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.
Qijing Machinery - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Qijing Machinery's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 603677 total debt and obligations for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Atea Pharmaceuticals Inc
NASDAQ:AVIR
|
-0.102x |
|
Blockchain Group SA
PA:ALTBG
|
0.070x |
|
Gevo Inc
NASDAQ:GEVO
|
-0.014x |
|
Hangzhou Coco Healthcare Products Co.Ltd.
SHE:301009
|
-0.012x |
|
Xinjiang Torch Gas Co Ltd
SHG:603080
|
0.083x |
|
ChoiceOne Financial Services Inc
NASDAQ:COFS
|
0.027x |
|
BHG Group AB (publ)
ST:BHG
|
0.003x |
|
Guangdong New Grand Long Packing Co Ltd
SHE:002836
|
-0.088x |
Annual Cash Flow Conversion Efficiency for Qijing Machinery (2011–2024)
The table below shows the annual cash flow conversion efficiency of Qijing Machinery from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Qijing Machinery.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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, gearbo… Read more