Guangzhou Pearl River Piano Group Co Ltd (002678) — Cash Flow Quality Index

Latest as of March 2023: 1.00x

Guangzhou Pearl River Piano Group Co Ltd (002678) has a Cash Flow Quality Index of 1.00x as of March 2023. Operating cash flow of CN¥30.73 Million exceeds net income of CN¥30.73 Million, indicating high earnings quality where cash backs reported profits. Explore 002678 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.00x
Operating CF / Net Income

Operating Cash Flow

CN¥30.73 Million
CNY

Net Income

CN¥30.73 Million
CNY

Data as of

Mar 2023
Most recent filing

Guangzhou Pearl River Piano Group Co Ltd Cash Flow Quality Index (2009–2023)

Historical Cash Flow Quality Index for Guangzhou Pearl River Piano Group Co Ltd across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Guangzhou Pearl River Piano Group Co Ltd.

Annual Cash Flow Quality Index for Guangzhou Pearl River Piano Group Co Ltd (2009–2023)

Year-by-year earnings quality comparison for Guangzhou Pearl River Piano Group Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 -183.44x CN¥-315.88 Million CN¥1.72 Million ▼ -24305.9%
2022 0.76x CN¥94.91 Million CN¥125.24 Million ▼ -53.5%
2021 1.63x CN¥311.06 Million CN¥190.75 Million ▼ -48.5%
2020 3.17x CN¥547.88 Million CN¥172.95 Million ▲ +190.5%
2019 1.09x CN¥204.03 Million CN¥187.12 Million ▲ +54.0%
2018 0.71x CN¥123.27 Million CN¥174.06 Million ▼ -49.7%
2017 1.41x CN¥225.44 Million CN¥160.07 Million ▼ -14.4%
2016 1.65x CN¥248.78 Million CN¥151.17 Million ▲ +27.7%
2015 1.29x CN¥189.08 Million CN¥146.73 Million ▲ +43.2%
2014 0.90x CN¥127.38 Million CN¥141.51 Million ▲ +256.3%
2013 0.25x CN¥49.82 Million CN¥197.20 Million ▼ -67.8%
2012 0.79x CN¥143.79 Million CN¥183.09 Million ▼ -35.1%
2011 1.21x CN¥176.12 Million CN¥145.59 Million ▼ -9.0%
2010 1.33x CN¥158.03 Million CN¥118.84 Million ▼ -36.1%
2009 2.08x CN¥180.49 Million CN¥86.69 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.