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.

QITIAN Technology Group Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2024)

This chart illustrates how QITIAN Technology Group Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of QITIAN Technology Group Co Ltd for a breakdown of total debt and financial obligations.

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
Qingdao Tianneng Heavy Industries Co Ltd SHE:300569	0.054x
Fuda Alloy Materials Co Ltd SHG:603045	-0.034x
HYDROGRAPH CLEAN POWER F:M98	N/A
Jiangsu Hongdou Industrial Co Ltd SHG:600400	0.002x
Yutong Heavy Industries Co Ltd SHG:600817	-0.036x
King-Strong New Material Technology Co Ltd SHE:300629	-0.006x
TOA PAINT (THAILAND) BK:TOA-R	N/A
Esquire Financial Holdings Inc NASDAQ:ESQ	0.058x

Annual Cash Flow Conversion Efficiency for QITIAN Technology Group Co Ltd (2007–2024)

The table below shows the annual cash flow conversion efficiency of QITIAN Technology Group Co Ltd from 2007 to 2024. 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
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

$924.78 Million

CN¥6.32 Billion CNY

Market Cap Rank

#9442 Global

#2598 in China

Share Price

CN¥9.59

Change (1 day)

-0.62%

52-Week Range

CN¥7.51 - CN¥14.28

All Time High

CN¥24.06