Qiaoyin Environmental Tech Co Ltd (002973) - Cash Flow Conversion Efficiency
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. See operational self-sufficiency of Qiaoyin Environmental Tech Co Ltd to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mako Mining Corp
V:MKO
|
0.146x |
|
Tamboran Resources Corporation
AU:TBN
|
-0.035x |
|
Hunan Huakai Cultural and Creative Co Ltd
SHE:300592
|
0.048x |
|
Foshan Saturday Shoes Co Ltd
SHE:002291
|
-0.028x |
|
Hangzhou Jiebai Group Co Ltd
SHG:600814
|
0.048x |
|
Sichuan Tianyi Comheart Telecom Co Ltd Class A
SHE:300504
|
0.004x |
|
Amos Luzon Development and Energy Group Ltd
TA:LUZN
|
-0.056x |
|
Huayi Brothers Media Corp
SHE:300027
|
0.016x |
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. For the full company profile with market capitalisation and key ratios, see Qiaoyin Environmental Tech Co Ltd market capitalisation.
| 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
QiaoYin City Management Co., Ltd. engages in the environmental protection and sanitation management business in China. The company provides soil remediation, sewage treatment, air purification, sludge, and hazardous waste treatment services. It also offers integrated urban and rural environmental services; sanitation engineering construction; water area, municipal, and landscaping maintenance; co… Read more