 Million |
CN¥-57.77 Million ≈ $-8.45 Million |
-0.037x | -79.93% |
| 2010-12-31 | CN¥1.47 Billion ≈ $214.50 Million |
CN¥-30.42 Million ≈ $-4.45 Million |
-0.021x | -125.51% |
| 2009-12-31 | CN¥523.21 Million ≈ $76.56 Million |
CN¥42.57 Million ≈ $6.23 Million |
0.081x | +932.79% |
| 2008-12-31 | CN¥379.10 Million ≈ $55.47 Million |
CN¥2.99 Million ≈ $436.98K |
0.008x | -94.85% |
| 2007-12-31 | CN¥273.28 Million ≈ $39.99 Million |
CN¥41.79 Million ≈ $6.11 Million |
0.153x | -- |
About 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