Tsingtao Brewery Co Ltd (600600) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.032x

Based on the latest financial reports, Tsingtao Brewery Co Ltd (600600) has a cash flow conversion efficiency ratio of 0.032x 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¥1.03 Billion ≈ $150.37 Million USD) by net assets (CN¥32.20 Billion ≈ $4.71 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See 600600 equity to assets ratio to measure how much of total assets are equity-financed.

Tsingtao Brewery Co Ltd - Cash Flow Conversion Efficiency Trend (1998–2024)

This chart illustrates how Tsingtao Brewery Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Tsingtao Brewery Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Tsingtao Brewery Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Tsingtao Brewery Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Vipshop Holdings Limited F:1VPA	N/A
Yanzhou Coal Mining Company Limited F:YZC	0.000x
Inner Mongolia Dazhong Mining Co Ltd SHE:001203	0.060x
Samsung Engineering KO:028050	-0.059x
Hoshine Silicon Ind Co Ltd SHG:603260	0.007x
CNOOC Energy Technology & Services Ltd SHG:600968	0.156x
MEIJI HLD.UN.ADR 1/4 O.N. F:3M00	N/A
QuantumCTek Co Ltd SHG:688027	-0.008x

Annual Cash Flow Conversion Efficiency for Tsingtao Brewery Co Ltd (1998–2024)

The table below shows the annual cash flow conversion efficiency of Tsingtao Brewery Co Ltd from 1998 to 2024. For the full company profile with market capitalisation and key ratios, see 600600 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥29.86 Billion ≈ $4.37 Billion	CN¥5.15 Billion ≈ $754.29 Million	0.173x	+75.61%
2023-12-31	CN¥28.25 Billion ≈ $4.13 Billion	CN¥2.78 Billion ≈ $406.45 Million	0.098x	-47.06%
2022-12-31	CN¥26.27 Billion ≈ $3.84 Billion	CN¥4.88 Billion ≈ $713.92 Million	0.186x	-26.88%
2021-12-31	CN¥23.79 Billion ≈ $3.48 Billion	CN¥6.04 Billion ≈ $884.30 Million	0.254x	+9.56%
2020-12-31	CN¥21.37 Billion ≈ $3.13 Billion	CN¥4.95 Billion ≈ $724.84 Million	0.232x	+14.93%
2019-12-31	CN¥19.91 Billion ≈ $2.91 Billion	CN¥4.02 Billion ≈ $587.75 Million	0.202x	-5.57%
2018-12-31	CN¥18.69 Billion ≈ $2.73 Billion	CN¥3.99 Billion ≈ $584.16 Million	0.214x	+64.19%
2017-12-31	CN¥17.77 Billion ≈ $2.60 Billion	CN¥2.31 Billion ≈ $338.35 Million	0.130x	-26.09%
2016-12-31	CN¥16.88 Billion ≈ $2.47 Billion	CN¥2.97 Billion ≈ $434.73 Million	0.176x	+10.52%
2015-12-31	CN¥16.17 Billion ≈ $2.37 Billion	CN¥2.57 Billion ≈ $376.74 Million	0.159x	+44.01%
2014-12-31	CN¥15.29 Billion ≈ $2.24 Billion	CN¥1.69 Billion ≈ $247.39 Million	0.111x	-54.89%
2013-12-31	CN¥13.87 Billion ≈ $2.03 Billion	CN¥3.40 Billion ≈ $497.70 Million	0.245x	+0.98%
2012-12-31	CN¥12.78 Billion ≈ $1.87 Billion	CN¥3.10 Billion ≈ $454.15 Million	0.243x	+46.23%
2011-12-31	CN¥11.28 Billion ≈ $1.65 Billion	CN¥1.87 Billion ≈ $273.98 Million	0.166x	-50.86%
2010-12-31	CN¥9.72 Billion ≈ $1.42 Billion	CN¥3.28 Billion ≈ $480.56 Million	0.338x	-13.92%
2009-12-31	CN¥8.56 Billion ≈ $1.25 Billion	CN¥3.36 Billion ≈ $491.82 Million	0.392x	+66.87%
2008-12-31	CN¥6.42 Billion ≈ $939.10 Million	CN¥1.51 Billion ≈ $220.89 Million	0.235x	+28.74%
2007-12-31	CN¥5.99 Billion ≈ $876.28 Million	CN¥1.09 Billion ≈ $160.10 Million	0.183x	-6.64%
2006-12-31	CN¥5.76 Billion ≈ $843.31 Million	CN¥1.13 Billion ≈ $165.04 Million	0.196x	-7.61%
2005-12-31	CN¥5.57 Billion ≈ $815.54 Million	CN¥1.18 Billion ≈ $172.76 Million	0.212x	-31.56%
2004-12-31	CN¥4.18 Billion ≈ $612.00 Million	CN¥1.29 Billion ≈ $189.41 Million	0.309x	+13.30%
2003-12-31	CN¥4.17 Billion ≈ $609.57 Million	CN¥1.14 Billion ≈ $166.52 Million	0.273x	-10.55%
2002-12-31	CN¥3.62 Billion ≈ $529.95 Million	CN¥1.11 Billion ≈ $161.84 Million	0.305x	+109.91%
2001-12-31	CN¥3.64 Billion ≈ $532.96 Million	CN¥529.89 Million ≈ $77.54 Million	0.145x	+20.23%
2000-12-31	CN¥2.76 Billion ≈ $404.02 Million	CN¥334.10 Million ≈ $48.89 Million	0.121x	-0.53%
1999-12-31	CN¥2.53 Billion ≈ $370.13 Million	CN¥307.72 Million ≈ $45.03 Million	0.122x	+62.20%
1998-12-31	CN¥2.32 Billion ≈ $339.70 Million	CN¥174.12 Million ≈ $25.48 Million	0.075x	--

About Tsingtao Brewery Co Ltd

SHG:600600 China Beverages - Brewers

Market Cap

$5.81 Billion

CN¥39.71 Billion CNY

Market Cap Rank

#3218 Global

#407 in China

Share Price

CN¥56.00

Change (1 day)

-2.52%

52-Week Range

CN¥51.59 - CN¥69.78

All Time High

CN¥122.78