Shandong Oriental Ocean Sci-Tech Co Ltd (002086) — Cash Flow Quality Index

Latest as of December 2023: 0.01x

Shandong Oriental Ocean Sci-Tech Co Ltd (002086) has a Cash Flow Quality Index of 0.01x as of December 2023. Operating cash flow of CN¥26.61 Million is below net income of CN¥1.80 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Shandong Oriental Ocean Sci-Tech Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.01x
Operating CF / Net Income

Operating Cash Flow

CN¥26.61 Million
CNY

Net Income

CN¥1.80 Billion
CNY

Data as of

Dec 2023
Most recent filing

Shandong Oriental Ocean Sci-Tech Co Ltd Cash Flow Quality Index (2003–2023)

Historical Cash Flow Quality Index for Shandong Oriental Ocean Sci-Tech Co Ltd across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 002086 operating cash flow.

Annual Cash Flow Quality Index for Shandong Oriental Ocean Sci-Tech Co Ltd (2003–2023)

Year-by-year earnings quality comparison for Shandong Oriental Ocean Sci-Tech Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 -0.03x CN¥-46.19 Million CN¥1.75 Billion ▼ -105.4%
2017 0.49x CN¥59.55 Million CN¥121.32 Million ▼ -69.1%
2016 1.59x CN¥117.44 Million CN¥73.84 Million ▲ +0.5%
2015 1.58x CN¥79.65 Million CN¥50.32 Million ▲ +258.4%
2014 -1.00x CN¥-43.54 Million CN¥43.59 Million ▼ -267.1%
2013 0.60x CN¥35.18 Million CN¥58.84 Million ▼ -47.7%
2012 1.14x CN¥116.26 Million CN¥101.75 Million ▲ +156.4%
2011 0.45x CN¥42.55 Million CN¥95.50 Million ▲ +42.9%
2010 0.31x CN¥22.87 Million CN¥73.36 Million ▼ -82.0%
2009 1.73x CN¥95.55 Million CN¥55.30 Million ▲ +198.1%
2008 -1.76x CN¥-82.77 Million CN¥47.01 Million ▲ +30.1%
2007 -2.52x CN¥-99.03 Million CN¥39.29 Million ▼ -284.5%
2006 1.37x CN¥44.14 Million CN¥32.31 Million ▲ +33.8%
2005 1.02x CN¥29.00 Million CN¥28.40 Million ▼ -9.2%
2004 1.12x CN¥27.33 Million CN¥24.31 Million ▲ +134.6%
2003 -3.25x CN¥-39.38 Million CN¥12.11 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.