Tiangong International Company Limited (34T1) — Cash Flow Quality Index

Latest as of June 2023: 0.70x

Tiangong International Company Limited (34T1) has a Cash Flow Quality Index of 0.70x as of June 2023. Operating cash flow of €76.85 Million is below net income of €109.35 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Tiangong International Company Limited strategic investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.70x
Operating CF / Net Income

Operating Cash Flow

€76.85 Million
EUR

Net Income

€109.35 Million
EUR

Data as of

Jun 2023
Most recent filing

Tiangong International Company Limited Cash Flow Quality Index (2013–2024)

Historical Cash Flow Quality Index for Tiangong International Company Limited across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Tiangong International Company Limited to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Tiangong International Company Limited (2013–2024)

Year-by-year earnings quality comparison for Tiangong International Company Limited. For live market cap and the full company financial profile, see 34T1 stock market capitalisation.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2024 1.30x €501.76 Million €384.65 Million ▲ +850.1%
2023 0.14x €55.13 Million €401.54 Million ▼ -74.0%
2022 0.53x €303.55 Million €575.55 Million ▲ +2226.6%
2021 0.02x €18.57 Million €819.20 Million ▼ -79.1%
2020 0.11x €58.12 Million €537.02 Million ▼ -89.3%
2019 1.01x €398.67 Million €395.15 Million ▼ -67.8%
2018 3.13x €810.90 Million €258.83 Million ▲ +146.4%
2017 1.27x €215.01 Million €169.10 Million ▼ -71.6%
2016 4.47x €494.77 Million €110.57 Million ▼ -48.6%
2015 8.71x €632.53 Million €72.62 Million ▲ +613.0%
2014 1.22x €566.20 Million €463.47 Million ▲ +558.9%
2013 0.19x €87.09 Million €469.73 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.