Guangzhou Friendship Group Co Ltd (000987) — Cash Flow Quality Index
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 Guangzhou Friendship Group Co Ltd (000987) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see Guangzhou Friendship Group Co Ltd operating cash flow efficiency.
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.
| 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 | — |