Qijing Machinery (603677) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Qijing Machinery (603677) has a cash flow conversion efficiency ratio of 0.056x 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¥65.45 Million ≈ $9.58 Million USD) by net assets (CN¥1.17 Billion ≈ $171.11 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market value of Qijing Machinery for the company's overall valuation and market capitalisation.
Qijing Machinery - Cash Flow Conversion Efficiency Trend (2011–2025)
This chart illustrates how Qijing Machinery's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Qijing Machinery Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Qijing Machinery ranked by their cash flow conversion efficiency. Explore Qijing Machinery cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Axis Bank Ltd GDR
IL:AXB
|
N/A |
|
Sejin Heavy Industries Co Ltd
KO:075580
|
0.100x |
|
Shinsung Tngsn
KO:005390
|
0.167x |
|
PHOENIX N AG
SW:PMN
|
0.080x |
|
Muang Thai Insurance Public Company Limited
BK:MTI
|
0.031x |
|
ProKidney Corp.
NASDAQ:PROK
|
-0.181x |
|
Goldiam International Limited
NSE:GOLDIAM
|
-0.029x |
|
Wuhu Fuchun Dye and Weave Co.Ltd.
SHG:605189
|
0.362x |
Annual Cash Flow Conversion Efficiency for Qijing Machinery (2011–2025)
The table below shows the annual cash flow conversion efficiency of Qijing Machinery from 2011 to 2025. View 603677 share price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥1.17 Billion ≈ $170.55 Million |
CN¥29.00 Million ≈ $4.24 Million |
0.025x | -76.93% |
| 2024-12-31 | CN¥1.15 Billion ≈ $168.97 Million |
CN¥124.54 Million ≈ $18.22 Million |
0.108x | -38.89% |
| 2023-12-31 | CN¥1.16 Billion ≈ $169.32 Million |
CN¥204.22 Million ≈ $29.88 Million |
0.176x | +12.53% |
| 2022-12-31 | CN¥1.12 Billion ≈ $163.32 Million |
CN¥175.05 Million ≈ $25.61 Million |
0.157x | +131.93% |
| 2021-12-31 | CN¥1.11 Billion ≈ $161.98 Million |
CN¥74.85 Million ≈ $10.95 Million |
0.068x | -77.31% |
| 2020-12-31 | CN¥1.04 Billion ≈ $151.87 Million |
CN¥309.33 Million ≈ $45.26 Million |
0.298x | +180.93% |
| 2019-12-31 | CN¥1.07 Billion ≈ $157.16 Million |
CN¥113.94 Million ≈ $16.67 Million |
0.106x | +43.06% |
| 2018-12-31 | CN¥1.04 Billion ≈ $152.32 Million |
CN¥77.19 Million ≈ $11.30 Million |
0.074x | +202.38% |
| 2017-12-31 | CN¥887.33 Million ≈ $129.84 Million |
CN¥-64.27 Million ≈ $-9.41 Million |
-0.072x | -129.20% |
| 2016-12-31 | CN¥457.02 Million ≈ $66.88 Million |
CN¥113.37 Million ≈ $16.59 Million |
0.248x | -41.26% |
| 2015-12-31 | CN¥384.24 Million ≈ $56.23 Million |
CN¥162.26 Million ≈ $23.74 Million |
0.422x | +22.53% |
| 2014-12-31 | CN¥319.58 Million ≈ $46.77 Million |
CN¥110.14 Million ≈ $16.12 Million |
0.345x | +143.92% |
| 2013-12-31 | CN¥257.82 Million ≈ $37.73 Million |
CN¥36.43 Million ≈ $5.33 Million |
0.141x | -75.79% |
| 2012-12-31 | CN¥161.41 Million ≈ $23.62 Million |
CN¥94.19 Million ≈ $13.78 Million |
0.584x | +1678.98% |
| 2011-12-31 | CN¥134.61 Million ≈ $19.70 Million |
CN¥-4.97 Million ≈ $-727.97K |
-0.037x | -- |
About Qijing Machinery
Qijing Machinery Co., Ltd. researches and develops, produces, and sells electric tool parts in China. It offers home appliance parts, such as washing machine clutch parts, washing machine injection molding parts, drum washing machine spare parts, and dishwasher parts; auto parts including engine parts, gearbox parts, engineering machinery parts, etc., mainly used in automobile car engines, automo… Read more