Nine Dragons Paper (Holdings) Limited (N3Y) — Cash Flow Quality Index

Latest as of June 2022: -0.32x

Nine Dragons Paper (Holdings) Limited (N3Y) has a Cash Flow Quality Index of -0.32x as of June 2022. Operating cash flow of €-78.86 Million is below net income of €250.32 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Nine Dragons Paper (Holdings) Limited long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-0.32x
Operating CF / Net Income

Operating Cash Flow

€-78.86 Million
EUR

Net Income

€250.32 Million
EUR

Data as of

Jun 2022
Most recent filing

Nine Dragons Paper (Holdings) Limited Cash Flow Quality Index (2014–2024)

Historical Cash Flow Quality Index for Nine Dragons Paper (Holdings) Limited across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Nine Dragons Paper (Holdings) Limited to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Nine Dragons Paper (Holdings) Limited (2014–2024)

Year-by-year earnings quality comparison for Nine Dragons Paper (Holdings) Limited. For live market cap and the full company financial profile, see market cap of Nine Dragons Paper (Holdings) Limited.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2024 -1.06x €-794.20 Million €750.68 Million ▼ -214.3%
2022 0.93x €3.03 Billion €3.28 Billion ▲ +161.1%
2021 0.35x €2.52 Billion €7.10 Billion ▼ -83.5%
2020 2.15x €8.95 Billion €4.17 Billion ▼ -6.9%
2019 2.31x €8.94 Billion €3.88 Billion ▲ +115.4%
2018 1.07x €8.40 Billion €7.85 Billion ▲ +33.6%
2017 0.80x €3.51 Billion €4.38 Billion ▼ -86.1%
2016 5.76x €6.46 Billion €1.12 Billion ▲ +45.0%
2015 3.97x €5.61 Billion €1.41 Billion ▲ +100.2%
2014 1.98x €3.48 Billion €1.76 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.