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. Review financial flexibility index of Qiaoyin Environmental Tech Co Ltd to assess the company's free cash flow relative to its total liabilities.

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. Also see market value of Qiaoyin Environmental Tech Co Ltd for the company's overall valuation and market capitalisation.

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
Greenfire Resources Ltd. NYSE:GFR	0.001x
Diagnósticos da América S.A SA:DASA3	0.055x
Acast AB ST:ACAST	0.057x
Shandong Link Science and Technology Co Ltd SHE:001207	0.032x
Era Co Ltd SHE:002641	0.002x
Scanfil Oyj HE:SCANFL	0.118x
Jiangsu Chuanzhiboke Education Tech SHE:003032	0.024x
Phreesia Inc NYSE:PHR	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

$708.64 Million

CN¥4.84 Billion CNY

Market Cap Rank

#10529 Global

#2844 in China

Share Price

CN¥11.85

Change (1 day)

+5.61%

52-Week Range

CN¥8.75 - CN¥16.55

All Time High

CN¥29.40