Qingdao Daneng Environmental Protection Equipment Co Ltd
Qingdao Daneng Environmental Protection Equipment Co., Ltd. engages in the design, manufacture, and sale of energy-saving and environmental protection equipment in China. The company provides slag energy saving and environmental protection treatment systems, such as dry slag and wet slag, and CFB boiler slag treatment systems; flue gas energy saving and environmental protection treatment systems;… Read more
Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.018x
Based on the latest financial reports, Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) has a cash flow conversion efficiency ratio of -0.018x 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¥-19.64 Million) by net assets (CN¥1.11 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Qingdao Daneng Environmental Protection Equipment Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Qingdao Daneng Environmental Protection Equipment 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.
Qingdao Daneng Environmental Protection Equipment Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Qingdao Daneng Environmental Protection Equipment Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jiangsu Jiuwu Hi-Tech Co Ltd
SHE:300631
|
0.067x |
|
Inst Diagnosti
SN:INDISA
|
0.078x |
|
DongKook Pharmaceutical Co. Ltd
KQ:086450
|
0.015x |
|
Telecom Argentina S.A
PINK:TCMFF
|
0.099x |
|
BOE Varitronix Limited
PINK:VARXF
|
0.113x |
|
Black Diamond Group Limited
OTCQX:BDIMF
|
0.089x |
|
NISSHA CO. LTD.
F:6X8
|
N/A |
|
Dare Technology Co Ltd
SHE:000910
|
0.003x |
Annual Cash Flow Conversion Efficiency for Qingdao Daneng Environmental Protection Equipment Co Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Qingdao Daneng Environmental Protection Equipment Co Ltd from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥995.18 Million | CN¥-185.81 Million | -0.187x | -120355.39% |
| 2023-12-31 | CN¥910.45 Million | CN¥141.36K | 0.000x | -99.80% |
| 2022-12-31 | CN¥825.65 Million | CN¥65.22 Million | 0.079x | +245.54% |
| 2021-12-31 | CN¥770.01 Million | CN¥-41.79 Million | -0.054x | +38.66% |
| 2020-12-31 | CN¥509.53 Million | CN¥-45.08 Million | -0.088x | -41.45% |
| 2019-12-31 | CN¥455.11 Million | CN¥-28.47 Million | -0.063x | -232.64% |
| 2018-12-31 | CN¥407.58 Million | CN¥-7.66 Million | -0.019x | -116.20% |
| 2017-12-31 | CN¥352.13 Million | CN¥40.88 Million | 0.116x | -- |