Fujian Rongji Software Co Ltd (002474) — Cash Flow Quality Index

Latest as of September 2024: -8.60x

Fujian Rongji Software Co Ltd (002474) has a Cash Flow Quality Index of -8.60x as of September 2024. Operating cash flow of CN¥-40.07 Million is below net income of CN¥4.66 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Fujian Rongji Software Co Ltd (002474) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-8.60x
Operating CF / Net Income

Operating Cash Flow

CN¥-40.07 Million
CNY

Net Income

CN¥4.66 Million
CNY

Data as of

Sep 2024
Most recent filing

Fujian Rongji Software Co Ltd Cash Flow Quality Index (2007–2022)

Historical Cash Flow Quality Index for Fujian Rongji Software Co Ltd across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Fujian Rongji Software Co Ltd (002474) cash flow conversion.

Annual Cash Flow Quality Index for Fujian Rongji Software Co Ltd (2007–2022)

Year-by-year earnings quality comparison for Fujian Rongji Software Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 5.88x CN¥69.37 Million CN¥11.80 Million ▲ +176.8%
2021 2.12x CN¥64.22 Million CN¥30.24 Million ▲ +42.0%
2020 1.50x CN¥72.22 Million CN¥48.28 Million ▼ -25.8%
2019 2.02x CN¥108.24 Million CN¥53.70 Million ▲ +137.8%
2018 0.85x CN¥26.39 Million CN¥31.15 Million ▼ -70.3%
2017 2.85x CN¥89.64 Million CN¥31.40 Million ▲ +24.7%
2016 2.29x CN¥57.17 Million CN¥24.98 Million ▲ +96.5%
2015 1.17x CN¥18.00 Million CN¥15.45 Million ▲ +159.3%
2014 -1.96x CN¥-43.16 Million CN¥21.97 Million ▼ -315.6%
2013 0.91x CN¥57.14 Million CN¥62.71 Million ▼ -4.4%
2012 0.95x CN¥118.26 Million CN¥124.05 Million ▲ +35.8%
2011 0.70x CN¥83.82 Million CN¥119.42 Million ▼ -34.6%
2010 1.07x CN¥83.95 Million CN¥78.27 Million ▼ -1.6%
2009 1.09x CN¥52.59 Million CN¥48.27 Million ▼ -5.9%
2008 1.16x CN¥45.50 Million CN¥39.30 Million ▼ -30.4%
2007 1.66x CN¥58.73 Million CN¥35.32 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.