Bank of Qingdao Co Ltd (002948) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.020x

Based on the latest financial reports, Bank of Qingdao Co Ltd (002948) has a cash flow conversion efficiency ratio of 0.020x 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¥799.22 Million ≈ $116.95 Million USD) by net assets (CN¥40.76 Billion ≈ $5.96 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Bank of Qingdao Co Ltd balance sheet independence to measure how much of total assets are equity-financed.

Bank of Qingdao Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)

This chart illustrates how Bank of Qingdao Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Bank of Qingdao Co Ltd to evaluate the quality of earnings relative to operating cash generation.

Bank of Qingdao Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Bank of Qingdao Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Wingtech Technology Co Ltd SHG:600745	0.048x
Aperam SA MC:APAM	0.051x
OceanaGold Corporation F:RQQ	0.106x
American States Water Company NYSE:AWR	0.067x
Shanghai Daimay Auto Interior SHG:603730	0.049x
Procter & Gamble Hygiene and Health Care Limited NSE:PGHH	0.688x
LG Display Co. Ltd F:LGA	0.190x
National Storage REIT AU:NSR	0.018x

Annual Cash Flow Conversion Efficiency for Bank of Qingdao Co Ltd (2008–2024)

The table below shows the annual cash flow conversion efficiency of Bank of Qingdao Co Ltd from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see Bank of Qingdao Co Ltd market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥44.90 Billion ≈ $6.57 Billion	CN¥22.95 Billion ≈ $3.36 Billion	0.511x	+101.40%
2023-12-31	CN¥39.94 Billion ≈ $5.84 Billion	CN¥10.14 Billion ≈ $1.48 Billion	0.254x	+654.58%
2022-12-31	CN¥36.59 Billion ≈ $5.35 Billion	CN¥-1.67 Billion ≈ $-245.06 Million	-0.046x	-150.76%
2021-12-31	CN¥33.33 Billion ≈ $4.88 Billion	CN¥3.01 Billion ≈ $439.73 Million	0.090x	-93.85%
2020-12-31	CN¥30.91 Billion ≈ $4.52 Billion	CN¥45.29 Billion ≈ $6.63 Billion	1.465x	+737.55%
2019-12-31	CN¥30.48 Billion ≈ $4.46 Billion	CN¥-7.01 Billion ≈ $-1.03 Billion	-0.230x	+69.69%
2018-12-31	CN¥27.50 Billion ≈ $4.02 Billion	CN¥-20.85 Billion ≈ $-3.05 Billion	-0.758x	+22.75%
2017-12-31	CN¥26.12 Billion ≈ $3.82 Billion	CN¥-25.65 Billion ≈ $-3.75 Billion	-0.982x	-139.21%
2016-12-31	CN¥17.64 Billion ≈ $2.58 Billion	CN¥44.16 Billion ≈ $6.46 Billion	2.504x	+388.67%
2015-12-31	CN¥16.61 Billion ≈ $2.43 Billion	CN¥8.51 Billion ≈ $1.25 Billion	0.512x	-55.22%
2014-12-31	CN¥9.78 Billion ≈ $1.43 Billion	CN¥11.20 Billion ≈ $1.64 Billion	1.144x	-9.50%
2013-12-31	CN¥8.21 Billion ≈ $1.20 Billion	CN¥10.37 Billion ≈ $1.52 Billion	1.264x	-11.94%
2012-12-31	CN¥7.44 Billion ≈ $1.09 Billion	CN¥10.68 Billion ≈ $1.56 Billion	1.436x	+26.12%
2011-12-31	CN¥6.96 Billion ≈ $1.02 Billion	CN¥7.92 Billion ≈ $1.16 Billion	1.138x	-36.18%
2010-12-31	CN¥4.15 Billion ≈ $606.61 Million	CN¥7.40 Billion ≈ $1.08 Billion	1.784x	+605.97%
2009-12-31	CN¥3.94 Billion ≈ $575.92 Million	CN¥994.55 Million ≈ $145.53 Million	0.253x	+160.75%
2008-12-31	CN¥3.92 Billion ≈ $573.47 Million	CN¥-1.63 Billion ≈ $-238.54 Million	-0.416x	--

About Bank of Qingdao Co Ltd

SHE:002948 China Banks - Regional

Market Cap

$3.02 Billion

CN¥20.64 Billion CNY

Market Cap Rank

#4813 Global

#796 in China

Share Price

CN¥5.85

Change (1 day)

-0.85%

52-Week Range

CN¥4.22 - CN¥6.08

All Time High

CN¥6.58