Ningxia Qinglong Pipes Industry Co Ltd (002457) - 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.
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. Read Ningxia Qinglong Pipes Industry Co Ltd total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Guangdong Ganhua Science & Industry Co Ltd
SHE:000576
|
-0.009x |
|
Wuxi Hodgen Technology Co Ltd
SHE:300279
|
-0.006x |
|
WCE Holdings Bhd
KLSE:3565
|
0.000x |
|
Chongqing VDL Electronics Co. Ltd. A
SHE:301121
|
-0.019x |
|
ENCE Energía y Celulosa S.A
MC:ENC
|
0.024x |
|
Momentum Group AB (publ)
ST:MMGR-B
|
0.046x |
|
Jiangsu Liba Enterprise Joint-Stock Co Ltd
SHG:603519
|
0.051x |
|
GULF KEYSTONE PETR.
F:GVP1
|
N/A |
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. For the full company profile with market capitalisation and key ratios, see Ningxia Qinglong Pipes Industry Co Ltd (002457) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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