Qingdao Richen Food Co Ltd (603755) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Qingdao Richen Food Co Ltd (603755) has a cash flow conversion efficiency ratio of 0.033x 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¥24.65 Million ≈ $3.61 Million USD) by net assets (CN¥749.16 Million ≈ $109.63 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 603755 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Qingdao Richen Food Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Qingdao Richen Food Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Qingdao Richen Food Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Qingdao Richen Food Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
3D Systems Corporation
NYSE:DDD
|
-0.061x |
|
Zhejiang Golden Eagle Co Ltd
SHG:600232
|
0.006x |
|
Ainsworth Game Technology Ltd
AU:AGI
|
-0.022x |
|
Southern States Bancshares Inc
NASDAQ:SSBK
|
0.033x |
|
Volcon Inc
NASDAQ:VLCN
|
-0.265x |
|
Chaun-Choung Technology Corp
TW:6230
|
0.023x |
|
Guizhou Yibai Pharmaceutical Co Ltd
SHG:600594
|
0.015x |
|
Magnetic Resources NL
AU:MAUCA
|
-0.681x |
Annual Cash Flow Conversion Efficiency for Qingdao Richen Food Co Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Qingdao Richen Food Co Ltd from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see Qingdao Richen Food Co Ltd market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥727.90 Million ≈ $106.51 Million |
CN¥86.53 Million ≈ $12.66 Million |
0.119x | +19.25% |
| 2023-12-31 | CN¥701.64 Million ≈ $102.67 Million |
CN¥69.94 Million ≈ $10.24 Million |
0.100x | +26.00% |
| 2022-12-31 | CN¥686.58 Million ≈ $100.47 Million |
CN¥54.32 Million ≈ $7.95 Million |
0.079x | -12.17% |
| 2021-12-31 | CN¥660.91 Million ≈ $96.71 Million |
CN¥59.53 Million ≈ $8.71 Million |
0.090x | -20.38% |
| 2020-12-31 | CN¥608.97 Million ≈ $89.11 Million |
CN¥68.90 Million ≈ $10.08 Million |
0.113x | -20.09% |
| 2019-12-31 | CN¥581.96 Million ≈ $85.16 Million |
CN¥82.40 Million ≈ $12.06 Million |
0.142x | -61.29% |
| 2018-12-31 | CN¥199.03 Million ≈ $29.12 Million |
CN¥72.80 Million ≈ $10.65 Million |
0.366x | -0.24% |
| 2017-12-31 | CN¥164.22 Million ≈ $24.03 Million |
CN¥60.22 Million ≈ $8.81 Million |
0.367x | +23.98% |
| 2016-12-31 | CN¥133.18 Million ≈ $19.49 Million |
CN¥39.39 Million ≈ $5.76 Million |
0.296x | -22.68% |
| 2015-12-31 | CN¥115.59 Million ≈ $16.92 Million |
CN¥44.22 Million ≈ $6.47 Million |
0.383x | +63.16% |
| 2014-12-31 | CN¥103.29 Million ≈ $15.11 Million |
CN¥24.22 Million ≈ $3.54 Million |
0.234x | -- |
About Qingdao Richen Food Co Ltd
Qingdao Richen Food Co.,Ltd. engages in the research and development, production, and sale of compound seasoning and condiments for food processing and catering companies in China. The company offers sauces, liquid and powder seasonings, roast chicken seasoning, coating flour, and coating paste, as well as food additive products that include compound acidity regulator, compound moisture retaining… Read more