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. See 603677 equity financing ratio to measure how much of total assets are equity-financed.
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. Check Qijing Machinery (603677) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Qijing Machinery Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Qijing Machinery ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Robo.ai Inc.
NASDAQ:AIIO
|
0.060x |
|
Metrodata Electronics Tbk
JK:MTDL
|
-0.162x |
|
Lanner Electronics
TWO:6245
|
0.034x |
|
Jahwa Electron
KO:033240
|
0.032x |
|
Larimar Therapeutics Inc
NASDAQ:LRMR
|
-0.282x |
|
Joy Kie Corporation Limited.
SHE:300994
|
0.052x |
|
Jinling Hotel Corp Ltd
SHG:601007
|
0.053x |
|
Jacquet Metal Service SA
PA:JCQ
|
0.059x |
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. For the full company profile with market capitalisation and key ratios, see Qijing Machinery stock valuation.
| 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