Qingdao Daneng Environmental Protection Equipment Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2025: -0.018x

Qingdao Daneng Environmental Protection Equipment Co Ltd cash flow conversion efficiency. 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 ≈ $-2.87 Million USD) by net assets (CN¥1.11 Billion ≈ $162.43 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Qingdao Daneng Environmental Protection Equipment Co Ltd (2017–2025)

Cash flow conversion efficiency of Qingdao Daneng Environmental Protection Equipment Co Ltd from 2017 to 2025. 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. View 688501 share price today for real-time trading data and today's change.

Qingdao Daneng Environmental Protection Equipment Co Ltd Cash Flow Conversion Ratio Explained

Qingdao Daneng Environmental Protection Equipment Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Qingdao Daneng Environmental Protection market cap and net worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Cricut Inc NASDAQ:CRCT	0.240x
Shenzhen Prolto Supply Chain Management Co Ltd SHE:002769	0.059x
Agencia Comercial Spirits Ltd Class A Ordinary Shares NASDAQ:AGCC	N/A
R Systems International Limited NSE:RSYSTEMS	0.124x
Hunan Investment Group Co Ltd SHE:000548	0.015x
Gaumont SA PA:GAM	0.263x
Beijing Transtrue Technology Inc SHE:002771	0.002x
Kec Corporation KO:092220	-0.006x

Annual Cash Flow Conversion Efficiency for Qingdao Daneng Environmental Protection Equipment Co Ltd (2017–2025)

The table below shows the annual cash flow conversion efficiency of Qingdao Daneng Environmental Protection Equipment Co Ltd from 2017 to 2025. Review 688501 free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥1.16 Billion ≈ $170.30 Million	CN¥80.89 Million ≈ $11.84 Million	0.070x	+137.23%
2024-12-31	CN¥995.18 Million ≈ $145.63 Million	CN¥-185.81 Million ≈ $-27.19 Million	-0.187x	-120355.39%
2023-12-31	CN¥910.45 Million ≈ $133.23 Million	CN¥141.36K ≈ $20.69K	0.000x	-99.80%
2022-12-31	CN¥825.65 Million ≈ $120.82 Million	CN¥65.22 Million ≈ $9.54 Million	0.079x	+245.54%
2021-12-31	CN¥770.01 Million ≈ $112.68 Million	CN¥-41.79 Million ≈ $-6.12 Million	-0.054x	+38.66%
2020-12-31	CN¥509.53 Million ≈ $74.56 Million	CN¥-45.08 Million ≈ $-6.60 Million	-0.088x	-41.45%
2019-12-31	CN¥455.11 Million ≈ $66.60 Million	CN¥-28.47 Million ≈ $-4.17 Million	-0.063x	-232.64%
2018-12-31	CN¥407.58 Million ≈ $59.64 Million	CN¥-7.66 Million ≈ $-1.12 Million	-0.019x	-116.20%
2017-12-31	CN¥352.13 Million ≈ $51.53 Million	CN¥40.88 Million ≈ $5.98 Million	0.116x	--

About Qingdao Daneng Environmental Protection Equipment Co Ltd

SHG:688501 China Specialty Industrial Machinery

Market Cap

$317.86 Million

CN¥2.17 Billion CNY

Market Cap Rank

#14240 Global

#4204 in China

Share Price

CN¥12.49

Change (1 day)

-2.27%

52-Week Range

CN¥12.22 - CN¥29.83

All Time High

CN¥32.70