Zhejiang Ming Jewelry Co Ltd Cash Flow Quality Index

Latest as of March 2024: -8.11x

Zhejiang Ming Jewelry Co Ltd cash flow quality index. 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 debt service capacity to assess how comfortably operating cash covers total debt obligations.

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

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

Cash flow quality index of Zhejiang Ming Jewelry Co Ltd from 2008 to 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. See 002574 equity to assets ratio to measure how much of total assets are equity-financed.

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

Zhejiang Ming Jewelry Co Ltd cash flow quality index by year from 2008 to 2024. Year-by-year earnings quality comparison for Zhejiang Ming Jewelry Co Ltd. For the full cash flow conversion analysis, see Zhejiang Ming Jewelry Co Ltd cash flow conversion.

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.