Raytech Holding Limited Ordinary Shares (RAY) — Cash Flow Quality Index
Raytech Holding Limited Ordinary Shares (RAY) has a Cash Flow Quality Index of 0.33x as of September 2025. Operating cash flow of $1.54 Million is below net income of $4.73 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore balance sheet size of Raytech Holding Limited Ordinary Shares for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Raytech Holding Limited Ordinary Shares Cash Flow Quality Index (2021–2025)
Historical Cash Flow Quality Index for Raytech Holding Limited Ordinary Shares across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Raytech Holding Limited Ordinary Shares tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Raytech Holding Limited Ordinary Shares (2021–2025)
Year-by-year earnings quality comparison for Raytech Holding Limited Ordinary Shares. For live market cap and the full company financial profile, see RAY market cap.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.75x | $6.22 Million | $8.27 Million | ▼ -52.5% |
| 2024 | 1.58x | $15.75 Million | $9.94 Million | ▼ -9.0% |
| 2023 | 1.74x | $10.96 Million | $6.29 Million | ▲ +99.8% |
| 2022 | 0.87x | $8.23 Million | $9.44 Million | ▼ -26.8% |
| 2021 | 1.19x | $6.70 Million | $5.62 Million | — |