Jiangsu Changfa Refrigeration Co Ltd (002413) — Cash Flow Quality Index

Latest as of June 2023: 0.46x

Jiangsu Changfa Refrigeration Co Ltd (002413) has a Cash Flow Quality Index of 0.46x as of June 2023. Operating cash flow of CN¥53.96 Million is below net income of CN¥118.30 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how efficiently does Jiangsu Changfa Refrigeration Co Ltd generate cash to assess how effectively this company generates cash.

Cash Flow Quality Index

0.46x
Operating CF / Net Income

Operating Cash Flow

CN¥53.96 Million
CNY

Net Income

CN¥118.30 Million
CNY

Data as of

Jun 2023
Most recent filing

Jiangsu Changfa Refrigeration Co Ltd Cash Flow Quality Index (2006–2020)

Historical Cash Flow Quality Index for Jiangsu Changfa Refrigeration Co Ltd across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Jiangsu Changfa Refrigeration Co Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Jiangsu Changfa Refrigeration Co Ltd (2006–2020)

Year-by-year earnings quality comparison for Jiangsu Changfa Refrigeration Co Ltd. For live market cap and the full company financial profile, see market cap of Jiangsu Changfa Refrigeration Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2020 -0.24x CN¥-43.13 Million CN¥181.54 Million ▼ -134.4%
2019 0.69x CN¥104.70 Million CN¥151.71 Million ▲ +274.7%
2018 0.18x CN¥25.10 Million CN¥136.28 Million ▲ +114.1%
2017 -1.30x CN¥-159.80 Million CN¥122.56 Million ▲ +29.1%
2016 -1.84x CN¥-193.73 Million CN¥105.31 Million ▼ -81.5%
2015 -1.01x CN¥-142.48 Million CN¥140.55 Million ▼ -124.6%
2014 4.13x CN¥137.83 Million CN¥33.40 Million ▲ +348.8%
2013 -1.66x CN¥-42.32 Million CN¥25.52 Million ▼ -296.4%
2012 0.84x CN¥40.91 Million CN¥48.45 Million ▲ +158.9%
2011 -1.43x CN¥-137.63 Million CN¥95.93 Million ▲ +21.8%
2010 -1.84x CN¥-156.70 Million CN¥85.38 Million ▼ -152.9%
2009 3.47x CN¥223.93 Million CN¥64.56 Million ▲ +30.0%
2008 2.67x CN¥99.11 Million CN¥37.16 Million ▲ +46.2%
2007 1.82x CN¥95.07 Million CN¥52.10 Million ▼ -39.1%
2006 3.00x CN¥90.73 Million CN¥30.28 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.