Zotye Automobile Co Ltd (000980) — Cash Flow Quality Index

Latest as of December 2021: -3.97x

Zotye Automobile Co Ltd (000980) has a Cash Flow Quality Index of -3.97x as of December 2021. Operating cash flow of CN¥-1.13 Billion is below net income of CN¥284.64 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Zotye Automobile Co Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-3.97x
Operating CF / Net Income

Operating Cash Flow

CN¥-1.13 Billion
CNY

Net Income

CN¥284.64 Million
CNY

Data as of

Dec 2021
Most recent filing

Zotye Automobile Co Ltd Cash Flow Quality Index (1999–2018)

Historical Cash Flow Quality Index for Zotye Automobile Co Ltd across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Zotye Automobile Co Ltd operating cash flow efficiency.

Annual Cash Flow Quality Index for Zotye Automobile Co Ltd (1999–2018)

Year-by-year earnings quality comparison for Zotye Automobile Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2018 -2.89x CN¥-2.31 Billion CN¥800.76 Million ▼ -36486.0%
2017 0.01x CN¥9.03 Million CN¥1.14 Billion ▲ +112.9%
2016 -0.06x CN¥-5.35 Million CN¥87.15 Million ▼ -102.6%
2015 2.39x CN¥144.93 Million CN¥60.55 Million ▲ +129.9%
2014 -8.01x CN¥-336.82 Million CN¥42.07 Million ▼ -528.0%
2013 1.87x CN¥73.45 Million CN¥39.27 Million ▼ -73.2%
2012 6.99x CN¥197.11 Million CN¥28.20 Million ▲ +197.6%
2011 2.35x CN¥85.01 Million CN¥36.20 Million ▲ +244.6%
2010 -1.62x CN¥-70.79 Million CN¥43.60 Million ▼ -16.3%
2009 -1.40x CN¥-45.53 Million CN¥32.61 Million ▼ -116.7%
2008 8.34x CN¥193.68 Million CN¥23.22 Million ▲ +3730.2%
2007 0.22x CN¥8.50 Million CN¥39.05 Million ▼ -85.1%
2006 1.47x CN¥23.75 Million CN¥16.21 Million ▼ -51.3%
2005 3.01x CN¥31.81 Million CN¥10.57 Million ▲ +54.1%
2004 1.95x CN¥17.46 Million CN¥8.94 Million ▼ -72.7%
2003 7.14x CN¥66.09 Million CN¥9.26 Million ▲ +1214.8%
2000 -0.64x CN¥-24.44 Million CN¥38.17 Million ▼ -186.3%
1999 0.74x CN¥28.39 Million CN¥38.27 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.