Qingdao Gaoce Technology Co Ltd
Qingdao Gaoce Technology Co., Ltd engages in the research, development, manufacture, and sale of cutting equipment for hard and brittle materials and cutting tools in China. The company offers photovoltaic cutting equipment, such as loop cutting machine, single crystal cutting machine, grinding and polishing machine, cutting and grinding machine, edge leather processing solutions, diamond wire sl… Read more
Qingdao Gaoce Technology Co Ltd (688556) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.024x
Based on the latest financial reports, Qingdao Gaoce Technology Co Ltd (688556) has a cash flow conversion efficiency ratio of 0.024x 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¥95.39 Million) by net assets (CN¥3.90 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Qingdao Gaoce Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Qingdao Gaoce Technology 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 Gaoce Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Qingdao Gaoce Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
National Bank Holdings Corporation
NYSE:NBHC
|
0.038x |
|
Daetwyler Holding AG
LSE:0QNJ
|
0.226x |
|
Diagnostyka S.A.
WAR:DIA
|
N/A |
|
Shanghai Junshi Biosciences Co. Ltd
PINK:SHJBF
|
-0.005x |
|
Foreign Trade Bank of Latin America Inc
NYSE:BLX
|
0.838x |
|
Kinnevik Investment AB ser. A
ST:KINV-A
|
-0.002x |
|
Kirloskar Oil Engines Limited
NSE:KIRLOSENG
|
0.104x |
|
Cochin Shipyard Limited
NSE:COCHINSHIP
|
-0.052x |
Annual Cash Flow Conversion Efficiency for Qingdao Gaoce Technology Co Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Qingdao Gaoce Technology Co Ltd from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.68 Billion | CN¥-1.26 Billion | -0.343x | -216.60% |
| 2023-12-31 | CN¥4.06 Billion | CN¥1.19 Billion | 0.294x | +171.22% |
| 2022-12-31 | CN¥2.07 Billion | CN¥224.00 Million | 0.108x | +63.49% |
| 2021-12-31 | CN¥1.15 Billion | CN¥76.50 Million | 0.066x | +1608.56% |
| 2020-12-31 | CN¥984.40 Million | CN¥3.82 Million | 0.004x | -90.02% |
| 2019-12-31 | CN¥393.61 Million | CN¥15.30 Million | 0.039x | +363.61% |
| 2018-12-31 | CN¥216.77 Million | CN¥1.82 Million | 0.008x | +65.42% |
| 2017-12-31 | CN¥163.23 Million | CN¥827.39K | 0.005x | +100.77% |
| 2016-12-31 | CN¥67.18 Million | CN¥-44.51 Million | -0.663x | -2304.85% |
| 2015-12-31 | CN¥65.19 Million | CN¥-1.80 Million | -0.028x | -124.40% |
| 2014-12-31 | CN¥29.99 Million | CN¥3.39 Million | 0.113x | +9.38% |
| 2013-12-31 | CN¥21.73 Million | CN¥2.24 Million | 0.103x | -- |