Northeast Securities Co Ltd (000686) — Cash Flow Quality Index

Latest as of June 2026: -0.75x

Northeast Securities Co Ltd (000686) has a Cash Flow Quality Index of -0.75x as of June 2026. Operating cash flow of CN¥-266.48 Million is below net income of CN¥353.98 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 000686 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.75x
Operating CF / Net Income

Operating Cash Flow

CN¥-266.48 Million
CNY

Net Income

CN¥353.98 Million
CNY

Data as of

Jun 2026
Most recent filing

Northeast Securities Co Ltd Cash Flow Quality Index (1998–2025)

Historical Cash Flow Quality Index for Northeast Securities Co Ltd across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Northeast Securities Co Ltd.

Annual Cash Flow Quality Index for Northeast Securities Co Ltd (1998–2025)

Year-by-year earnings quality comparison for Northeast Securities Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 0.69x CN¥1.00 Billion CN¥1.45 Billion ▼ -94.1%
2024 11.79x CN¥10.94 Billion CN¥927.95 Million ▲ +518.6%
2023 -2.82x CN¥-1.88 Billion CN¥668.45 Million ▼ -128.3%
2022 9.96x CN¥2.71 Billion CN¥272.48 Million ▲ +294.3%
2021 2.53x CN¥4.31 Billion CN¥1.71 Billion ▲ +59.9%
2020 1.58x CN¥2.32 Billion CN¥1.47 Billion ▼ -78.9%
2019 7.50x CN¥7.83 Billion CN¥1.04 Billion ▲ +427.3%
2018 -2.29x CN¥-715.06 Million CN¥311.95 Million ▼ -135.8%
2017 6.41x CN¥4.50 Billion CN¥702.70 Million ▲ +153.8%
2016 -11.91x CN¥-16.23 Billion CN¥1.36 Billion ▼ -720.5%
2015 -1.45x CN¥-3.91 Billion CN¥2.69 Billion ▼ -167.1%
2014 2.17x CN¥2.33 Billion CN¥1.07 Billion ▲ +144.1%
2013 -4.91x CN¥-2.37 Billion CN¥483.16 Million ▲ +77.2%
2012 -21.49x CN¥-3.25 Billion CN¥151.23 Million ▼ -3186.5%
2010 -0.65x CN¥-344.94 Million CN¥527.53 Million ▼ -109.2%
2009 7.13x CN¥6.51 Billion CN¥912.88 Million ▲ +181.2%
2008 -8.77x CN¥-3.60 Billion CN¥409.97 Million ▼ -243.7%
2007 6.10x CN¥6.80 Billion CN¥1.11 Billion ▼ -79.3%
2006 29.53x CN¥2.52 Billion CN¥85.30 Million ▲ +1391.6%
2005 1.98x CN¥34.29 Million CN¥17.32 Million ▼ -42.9%
2004 3.47x CN¥51.99 Million CN¥15.00 Million ▲ +1764.8%
2003 -0.21x CN¥-2.17 Million CN¥10.43 Million ▼ -103.5%
2002 6.02x CN¥56.72 Million CN¥9.41 Million ▲ +108.9%
2001 2.88x CN¥34.44 Million CN¥11.94 Million ▲ +549.8%
2000 0.44x CN¥10.83 Million CN¥24.40 Million ▲ +19.4%
1999 0.37x CN¥14.84 Million CN¥39.92 Million ▲ +183.4%
1998 -0.45x CN¥-15.75 Million CN¥35.33 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.