Shenzhen Topraysolar Co Ltd (002218) — Cash Flow Quality Index

Latest as of September 2024: 15.36x

Shenzhen Topraysolar Co Ltd (002218) has a Cash Flow Quality Index of 15.36x as of September 2024. Operating cash flow of CN¥132.91 Million exceeds net income of CN¥8.66 Million, indicating high earnings quality where cash backs reported profits. Explore Shenzhen Topraysolar Co Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

15.36x
Operating CF / Net Income

Operating Cash Flow

CN¥132.91 Million
CNY

Net Income

CN¥8.66 Million
CNY

Data as of

Sep 2024
Most recent filing

Shenzhen Topraysolar Co Ltd Cash Flow Quality Index (2004–2024)

Historical Cash Flow Quality Index for Shenzhen Topraysolar Co Ltd across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Shenzhen Topraysolar Co Ltd cash conversion from operations.

Annual Cash Flow Quality Index for Shenzhen Topraysolar Co Ltd (2004–2024)

Year-by-year earnings quality comparison for Shenzhen Topraysolar Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 15.25x CN¥164.56 Million CN¥10.79 Million ▲ +321.1%
2023 3.62x CN¥83.71 Million CN¥23.11 Million ▼ -27.3%
2022 4.98x CN¥479.53 Million CN¥96.24 Million ▲ +510.9%
2021 0.82x CN¥159.42 Million CN¥195.45 Million ▼ -65.7%
2020 2.38x CN¥394.23 Million CN¥165.75 Million ▼ -43.3%
2019 4.20x CN¥327.17 Million CN¥77.94 Million ▲ +449.5%
2018 0.76x CN¥67.92 Million CN¥88.91 Million ▲ +174.1%
2017 0.28x CN¥45.48 Million CN¥163.16 Million ▲ +9.5%
2016 0.25x CN¥32.78 Million CN¥128.71 Million ▼ -79.2%
2015 1.23x CN¥38.06 Million CN¥31.06 Million ▲ +121.0%
2013 -5.82x CN¥-75.56 Million CN¥12.98 Million ▼ -370.2%
2012 -1.24x CN¥-6.59 Million CN¥5.32 Million ▼ -365.4%
2010 0.47x CN¥44.91 Million CN¥96.27 Million ▼ -75.3%
2009 1.89x CN¥63.00 Million CN¥33.34 Million ▲ +595.3%
2008 0.27x CN¥19.85 Million CN¥73.04 Million ▼ -64.7%
2007 0.77x CN¥53.35 Million CN¥69.33 Million ▲ +55.5%
2006 0.49x CN¥33.51 Million CN¥67.71 Million ▼ -49.3%
2005 0.98x CN¥40.56 Million CN¥41.53 Million ▲ +74.3%
2004 0.56x CN¥9.22 Million CN¥16.45 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.