Kennede Electronics MFG Co Ltd (002723) — Cash Flow Quality Index

Latest as of June 2023: 0.19x

Kennede Electronics MFG Co Ltd (002723) has a Cash Flow Quality Index of 0.19x as of June 2023. Operating cash flow of CN¥4.67 Million is below net income of CN¥24.35 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Kennede Electronics MFG Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.19x
Operating CF / Net Income

Operating Cash Flow

CN¥4.67 Million
CNY

Net Income

CN¥24.35 Million
CNY

Data as of

Jun 2023
Most recent filing

Kennede Electronics MFG Co Ltd Cash Flow Quality Index (2010–2022)

Historical Cash Flow Quality Index for Kennede Electronics MFG Co Ltd across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Kennede Electronics MFG Co Ltd operating cash flow efficiency.

Annual Cash Flow Quality Index for Kennede Electronics MFG Co Ltd (2010–2022)

Year-by-year earnings quality comparison for Kennede Electronics MFG Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 -11.29x CN¥-113.16 Million CN¥10.02 Million ▼ -130.2%
2021 -4.91x CN¥-88.26 Million CN¥17.99 Million ▼ -311.5%
2020 2.32x CN¥60.19 Million CN¥25.95 Million ▲ +656.9%
2019 0.31x CN¥11.97 Million CN¥39.07 Million ▼ -96.1%
2017 7.96x CN¥61.02 Million CN¥7.67 Million ▼ -43.9%
2016 14.18x CN¥93.36 Million CN¥6.59 Million ▲ +12909.1%
2015 -0.11x CN¥-4.73 Million CN¥42.69 Million ▼ -106.6%
2014 1.68x CN¥68.68 Million CN¥40.88 Million ▲ +36.9%
2013 1.23x CN¥49.67 Million CN¥40.48 Million ▲ +13.1%
2012 1.08x CN¥67.26 Million CN¥62.00 Million ▼ -1.6%
2011 1.10x CN¥61.23 Million CN¥55.54 Million ▲ +120.7%
2010 0.50x CN¥22.42 Million CN¥44.88 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.