QC Solar (Suzhou) Co. Ltd. A (301278) - Cash Flow Conversion Efficiency
Based on the latest financial reports, QC Solar (Suzhou) Co. Ltd. A (301278) has a cash flow conversion efficiency ratio of 0.031x as of June 2022. 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¥13.54 Million ≈ $1.98 Million USD) by net assets (CN¥436.68 Million ≈ $63.90 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
QC Solar (Suzhou) Co. Ltd. A - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how QC Solar (Suzhou) Co. Ltd. A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read QC Solar (Suzhou) Co. Ltd. A debt and liabilities for a breakdown of total debt and financial obligations.
QC Solar (Suzhou) Co. Ltd. A Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of QC Solar (Suzhou) Co. Ltd. A ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Clean Energy Fuels Corp
NASDAQ:CLNE
|
0.022x |
|
PVA TePla AG
XETRA:TPE
|
0.002x |
|
Shanghai Weihong Electronic Technology Co Ltd
SHE:300508
|
0.035x |
|
Shanghai Ailu Package Co. Ltd.
SHE:301062
|
N/A |
|
Geron Co Ltd
SHE:002722
|
-0.019x |
|
Shanghai Trendzone Decor Grp
SHG:603030
|
0.052x |
|
Zenitron Corp
TW:3028
|
-0.288x |
|
Organización Cultiba S.A.B. de C.V
MX:CULTIBAB
|
-0.023x |
Annual Cash Flow Conversion Efficiency for QC Solar (Suzhou) Co. Ltd. A (2019–2024)
The table below shows the annual cash flow conversion efficiency of QC Solar (Suzhou) Co. Ltd. A from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see QC Solar (Suzhou) Co. Ltd. A (301278) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.27 Billion ≈ $185.13 Million |
CN¥146.01 Million ≈ $21.37 Million |
0.115x | -37.54% |
| 2023-12-31 | CN¥1.19 Billion ≈ $173.67 Million |
CN¥219.28 Million ≈ $32.09 Million |
0.185x | +149.26% |
| 2022-12-31 | CN¥1.00 Billion ≈ $146.97 Million |
CN¥74.45 Million ≈ $10.89 Million |
0.074x | +46.86% |
| 2021-12-31 | CN¥388.61 Million ≈ $56.87 Million |
CN¥19.61 Million ≈ $2.87 Million |
0.050x | +41.09% |
| 2020-12-31 | CN¥324.12 Million ≈ $47.43 Million |
CN¥11.60 Million ≈ $1.70 Million |
0.036x | -74.75% |
| 2019-12-31 | CN¥276.33 Million ≈ $40.44 Million |
CN¥39.15 Million ≈ $5.73 Million |
0.142x | -- |
About QC Solar (Suzhou) Co. Ltd. A
QC Solar Corporation engages in the research and development, manufacture, and sale of photovoltaic (PV) connection boxes and connectors in China. It offers power semiconductor modules; PV general and smart junction boxes; solar, energy storage, EV, and robotics cables; solar PV, energy storage, and EV connectors and cables harness; and installation tools. The company also provides data computing… Read more