Ocean’s King Lighting Science & Technology Co Ltd (002724) — Cash Flow Quality Index

Latest as of June 2025: 0.45x

Ocean’s King Lighting Science & Technology Co Ltd (002724) has a Cash Flow Quality Index of 0.45x as of June 2025. Operating cash flow of CN¥35.56 Million is below net income of CN¥79.31 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Ocean’s King Lighting Science & Technolo (002724) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.45x
Operating CF / Net Income

Operating Cash Flow

CN¥35.56 Million
CNY

Net Income

CN¥79.31 Million
CNY

Data as of

Jun 2025
Most recent filing

Ocean’s King Lighting Science & Technology Co Ltd Cash Flow Quality Index (2009–2025)

Historical Cash Flow Quality Index for Ocean’s King Lighting Science & Technology Co Ltd across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Ocean’s King Lighting Science & Technolo generate cash.

Annual Cash Flow Quality Index for Ocean’s King Lighting Science & Technology Co Ltd (2009–2025)

Year-by-year earnings quality comparison for Ocean’s King Lighting Science & Technology Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 1.80x CN¥197.72 Million CN¥110.06 Million ▼ -44.9%
2023 3.26x CN¥142.27 Million CN¥43.67 Million ▲ +5041.6%
2022 -0.07x CN¥-9.36 Million CN¥142.00 Million ▼ -113.1%
2021 0.50x CN¥214.16 Million CN¥424.23 Million ▼ -43.6%
2020 0.89x CN¥299.19 Million CN¥334.54 Million ▼ -9.5%
2019 0.99x CN¥254.39 Million CN¥257.30 Million ▲ +55.8%
2018 0.63x CN¥120.57 Million CN¥189.95 Million ▼ -37.2%
2017 1.01x CN¥153.66 Million CN¥151.96 Million ▲ +17.3%
2016 0.86x CN¥95.90 Million CN¥111.24 Million ▼ -45.5%
2015 1.58x CN¥106.39 Million CN¥67.23 Million ▲ +36.9%
2014 1.16x CN¥198.41 Million CN¥171.63 Million ▼ -2.5%
2013 1.19x CN¥204.57 Million CN¥172.48 Million ▲ +33.8%
2012 0.89x CN¥148.92 Million CN¥168.00 Million ▲ +6.5%
2011 0.83x CN¥158.01 Million CN¥189.90 Million ▲ +0.6%
2010 0.83x CN¥155.42 Million CN¥187.91 Million ▼ -21.5%
2009 1.05x CN¥126.60 Million CN¥120.12 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.