Hefei Changqing Machinery Co Ltd
Changqing Machinery Company Limited produces and sells stamping and welding parts for automobile parts primarily in China. The company offers powertrain, chassis, and body products and accessories; and electronic appliances, molds, and general parts. Its products are used in passenger cars, commercial vehicles, and other vehicles. Changqing Machinery Company Limited was founded in 2004 and is bas… Read more
Hefei Changqing Machinery Co Ltd (603768) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.004x
Based on the latest financial reports, Hefei Changqing Machinery Co Ltd (603768) has a cash flow conversion efficiency ratio of -0.004x 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¥-9.39 Million) by net assets (CN¥2.35 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hefei Changqing Machinery Co Ltd - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Hefei Changqing Machinery Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hefei Changqing Machinery Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hefei Changqing Machinery Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Weihai Baihe Biology Technological Co. Ltd.
SHG:603102
|
N/A |
|
Shenyang Cuihua Gold and Silver Jewelry Co Ltd
SHE:002731
|
0.045x |
|
Albatron Technology Co Ltd
TWO:5386
|
0.357x |
|
VIVO Cannabis Inc
PINK:ABCCF
|
-0.028x |
|
GTL Infrastructure Limited
NSE:GTLINFRA
|
-0.034x |
|
Limes Schlosskliniken AG
XETRA:LIK
|
0.135x |
|
Comintel Corporation Berhad
KLSE:7195
|
0.117x |
|
Draganfly Inc
NASDAQ:DPRO
|
-0.067x |
Annual Cash Flow Conversion Efficiency for Hefei Changqing Machinery Co Ltd (2012–2024)
The table below shows the annual cash flow conversion efficiency of Hefei Changqing Machinery Co Ltd from 2012 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.43 Billion | CN¥-3.17 Million | -0.001x | +91.70% |
| 2023-12-31 | CN¥2.00 Billion | CN¥-31.35 Million | -0.016x | +75.82% |
| 2022-12-31 | CN¥1.89 Billion | CN¥-122.38 Million | -0.065x | -447.86% |
| 2021-12-31 | CN¥1.80 Billion | CN¥-21.34 Million | -0.012x | -2921.51% |
| 2020-12-31 | CN¥1.76 Billion | CN¥-691.89K | 0.000x | +99.58% |
| 2019-12-31 | CN¥1.70 Billion | CN¥-158.34 Million | -0.093x | -912.45% |
| 2018-12-31 | CN¥1.70 Billion | CN¥-15.64 Million | -0.009x | -97.39% |
| 2017-12-31 | CN¥1.66 Billion | CN¥-7.74 Million | -0.005x | -106.39% |
| 2016-12-31 | CN¥745.93 Million | CN¥54.51 Million | 0.073x | -57.32% |
| 2015-12-31 | CN¥597.57 Million | CN¥102.31 Million | 0.171x | -52.20% |
| 2014-12-31 | CN¥520.40 Million | CN¥186.40 Million | 0.358x | +507.27% |
| 2013-12-31 | CN¥454.09 Million | CN¥-39.94 Million | -0.088x | -164.00% |
| 2012-12-31 | CN¥331.60 Million | CN¥45.57 Million | 0.137x | -- |