Baiyang Aquatic Group Inc (002696) — Cash Flow Quality Index
Baiyang Aquatic Group Inc (002696) has a Cash Flow Quality Index of -8.46x as of September 2025. Operating cash flow of CN¥-205.79 Million is below net income of CN¥24.34 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Baiyang Aquatic Group Inc (002696) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Baiyang Aquatic Group Inc Cash Flow Quality Index (2009–2025)
Historical Cash Flow Quality Index for Baiyang Aquatic Group Inc across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Baiyang Aquatic Group Inc.
Annual Cash Flow Quality Index for Baiyang Aquatic Group Inc (2009–2025)
Year-by-year earnings quality comparison for Baiyang Aquatic Group Inc.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -7.76x | CN¥-315.24 Million | CN¥40.63 Million | ▼ -397.0% |
| 2022 | 2.61x | CN¥176.60 Million | CN¥67.59 Million | ▲ +476.4% |
| 2021 | -0.69x | CN¥-22.26 Million | CN¥32.07 Million | ▼ -152.9% |
| 2020 | 1.31x | CN¥34.73 Million | CN¥26.46 Million | ▲ +3.5% |
| 2018 | 1.27x | CN¥91.96 Million | CN¥72.52 Million | ▼ -50.4% |
| 2017 | 2.56x | CN¥319.83 Million | CN¥125.07 Million | ▲ +119.3% |
| 2016 | 1.17x | CN¥78.42 Million | CN¥67.24 Million | ▼ -2.4% |
| 2015 | 1.19x | CN¥73.22 Million | CN¥61.30 Million | ▲ +311.6% |
| 2014 | -0.56x | CN¥-34.03 Million | CN¥60.28 Million | ▼ -131.1% |
| 2013 | 1.82x | CN¥100.31 Million | CN¥55.21 Million | ▲ +183.3% |
| 2012 | 0.64x | CN¥52.61 Million | CN¥82.03 Million | ▼ -57.8% |
| 2011 | 1.52x | CN¥99.34 Million | CN¥65.36 Million | ▲ +52.8% |
| 2010 | 0.99x | CN¥48.88 Million | CN¥49.13 Million | ▲ +244.2% |
| 2009 | 0.29x | CN¥10.80 Million | CN¥37.35 Million | — |