Qingdao Doublestar Co Ltd (000599) — Cash Flow Quality Index

Latest as of December 2023: 20.19x

Qingdao Doublestar Co Ltd (000599) has a Cash Flow Quality Index of 20.19x as of December 2023. Operating cash flow of CN¥172.61 Million exceeds net income of CN¥8.55 Million, indicating high earnings quality where cash backs reported profits. Explore 000599 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

20.19x
Operating CF / Net Income

Operating Cash Flow

CN¥172.61 Million
CNY

Net Income

CN¥8.55 Million
CNY

Data as of

Dec 2023
Most recent filing

Qingdao Doublestar Co Ltd Cash Flow Quality Index (1998–2018)

Historical Cash Flow Quality Index for Qingdao Doublestar Co Ltd across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Qingdao Doublestar Co Ltd.

Annual Cash Flow Quality Index for Qingdao Doublestar Co Ltd (1998–2018)

Year-by-year earnings quality comparison for Qingdao Doublestar Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2018 -7.93x CN¥-229.03 Million CN¥28.88 Million ▼ -32.8%
2017 -5.97x CN¥-609.04 Million CN¥101.96 Million ▼ -1685.1%
2016 0.38x CN¥29.36 Million CN¥77.92 Million ▼ -82.0%
2015 2.10x CN¥124.21 Million CN¥59.20 Million ▼ -78.0%
2014 9.54x CN¥554.70 Million CN¥58.17 Million ▼ -44.6%
2013 17.21x CN¥475.97 Million CN¥27.66 Million ▲ +32.0%
2012 13.03x CN¥273.67 Million CN¥21.00 Million ▲ +142.7%
2011 5.37x CN¥193.74 Million CN¥36.08 Million ▲ +114.2%
2010 2.51x CN¥91.36 Million CN¥36.44 Million ▲ +79.1%
2009 1.40x CN¥374.03 Million CN¥267.27 Million ▼ -33.5%
2007 2.10x CN¥186.98 Million CN¥88.89 Million ▼ -32.1%
2006 3.10x CN¥127.54 Million CN¥41.19 Million ▼ -2.7%
2005 3.18x CN¥196.53 Million CN¥61.76 Million ▼ -20.3%
2004 3.99x CN¥171.45 Million CN¥42.96 Million ▲ +474.6%
2003 -1.07x CN¥-58.85 Million CN¥55.24 Million ▼ -217.7%
2002 0.90x CN¥50.74 Million CN¥56.08 Million ▼ -54.3%
2001 1.98x CN¥107.37 Million CN¥54.24 Million ▲ +29.7%
2000 1.53x CN¥52.89 Million CN¥34.66 Million ▲ +66.9%
1999 0.91x CN¥44.23 Million CN¥48.38 Million ▲ +2362.4%
1998 -0.04x CN¥-1.68 Million CN¥41.63 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.