Guangzhou Friendship Group Co Ltd (000987) — Cash Flow Quality Index

Latest as of September 2025: 0.95x

Guangzhou Friendship Group Co Ltd (000987) has a Cash Flow Quality Index of 0.95x as of September 2025. Operating cash flow of CN¥1.38 Billion is below net income of CN¥1.45 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore 000987 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.95x
Operating CF / Net Income

Operating Cash Flow

CN¥1.38 Billion
CNY

Net Income

CN¥1.45 Billion
CNY

Data as of

Sep 2025
Most recent filing

Guangzhou Friendship Group Co Ltd Cash Flow Quality Index (1999–2025)

Historical Cash Flow Quality Index for Guangzhou Friendship Group Co Ltd across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 000987 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Guangzhou Friendship Group Co Ltd (1999–2025)

Year-by-year earnings quality comparison for Guangzhou Friendship Group Co Ltd. For live market cap and the full company financial profile, see 000987 market cap overview.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 1.74x CN¥6.14 Billion CN¥3.52 Billion ▼ -71.0%
2024 6.01x CN¥16.44 Billion CN¥2.73 Billion ▲ +49.1%
2023 4.03x CN¥13.39 Billion CN¥3.32 Billion ▲ +1142.1%
2022 -0.39x CN¥-1.34 Billion CN¥3.47 Billion ▲ +82.3%
2021 -2.19x CN¥-7.28 Billion CN¥3.33 Billion ▼ -120.3%
2020 -0.99x CN¥-5.21 Billion CN¥5.25 Billion ▼ -149.1%
2019 2.02x CN¥3.38 Billion CN¥1.67 Billion ▲ +282.3%
2018 0.53x CN¥321.18 Million CN¥607.70 Million ▲ +104.8%
2017 -11.08x CN¥-9.53 Billion CN¥859.63 Million ▼ -72.1%
2016 -6.44x CN¥-5.84 Billion CN¥906.63 Million ▼ -1490.0%
2015 0.46x CN¥106.07 Million CN¥229.06 Million ▲ +114.1%
2014 0.22x CN¥56.82 Million CN¥262.72 Million ▼ -79.1%
2013 1.03x CN¥319.58 Million CN¥308.78 Million ▼ -5.6%
2012 1.10x CN¥418.45 Million CN¥381.53 Million ▼ -44.6%
2011 1.98x CN¥727.27 Million CN¥367.08 Million ▲ +41.6%
2010 1.40x CN¥457.76 Million CN¥327.16 Million ▼ -9.3%
2009 1.54x CN¥439.97 Million CN¥285.15 Million ▲ +26.1%
2008 1.22x CN¥315.22 Million CN¥257.61 Million ▼ -30.0%
2007 1.75x CN¥333.98 Million CN¥191.10 Million ▼ -17.4%
2006 2.11x CN¥298.72 Million CN¥141.26 Million ▼ -3.5%
2005 2.19x CN¥209.31 Million CN¥95.56 Million ▼ -31.4%
2004 3.19x CN¥152.32 Million CN¥47.69 Million ▼ -14.7%
2003 3.75x CN¥150.79 Million CN¥40.26 Million ▲ +37.9%
2002 2.72x CN¥104.29 Million CN¥38.41 Million ▲ +337.3%
2001 0.62x CN¥23.82 Million CN¥38.36 Million ▼ -77.7%
2000 2.79x CN¥105.59 Million CN¥37.90 Million ▲ +60.1%
1999 1.74x CN¥60.99 Million CN¥35.05 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.