Qingdao Tianneng Heavy Industries Co Ltd
Qingdao Tianneng Heavy Industries Co.,Ltd manufactures and sells wind turbine towers and related equipment in China and internationally. The company offers onshore wind power towers, offshore wind power towers; offshore wind power foundations comprising single piles, cages, and high pile caps; and onshore wind power anchors. It also invests, develops, constructs, and operates new energy projects,… Read more
Qingdao Tianneng Heavy Industries Co Ltd (300569) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.054x
Based on the latest financial reports, Qingdao Tianneng Heavy Industries Co Ltd (300569) has a cash flow conversion efficiency ratio of 0.054x 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¥287.25 Million) by net assets (CN¥5.35 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Qingdao Tianneng Heavy Industries Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Qingdao Tianneng Heavy Industries Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Qingdao Tianneng Heavy Industries Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Qingdao Tianneng Heavy Industries Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zehnder Group AG
LSE:0R6S
|
0.094x |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
0.111x |
|
Jiangsu Huahong Technology Co Ltd
SHE:002645
|
-0.010x |
|
Huafa Industrial Co Ltd Zhuhai
SHG:600325
|
0.066x |
|
Arena REIT
AU:ARF
|
0.029x |
|
Information Services International-Dentsu Ltd
OTCGREY:IFMNF
|
N/A |
|
Smartgroup Corporation Ltd
PINK:STGXF
|
0.253x |
|
Xtep International Holdings Limited
F:4QI
|
0.013x |
Annual Cash Flow Conversion Efficiency for Qingdao Tianneng Heavy Industries Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Qingdao Tianneng Heavy Industries Co Ltd from 2011 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥5.31 Billion | CN¥463.50 Million | 0.087x | +193.72% |
| 2023-12-31 | CN¥5.70 Billion | CN¥-531.36 Million | -0.093x | -239.49% |
| 2022-12-31 | CN¥4.04 Billion | CN¥-110.95 Million | -0.027x | +75.04% |
| 2021-12-31 | CN¥3.81 Billion | CN¥-418.88 Million | -0.110x | -171.77% |
| 2020-12-31 | CN¥2.46 Billion | CN¥377.12 Million | 0.153x | +295.26% |
| 2019-12-31 | CN¥2.11 Billion | CN¥-165.87 Million | -0.078x | +51.02% |
| 2018-12-31 | CN¥1.83 Billion | CN¥-293.48 Million | -0.160x | -309.90% |
| 2017-12-31 | CN¥1.71 Billion | CN¥130.60 Million | 0.076x | +681.35% |
| 2016-12-31 | CN¥1.63 Billion | CN¥-21.46 Million | -0.013x | -104.77% |
| 2015-12-31 | CN¥657.44 Million | CN¥180.96 Million | 0.275x | -18.86% |
| 2014-12-31 | CN¥478.99 Million | CN¥162.49 Million | 0.339x | +35.97% |
| 2013-12-31 | CN¥402.64 Million | CN¥100.45 Million | 0.249x | +25182.01% |
| 2011-12-31 | CN¥314.14 Million | CN¥-312.47K | -0.001x | -- |