Ningxia Qinglong Pipes Industry Co Ltd (002457) - Cash Flow Conversion Efficiency

Latest 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 ≈ $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. See Ningxia Qinglong Pipes Industry Co Ltd (002457) net asset quality to measure how much of total assets are equity-financed.

Ningxia Qinglong Pipes Industry Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2025)

This chart illustrates how Ningxia Qinglong Pipes Industry Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Ningxia Qinglong Pipes Industry Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Thesis Gold Inc V:TAU	-0.019x
Guangdong Piano Customized Furniture Co Ltd SHE:002853	0.016x
Zhejiang Jinghua Laser Technology Co Ltd Class A SHG:603607	0.077x
Cool Company Oy OL:CLCO	0.045x
Luoyang Northglass Technology Co Ltd SHE:002613	0.040x
Nanjing Baose Co Ltd SHE:300402	-0.058x
Shenzhen Jasic Tech Co SHE:300193	0.030x
Avax S.A AT:AVAX	0.076x

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. For the full company profile with market capitalisation and key ratios, see 002457 market cap.

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

SHE:002457 China Building Products & Equipment

Market Cap

$529.96 Million

CN¥3.62 Billion CNY

Market Cap Rank

#11784 Global

#3329 in China

Share Price

CN¥10.86

Change (1 day)

+4.32%

52-Week Range

CN¥9.58 - CN¥15.76

All Time High

CN¥20.88