QITIAN Technology Group Co Ltd (300061) - 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. See QITIAN Technology Group Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
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. Check cash flow quality index of QITIAN Technology Group Co Ltd to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
HomeTrust Bancshares, Inc.
NASDAQ:HTB
|
0.127x |
|
Lotte Tour Dev
KO:032350
|
-0.024x |
|
Stx Engine
KO:077970
|
0.003x |
|
Mako Mining Corp
V:MKO
|
0.146x |
|
Total Energy Services Inc.
TO:TOT
|
0.099x |
|
Klaveness Combination Carriers ASA
OL:KCC
|
0.058x |
|
Kopin Corporation
NASDAQ:KOPN
|
-109.598x |
|
Hubei Biocause Heilen Pharmaceutical Co. Ltd.
SHE:301211
|
0.005x |
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 cap and net worth.
| 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.