China Railway Group Limited (CNO) — Cash Flow Quality Index

Latest as of June 2023: 0.96x

China Railway Group Limited (CNO) has a Cash Flow Quality Index of 0.96x as of June 2023. Operating cash flow of €8.06 Billion is below net income of €8.36 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore China Railway Group Limited (CNO) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.96x
Operating CF / Net Income

Operating Cash Flow

€8.06 Billion
EUR

Net Income

€8.36 Billion
EUR

Data as of

Jun 2023
Most recent filing

China Railway Group Limited Cash Flow Quality Index (2013–2024)

Historical Cash Flow Quality Index for China Railway Group Limited across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see CNO cash flow metrics.

Annual Cash Flow Quality Index for China Railway Group Limited (2013–2024)

Year-by-year earnings quality comparison for China Railway Group Limited.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2024 1.01x €28.05 Billion €27.89 Billion ▼ -12.2%
2023 1.15x €38.36 Billion €33.48 Billion ▼ -17.7%
2022 1.39x €43.55 Billion €31.28 Billion ▲ +194.3%
2021 0.47x €13.07 Billion €27.62 Billion ▼ -61.5%
2020 1.23x €30.99 Billion €25.19 Billion ▲ +31.3%
2019 0.94x €22.20 Billion €23.68 Billion ▲ +34.8%
2018 0.70x €11.96 Billion €17.20 Billion ▼ -66.4%
2017 2.07x €33.22 Billion €16.07 Billion ▼ -52.5%
2016 4.36x €54.50 Billion €12.51 Billion ▲ +74.7%
2015 2.49x €30.56 Billion €12.26 Billion ▲ +32.8%
2014 1.88x €19.45 Billion €10.36 Billion ▲ +120.0%
2013 0.85x €8.00 Billion €9.37 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.