Qiaoyin Environmental Tech Co Ltd (002973) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.015x

Based on the latest financial reports, Qiaoyin Environmental Tech Co Ltd (002973) has a cash flow conversion efficiency ratio of 0.015x 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¥41.15 Million ≈ $6.02 Million USD) by net assets (CN¥2.81 Billion ≈ $410.88 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Qiaoyin Environmental Tech Co Ltd market cap and net worth for the company's overall valuation and market capitalisation.

Qiaoyin Environmental Tech Co Ltd - Cash Flow Conversion Efficiency Trend (2015–2024)

This chart illustrates how Qiaoyin Environmental Tech Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Qiaoyin Environmental Tech Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Qiaoyin Environmental Tech Co Ltd ranked by their cash flow conversion efficiency. Explore Qiaoyin Environmental Tech Co Ltd earnings quality ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Shenzhen Grandland Decoration Group Co Ltd SHE:002482	0.133x
Lectra SA PA:LSS	0.066x
Latham Group Inc NASDAQ:SWIM	0.130x
Aucma Co Ltd SHG:600336	0.279x
Jianglong Shipbuilding Co Ltd SHE:300589	0.284x
Elsight Ltd AU:ELS	0.272x
Team Group Inc TW:4967	-0.564x
China Catalyst Holding Co. Ltd. A SHG:688267	0.048x

Annual Cash Flow Conversion Efficiency for Qiaoyin Environmental Tech Co Ltd (2015–2024)

The table below shows the annual cash flow conversion efficiency of Qiaoyin Environmental Tech Co Ltd from 2015 to 2024. View 002973 share price today for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥2.68 Billion ≈ $391.94 Million	CN¥157.61 Million ≈ $23.06 Million	0.059x	+80.61%
2023-12-31	CN¥2.44 Billion ≈ $357.01 Million	CN¥79.49 Million ≈ $11.63 Million	0.033x	-61.71%
2022-12-31	CN¥2.14 Billion ≈ $313.63 Million	CN¥182.38 Million ≈ $26.69 Million	0.085x	+37.92%
2021-12-31	CN¥1.93 Billion ≈ $282.48 Million	CN¥119.10 Million ≈ $17.43 Million	0.062x	-65.57%
2020-12-31	CN¥1.70 Billion ≈ $249.43 Million	CN¥305.47 Million ≈ $44.70 Million	0.179x	+53.76%
2019-12-31	CN¥1.26 Billion ≈ $185.05 Million	CN¥147.38 Million ≈ $21.57 Million	0.117x	-50.86%
2018-12-31	CN¥878.22 Million ≈ $128.51 Million	CN¥208.28 Million ≈ $30.48 Million	0.237x	+298.51%
2017-12-31	CN¥668.08 Million ≈ $97.76 Million	CN¥-79.82 Million ≈ $-11.68 Million	-0.119x	-194.10%
2016-12-31	CN¥462.58 Million ≈ $67.69 Million	CN¥58.73 Million ≈ $8.59 Million	0.127x	-69.24%
2015-12-31	CN¥220.39 Million ≈ $32.25 Million	CN¥90.97 Million ≈ $13.31 Million	0.413x	--

About Qiaoyin Environmental Tech Co Ltd

SHE:002973 China Waste Management

Market Cap

$729.57 Million

CN¥4.99 Billion CNY

Market Cap Rank

#10361 Global

#2776 in China

Share Price

CN¥12.20

Change (1 day)

-1.21%

52-Week Range

CN¥8.75 - CN¥16.55

All Time High

CN¥29.40