Qijing Machinery (603677) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.056x

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 Qijing Machinery defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Altshuler Shaham Financial LTD TA:ALTF	0.052x
MCBC Holdings Inc NASDAQ:MCFT	0.025x
Gourmet Master Co Ltd TW:2723	0.067x
Shandong Sinobioway Biomedicine Co Ltd SHE:002581	-0.043x
Wuhu Fuchun Dye and Weave Co.Ltd. SHG:605189	0.362x
Matrix Service Co NASDAQ:MTRX	0.245x
Cambi ASA OL:CAMBI	0.588x
I.C.C. International Public Company Limited BK:ICC	0.007x

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 market value of Qijing Machinery.

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

SHG:603677 China Auto Parts

Market Cap

$379.07 Million

CN¥2.59 Billion CNY

Market Cap Rank

#13815 Global

#4138 in China

Share Price

CN¥13.45

Change (1 day)

-2.89%

52-Week Range

CN¥13.45 - CN¥21.25

All Time High

CN¥149.16