Taier Heavy Industry Co Ltd (002347) — Cash Flow Quality Index

Latest as of June 2023: -15.10x

Taier Heavy Industry Co Ltd (002347) has a Cash Flow Quality Index of -15.10x as of June 2023. Operating cash flow of CN¥-20.73 Million is below net income of CN¥1.37 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Taier Heavy Industry Co Ltd long-term investment allocation to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-15.10x
Operating CF / Net Income

Operating Cash Flow

CN¥-20.73 Million
CNY

Net Income

CN¥1.37 Million
CNY

Data as of

Jun 2023
Most recent filing

Taier Heavy Industry Co Ltd Cash Flow Quality Index (2006–2024)

Historical Cash Flow Quality Index for Taier Heavy Industry Co Ltd across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Taier Heavy Industry Co Ltd (002347) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Taier Heavy Industry Co Ltd (2006–2024)

Year-by-year earnings quality comparison for Taier Heavy Industry Co Ltd. For live market cap and the full company financial profile, see how much is Taier Heavy Industry Co Ltd worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 -0.19x CN¥-2.79 Million CN¥14.59 Million ▼ -105.4%
2021 3.57x CN¥65.02 Million CN¥18.19 Million ▲ +44.6%
2020 2.47x CN¥65.36 Million CN¥26.43 Million ▼ -33.9%
2019 3.74x CN¥94.19 Million CN¥25.19 Million ▲ +8673.1%
2018 0.04x CN¥854.86K CN¥20.06 Million ▼ -90.5%
2016 0.45x CN¥4.73 Million CN¥10.58 Million ▲ +17.9%
2015 0.38x CN¥4.40 Million CN¥11.61 Million ▼ -94.5%
2014 6.94x CN¥58.41 Million CN¥8.42 Million ▲ +1397.7%
2011 0.46x CN¥31.07 Million CN¥67.07 Million ▲ +114.7%
2010 0.22x CN¥10.55 Million CN¥48.89 Million ▼ -74.5%
2009 0.85x CN¥53.52 Million CN¥63.15 Million ▼ -3.8%
2008 0.88x CN¥55.28 Million CN¥62.74 Million ▲ +327.1%
2007 0.21x CN¥9.25 Million CN¥44.86 Million ▼ -85.2%
2006 1.39x CN¥21.00 Million CN¥15.10 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.