Qingdao Sentury Tire Co Ltd (002984) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Qingdao Sentury Tire Co Ltd (002984) has a cash flow conversion efficiency ratio of 0.014x 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¥188.69 Million ≈ $27.61 Million USD) by net assets (CN¥13.85 Billion ≈ $2.03 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 defensive interval ratio of Qingdao Sentury Tire Co Ltd to measure how many days the company can operate on defensive assets alone.
Qingdao Sentury Tire Co Ltd - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how Qingdao Sentury Tire Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Qingdao Sentury Tire Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Qingdao Sentury Tire Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Embotelladora Andina S.A
SN:ANDINA-B
|
0.110x |
|
West African Resources Limited
F:W25
|
0.031x |
|
China Camc Engineering Co Ltd
SHE:002051
|
-0.010x |
|
Braze Inc
NASDAQ:BRZE
|
0.035x |
|
Hanesbrands Inc
NYSE:HBI
|
0.062x |
|
Elite Advanced Laser Corp
TW:3450
|
0.073x |
|
Sanhe Tongfei Refrigeration Co. Ltd.
SHE:300990
|
0.029x |
|
Grupo Bafar S.A.B. de C.V
MX:BAFARB
|
0.056x |
Annual Cash Flow Conversion Efficiency for Qingdao Sentury Tire Co Ltd (2015–2024)
The table below shows the annual cash flow conversion efficiency of Qingdao Sentury Tire Co Ltd from 2015 to 2024. For the full company profile with market capitalisation and key ratios, see Qingdao Sentury Tire Co Ltd stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥13.49 Billion ≈ $1.97 Billion |
CN¥1.96 Billion ≈ $286.77 Million |
0.145x | -27.67% |
| 2023-12-31 | CN¥11.79 Billion ≈ $1.72 Billion |
CN¥2.37 Billion ≈ $346.32 Million |
0.201x | +48.89% |
| 2022-12-31 | CN¥7.62 Billion ≈ $1.12 Billion |
CN¥1.03 Billion ≈ $150.45 Million |
0.135x | +7.79% |
| 2021-12-31 | CN¥6.65 Billion ≈ $972.55 Million |
CN¥831.52 Million ≈ $121.68 Million |
0.125x | -58.69% |
| 2020-12-31 | CN¥5.55 Billion ≈ $812.12 Million |
CN¥1.68 Billion ≈ $245.98 Million |
0.303x | -31.39% |
| 2019-12-31 | CN¥3.61 Billion ≈ $528.28 Million |
CN¥1.59 Billion ≈ $233.22 Million |
0.441x | +115.58% |
| 2018-12-31 | CN¥2.82 Billion ≈ $412.78 Million |
CN¥577.65 Million ≈ $84.53 Million |
0.205x | -25.94% |
| 2017-12-31 | CN¥2.24 Billion ≈ $327.40 Million |
CN¥618.64 Million ≈ $90.53 Million |
0.277x | +1.63% |
| 2016-12-31 | CN¥1.91 Billion ≈ $279.20 Million |
CN¥519.14 Million ≈ $75.97 Million |
0.272x | +1055.54% |
| 2015-12-31 | CN¥1.54 Billion ≈ $225.95 Million |
CN¥36.36 Million ≈ $5.32 Million |
0.024x | -- |
About Qingdao Sentury Tire Co Ltd
Qingdao Sentury Tire Co., Ltd. engages in the development, production, and sale of tires primarily in China. It offers passenger car, light and heavy truck, racing car, motorsports, and aircraft tires under the SENTURY, LANDSAIL, DELINTE, and GROUNDSPEED brand name. The company was incorporated in 2007 and is based in Jimo, China.