Zhejiang Ming Jewelry Co Ltd (002574) — Cash Flow Quality Index

Latest as of March 2024: -8.11x

Zhejiang Ming Jewelry Co Ltd (002574) has a Cash Flow Quality Index of -8.11x as of March 2024. Operating cash flow of CN¥-166.56 Million is below net income of CN¥20.53 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Zhejiang Ming Jewelry Co Ltd cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

-8.11x
Operating CF / Net Income

Operating Cash Flow

CN¥-166.56 Million
CNY

Net Income

CN¥20.53 Million
CNY

Data as of

Mar 2024
Most recent filing

Zhejiang Ming Jewelry Co Ltd Cash Flow Quality Index (2008–2024)

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

Annual Cash Flow Quality Index for Zhejiang Ming Jewelry Co Ltd (2008–2024)

Year-by-year earnings quality comparison for Zhejiang Ming Jewelry Co Ltd. For live market cap and the full company financial profile, see 002574 market cap.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 0.40x CN¥7.26 Million CN¥17.98 Million ▼ -79.1%
2023 1.94x CN¥307.92 Million CN¥159.08 Million ▲ +123.6%
2021 0.87x CN¥119.37 Million CN¥137.88 Million ▲ +2787.9%
2019 -0.03x CN¥-1.79 Million CN¥55.44 Million ▼ -112.0%
2018 0.27x CN¥24.65 Million CN¥92.08 Million ▼ -87.6%
2017 2.16x CN¥188.24 Million CN¥86.96 Million ▼ -64.5%
2016 6.10x CN¥258.79 Million CN¥42.42 Million ▲ +0.2%
2015 6.09x CN¥345.83 Million CN¥56.79 Million ▲ +227.1%
2014 1.86x CN¥371.30 Million CN¥199.41 Million ▼ -81.8%
2013 10.22x CN¥853.05 Million CN¥83.44 Million ▲ +725.1%
2012 1.24x CN¥91.45 Million CN¥73.81 Million ▲ +137.6%
2011 -3.29x CN¥-826.23 Million CN¥250.78 Million ▼ -711.9%
2010 -0.41x CN¥-87.96 Million CN¥216.77 Million ▼ -168.1%
2009 0.60x CN¥88.75 Million CN¥148.97 Million ▲ +756.5%
2008 -0.09x CN¥-7.83 Million CN¥86.26 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.