China Communications Services Corporation Limited (CMW) — Cash Flow Quality Index

Latest as of June 2023: -0.57x

China Communications Services Corporation Limited (CMW) has a Cash Flow Quality Index of -0.57x as of June 2023. Operating cash flow of €-583.00 Million is below net income of €1.02 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore CMW debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.57x
Operating CF / Net Income

Operating Cash Flow

€-583.00 Million
EUR

Net Income

€1.02 Billion
EUR

Data as of

Jun 2023
Most recent filing

China Communications Services Corporation Limited Cash Flow Quality Index (2013–2025)

Historical Cash Flow Quality Index for China Communications Services Corporation Limited across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see China Communications Services Corporatio operating cash flow efficiency.

Annual Cash Flow Quality Index for China Communications Services Corporation Limited (2013–2025)

Year-by-year earnings quality comparison for China Communications Services Corporation Limited.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 0.26x €937.72 Million €3.61 Billion ▼ -84.9%
2024 1.72x €6.22 Billion €3.61 Billion ▲ +15.4%
2023 1.49x €5.36 Billion €3.58 Billion ▲ +2.2%
2022 1.46x €4.91 Billion €3.36 Billion ▲ +2.4%
2021 1.43x €4.51 Billion €3.16 Billion ▼ -19.4%
2020 1.77x €5.45 Billion €3.08 Billion ▲ +12.2%
2019 1.58x €4.81 Billion €3.05 Billion ▲ +7.4%
2018 1.47x €4.26 Billion €2.90 Billion ▼ -42.8%
2017 2.57x €6.96 Billion €2.71 Billion ▲ +23.6%
2016 2.08x €5.27 Billion €2.54 Billion ▲ +3.4%
2015 2.01x €4.69 Billion €2.33 Billion ▲ +168.4%
2014 0.75x €1.61 Billion €2.15 Billion ▲ +421.8%
2013 0.14x €320.94 Million €2.24 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.