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.

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. Read total liabilities of Qiaoyin Environmental Tech Co Ltd for a breakdown of total debt and financial obligations.

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
Sobute New Materials Co Ltd SHG:603916	0.044x
KBC Corporation Ltd SHG:688598	-0.006x
Zhejiang Chimin Pharm Co Ltd SHG:603222	0.003x
Shanghai Xuerong Bio-Technology Co Ltd SHE:300511	-0.053x
Jiangyin Pivot Automotive Products Co. Ltd. SHE:301181	0.011x
SNTEnergy Co Ltd KO:100840	0.050x
Jiangsu Province Commun SHG:603018	0.011x
Clairvest Group Inc. TO:CVG	0.068x

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

SHE:002973 China Waste Management

Market Cap

$752.89 Million

CN¥5.15 Billion CNY

Market Cap Rank

#10467 Global

#3054 in China

Share Price

CN¥12.59

Change (1 day)

-1.95%

52-Week Range

CN¥11.03 - CN¥16.55

All Time High

CN¥29.40