Qingdao Sentury Tire Co Ltd Cash Flow Conversion Efficiency
Qingdao Sentury Tire Co Ltd 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.
Cash Flow Conversion Efficiency of Qingdao Sentury Tire Co Ltd (2015–2024)
Cash flow conversion efficiency of Qingdao Sentury Tire Co Ltd from 2015 to 2024. This chart illustrates how Qingdao Sentury Tire Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Qingdao Sentury Tire Co Ltd stock quote for real-time trading data and today's change.
Qingdao Sentury Tire Co Ltd Cash Flow Conversion Ratio Explained
Qingdao Sentury Tire Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see 002984 market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HBX Group International plc
MC:HBX
|
-0.213x |
|
Grupo Lamosa S.A.B. de C.V
MX:LAMOSA
|
0.056x |
|
Compañía Cervecerías Unidas S.A
F:CVU
|
-0.006x |
|
ATS Corporation
NYSE:ATS
|
0.064x |
|
Fujian Cosunter Pharmaceutical Co Ltd
SHE:300436
|
-0.094x |
|
Investec Ltd
JSE:INL
|
0.001x |
|
Genting Malaysia Bhd
KLSE:4715
|
0.065x |
|
A10 Network
NYSE:ATEN
|
0.122x |
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. Review 002984 free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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.