Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. (301022) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. (301022) has a cash flow conversion efficiency ratio of 0.050x 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¥71.33 Million ≈ $10.44 Million USD) by net assets (CN¥1.42 Billion ≈ $207.23 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Qingdao Hi-Tech Moulds & Plastics Techno total liabilities for a breakdown of total debt and financial obligations.
Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Direct Finance TA
TA:DIFI
|
0.271x |
|
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd B
SHG:900932
|
-0.096x |
|
Cogobuy Group
F:7C3
|
-0.056x |
|
Kumyang
KO:001570
|
0.000x |
|
Leo Lithium Ltd
AU:LLL
|
0.013x |
|
Hangzhou Huaxing Chuangye Communication Technology Co Ltd
SHE:300025
|
-0.005x |
|
AfreecaTV Co. Ltd
KQ:067160
|
0.086x |
|
YTL Hospitality REIT
KLSE:5109
|
0.012x |
Annual Cash Flow Conversion Efficiency for Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. (2017–2024)
The table below shows the annual cash flow conversion efficiency of Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Qingdao Hi-Tech Moulds & Plastics Techno market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.04 Billion ≈ $152.82 Million |
CN¥86.25 Million ≈ $12.62 Million |
0.083x | +293.79% |
| 2023-12-31 | CN¥1.01 Billion ≈ $147.22 Million |
CN¥-42.88 Million ≈ $-6.27 Million |
-0.043x | -297.11% |
| 2022-12-31 | CN¥899.07 Million ≈ $131.56 Million |
CN¥-9.65 Million ≈ $-1.41 Million |
-0.011x | -115.29% |
| 2021-12-31 | CN¥860.65 Million ≈ $125.94 Million |
CN¥60.41 Million ≈ $8.84 Million |
0.070x | -37.52% |
| 2020-12-31 | CN¥348.35 Million ≈ $50.97 Million |
CN¥39.13 Million ≈ $5.73 Million |
0.112x | -4.30% |
| 2019-12-31 | CN¥279.93 Million ≈ $40.96 Million |
CN¥32.86 Million ≈ $4.81 Million |
0.117x | +17.81% |
| 2018-12-31 | CN¥224.89 Million ≈ $32.91 Million |
CN¥22.41 Million ≈ $3.28 Million |
0.100x | -78.25% |
| 2017-12-31 | CN¥97.91 Million ≈ $14.33 Million |
CN¥44.86 Million ≈ $6.56 Million |
0.458x | -- |
About Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd.
Qingdao Hi-Tech Moulds & Plastics Technology Co., Ltd. designs, manufactures, and sells automotive plastic injection tools in China. It offers IP tools, including lower and upper dashboard body, defrosting duct, defrosting grill, paladin dashboards, and other IP products; console tools comprising console, console base, and console assembly products; door panels; glove boxes; and lower and upper p… Read more