Tunghsu Azure Renewable Energy Co Ltd (000040) — Cash Flow Quality Index

Latest as of September 2023: 8.00x

Tunghsu Azure Renewable Energy Co Ltd (000040) has a Cash Flow Quality Index of 8.00x as of September 2023. Operating cash flow of CN¥172.47 Million exceeds net income of CN¥21.55 Million, indicating high earnings quality where cash backs reported profits. Explore Tunghsu Azure Renewable Energy Co Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

8.00x
Operating CF / Net Income

Operating Cash Flow

CN¥172.47 Million
CNY

Net Income

CN¥21.55 Million
CNY

Data as of

Sep 2023
Most recent filing

Tunghsu Azure Renewable Energy Co Ltd Cash Flow Quality Index (2000–2018)

Historical Cash Flow Quality Index for Tunghsu Azure Renewable Energy Co Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Tunghsu Azure Renewable Energy Co Ltd cash conversion from operations.

Annual Cash Flow Quality Index for Tunghsu Azure Renewable Energy Co Ltd (2000–2018)

Year-by-year earnings quality comparison for Tunghsu Azure Renewable Energy Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2018 -3.43x CN¥-3.83 Billion CN¥1.12 Billion ▼ -1321.6%
2017 0.28x CN¥152.75 Million CN¥544.10 Million ▲ +117.4%
2016 -1.62x CN¥-283.36 Million CN¥175.38 Million ▼ -152.5%
2015 3.08x CN¥191.01 Million CN¥62.05 Million ▼ -44.7%
2010 5.56x CN¥537.26 Million CN¥96.59 Million ▲ +64.9%
2009 3.37x CN¥218.93 Million CN¥64.91 Million ▲ +321.4%
2007 0.80x CN¥61.59 Million CN¥76.94 Million ▼ -95.2%
2005 16.63x CN¥258.87 Million CN¥15.57 Million ▲ +28.6%
2004 12.93x CN¥361.58 Million CN¥27.95 Million ▲ +341.7%
2000 2.93x CN¥34.16 Million CN¥11.67 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.