Shenzhen Topraysolar Co Ltd Cash Flow Quality Index
Shenzhen Topraysolar Co Ltd cash flow quality index. 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. See Shenzhen Topraysolar Co Ltd (002218) financial flexibility to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Shenzhen Topraysolar Co Ltd (2004–2024)
Cash flow quality index of Shenzhen Topraysolar Co Ltd from 2004 to 2024. Historical Cash Flow Quality Index for Shenzhen Topraysolar Co Ltd across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore how well can Shenzhen Topraysolar Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Shenzhen Topraysolar Co Ltd Cash Flow Quality Index by Year (2004–2024)
Shenzhen Topraysolar Co Ltd cash flow quality index by year from 2004 to 2024. Year-by-year earnings quality comparison for Shenzhen Topraysolar Co Ltd. For the full cash flow conversion analysis, see cash efficiency ratio of 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 | — |