QITIAN Technology Group Co Ltd (300061) - Cash Flow Conversion Efficiency

Latest as of June 2023: -0.073x

Based on the latest financial reports, QITIAN Technology Group Co Ltd (300061) has a cash flow conversion efficiency ratio of -0.073x as of June 2023. 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¥-91.88 Million ≈ $-13.45 Million USD) by net assets (CN¥1.26 Billion ≈ $185.06 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 300061 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

QITIAN Technology Group Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2025)

This chart illustrates how QITIAN Technology Group Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

QITIAN Technology Group Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of QITIAN Technology Group Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
AGRANA Beteiligungs-Aktiengesellschaft VI:AGR	0.011x
Qingdao Kutesmart Co Ltd SHE:300840	0.022x
Tanla Platforms Limited NSE:TANLA	0.074x
D-MARKET Electronic Services & Trading ADR NASDAQ:HEPS	0.043x
EuroTeleSites AG VI:ETS	0.250x
Entravision Communications NYSE:EVC	0.335x
UEM Sunrise Bhd KLSE:5148	-0.002x
Equites Property Fund Ltd JSE:EQU	0.035x

Annual Cash Flow Conversion Efficiency for QITIAN Technology Group Co Ltd (2007–2025)

The table below shows the annual cash flow conversion efficiency of QITIAN Technology Group Co Ltd from 2007 to 2025. For the full company profile with market capitalisation and key ratios, see QITIAN Technology Group Co Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥471.02 Million ≈ $68.93 Million	CN¥72.87 Million ≈ $10.66 Million	0.155x	+56.64%
2024-12-31	CN¥568.15 Million ≈ $83.14 Million	CN¥56.12 Million ≈ $8.21 Million	0.099x	+178.27%
2023-12-31	CN¥783.38 Million ≈ $114.63 Million	CN¥-98.86 Million ≈ $-14.47 Million	-0.126x	-239.87%
2022-12-31	CN¥1.21 Billion ≈ $176.40 Million	CN¥108.77 Million ≈ $15.92 Million	0.090x	+38393.11%
2021-12-31	CN¥1.16 Billion ≈ $169.73 Million	CN¥271.87K ≈ $39.78K	0.000x	+102.47%
2020-12-31	CN¥1.31 Billion ≈ $191.97 Million	CN¥-12.43 Million ≈ $-1.82 Million	-0.009x	-117.87%
2019-12-31	CN¥2.55 Billion ≈ $372.60 Million	CN¥134.95 Million ≈ $19.75 Million	0.053x	-62.06%
2018-12-31	CN¥2.47 Billion ≈ $360.88 Million	CN¥344.54 Million ≈ $50.42 Million	0.140x	+26.57%
2017-12-31	CN¥3.58 Billion ≈ $524.57 Million	CN¥395.70 Million ≈ $57.90 Million	0.110x	+117.23%
2016-12-31	CN¥3.29 Billion ≈ $481.56 Million	CN¥167.22 Million ≈ $24.47 Million	0.051x	-68.52%
2015-12-31	CN¥484.42 Million ≈ $70.89 Million	CN¥78.20 Million ≈ $11.44 Million	0.161x	+57.31%
2014-12-31	CN¥451.92 Million ≈ $66.13 Million	CN¥46.38 Million ≈ $6.79 Million	0.103x	+89.49%
2013-12-31	CN¥454.08 Million ≈ $66.45 Million	CN¥24.59 Million ≈ $3.60 Million	0.054x	+122.73%
2012-12-31	CN¥408.78 Million ≈ $59.82 Million	CN¥9.94 Million ≈ $1.45 Million	0.024x	-56.28%
2010-12-31	CN¥369.27 Million ≈ $54.04 Million	CN¥20.54 Million ≈ $3.01 Million	0.056x	-79.33%
2009-12-31	CN¥100.51 Million ≈ $14.71 Million	CN¥27.05 Million ≈ $3.96 Million	0.269x	+398.49%
2008-12-31	CN¥79.12 Million ≈ $11.58 Million	CN¥4.27 Million ≈ $624.98K	0.054x	-26.27%
2007-12-31	CN¥64.46 Million ≈ $9.43 Million	CN¥4.72 Million ≈ $690.68K	0.073x	--

About QITIAN Technology Group Co Ltd

SHE:300061 China Medical Instruments & Supplies

Market Cap

$756.02 Million

CN¥5.17 Billion CNY

Market Cap Rank

#10374 Global

#2855 in China

Share Price

CN¥7.84

Change (1 day)

+3.29%

52-Week Range

CN¥7.51 - CN¥13.88

All Time High

CN¥24.06