Hefei Changqing Machinery Co Ltd (603768) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-1.37 Million USD) by net assets (CN¥2.35 Billion ≈ $343.86 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 debt-free asset ratio of Hefei Changqing Machinery Co Ltd to measure how much of total assets are equity-financed.

Hefei Changqing Machinery Co Ltd - Cash Flow Conversion Efficiency Trend (2012–2025)

This chart illustrates how Hefei Changqing Machinery Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Hefei Changqing Machinery Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Changsha Tongcheng Holdings Co Ltd SHE:000419	0.083x
Hangzhou TianMuShan Pharmaceutical Enterprise Co Ltd SHG:600671	-0.206x
Zedcor Energy V:ZDC	0.031x
K & S Corporation Ltd AU:KSC	0.075x
BP p.l.c LSE:BP-B	0.103x
Raisio Oyj Vaihto-osake HE:RAIVV	0.032x
Tadiran Hldg TA:TDRN	0.023x
Shanghai Rychen Technologies Co. Ltd. A SHE:301273	N/A

Annual Cash Flow Conversion Efficiency for Hefei Changqing Machinery Co Ltd (2012–2025)

The table below shows the annual cash flow conversion efficiency of Hefei Changqing Machinery Co Ltd from 2012 to 2025. For the full company profile with market capitalisation and key ratios, see 603768 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥2.19 Billion ≈ $320.23 Million	CN¥-180.78 Million ≈ $-26.45 Million	-0.083x	-6242.48%
2024-12-31	CN¥2.43 Billion ≈ $355.84 Million	CN¥-3.17 Million ≈ $-463.45K	-0.001x	+91.70%
2023-12-31	CN¥2.00 Billion ≈ $292.28 Million	CN¥-31.35 Million ≈ $-4.59 Million	-0.016x	+75.82%
2022-12-31	CN¥1.89 Billion ≈ $275.87 Million	CN¥-122.38 Million ≈ $-17.91 Million	-0.065x	-447.86%
2021-12-31	CN¥1.80 Billion ≈ $263.53 Million	CN¥-21.34 Million ≈ $-3.12 Million	-0.012x	-2921.51%
2020-12-31	CN¥1.76 Billion ≈ $258.18 Million	CN¥-691.89K ≈ $-101.24K	0.000x	+99.58%
2019-12-31	CN¥1.70 Billion ≈ $248.29 Million	CN¥-158.34 Million ≈ $-23.17 Million	-0.093x	-912.45%
2018-12-31	CN¥1.70 Billion ≈ $248.28 Million	CN¥-15.64 Million ≈ $-2.29 Million	-0.009x	-97.39%
2017-12-31	CN¥1.66 Billion ≈ $242.50 Million	CN¥-7.74 Million ≈ $-1.13 Million	-0.005x	-106.39%
2016-12-31	CN¥745.93 Million ≈ $109.15 Million	CN¥54.51 Million ≈ $7.98 Million	0.073x	-57.32%
2015-12-31	CN¥597.57 Million ≈ $87.44 Million	CN¥102.31 Million ≈ $14.97 Million	0.171x	-52.20%
2014-12-31	CN¥520.40 Million ≈ $76.15 Million	CN¥186.40 Million ≈ $27.28 Million	0.358x	+507.27%
2013-12-31	CN¥454.09 Million ≈ $66.45 Million	CN¥-39.94 Million ≈ $-5.84 Million	-0.088x	-164.00%
2012-12-31	CN¥331.60 Million ≈ $48.52 Million	CN¥45.57 Million ≈ $6.67 Million	0.137x	--

About Hefei Changqing Machinery Co Ltd

SHG:603768 China Auto Parts

Market Cap

$389.64 Million

CN¥2.66 Billion CNY

Market Cap Rank

#13558 Global

#4028 in China

Share Price

CN¥11.19

Change (1 day)

+1.18%

52-Week Range

CN¥9.13 - CN¥13.22

All Time High

CN¥42.62