QITIAN Technology Group Co Ltd Cash Flow Conversion Efficiency
QITIAN Technology Group Co Ltd cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of QITIAN Technology Group Co Ltd (2007–2025)
Cash flow conversion efficiency of QITIAN Technology Group Co Ltd from 2007 to 2025. This chart illustrates how QITIAN Technology Group Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 300061 stock price and chart for real-time trading data and today's change.
QITIAN Technology Group Co Ltd Cash Flow Conversion Ratio Explained
QITIAN Technology Group 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.
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. Also see QITIAN Technology Group Co Ltd (300061) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lloyds Banking Group PLC
LSE:LLOY
|
0.141x |
|
Marimaca Copper Corp.
AU:MC2
|
0.000x |
|
Zhejiang Jiaao Enprotech
SHG:603822
|
0.015x |
|
China Resources and Environment Co Ltd
SHG:600217
|
0.215x |
|
QuinStreet Inc
NASDAQ:QNST
|
0.073x |
|
King-Strong New Material Technology Co Ltd
SHE:300629
|
-0.006x |
|
Fox Factory Holding Corp
NASDAQ:FOXF
|
0.005x |
|
Shanghai Kinetic Medical Co
SHE:300326
|
0.025x |
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. Review 300061 free cash flow to operating cash ratio 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 |
|---|---|---|---|---|
| 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
QITIAN Technology Group Co., Ltd. operates as a digital technology company in China. The company offers user life cycle operation and management solutions. It serves banks and other financial institutions. QITIAN Technology Group Co., Ltd. was founded in 1996 and is based in Shanghai, China.