Qingdao Gaoce Technology Co Ltd (688556) - Cash Flow Conversion Efficiency
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 ≈ $13.96 Million USD) by net assets (CN¥3.90 Billion ≈ $571.03 Million USD). 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. Read Qingdao Gaoce Technology Co Ltd (688556) financial obligations for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Zhe Jiang Dali Technology Co Ltd
SHE:002214
|
0.049x |
|
BEML Limited
NSE:BEML
|
-0.087x |
|
FRIEDR.VORW.GRP. ADR/025
F:VH20
|
N/A |
|
Beijing Gehua CATV Network Co Ltd
SHG:600037
|
-0.005x |
|
Zen Technologies Limited
NSE:ZENTEC
|
-0.079x |
|
Gudeng Precision Industrial Co Ltd
TWO:3680
|
0.012x |
|
Montana Aerospace AG
SW:AERO
|
0.050x |
|
PT Sarana Menara
JK:TOWR
|
0.152x |
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. For the full company profile with market capitalisation and key ratios, see 688556 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.68 Billion ≈ $538.54 Million |
CN¥-1.26 Billion ≈ $-184.56 Million |
-0.343x | -216.60% |
| 2023-12-31 | CN¥4.06 Billion ≈ $594.40 Million |
CN¥1.19 Billion ≈ $174.70 Million |
0.294x | +171.22% |
| 2022-12-31 | CN¥2.07 Billion ≈ $302.47 Million |
CN¥224.00 Million ≈ $32.78 Million |
0.108x | +63.49% |
| 2021-12-31 | CN¥1.15 Billion ≈ $168.88 Million |
CN¥76.50 Million ≈ $11.19 Million |
0.066x | +1608.56% |
| 2020-12-31 | CN¥984.40 Million ≈ $144.05 Million |
CN¥3.82 Million ≈ $558.82K |
0.004x | -90.02% |
| 2019-12-31 | CN¥393.61 Million ≈ $57.60 Million |
CN¥15.30 Million ≈ $2.24 Million |
0.039x | +363.61% |
| 2018-12-31 | CN¥216.77 Million ≈ $31.72 Million |
CN¥1.82 Million ≈ $265.96K |
0.008x | +65.42% |
| 2017-12-31 | CN¥163.23 Million ≈ $23.89 Million |
CN¥827.39K ≈ $121.07K |
0.005x | +100.77% |
| 2016-12-31 | CN¥67.18 Million ≈ $9.83 Million |
CN¥-44.51 Million ≈ $-6.51 Million |
-0.663x | -2304.85% |
| 2015-12-31 | CN¥65.19 Million ≈ $9.54 Million |
CN¥-1.80 Million ≈ $-262.83K |
-0.028x | -124.40% |
| 2014-12-31 | CN¥29.99 Million ≈ $4.39 Million |
CN¥3.39 Million ≈ $495.53K |
0.113x | +9.38% |
| 2013-12-31 | CN¥21.73 Million ≈ $3.18 Million |
CN¥2.24 Million ≈ $328.21K |
0.103x | -- |
About 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