Guangdong Tonze Electric Co Ltd (002759) — Cash Flow Quality Index

Latest as of December 2023: 16.17x

Guangdong Tonze Electric Co Ltd (002759) has a Cash Flow Quality Index of 16.17x as of December 2023. Operating cash flow of CN¥176.55 Million exceeds net income of CN¥10.92 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Guangdong Tonze Electric Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

16.17x
Operating CF / Net Income

Operating Cash Flow

CN¥176.55 Million
CNY

Net Income

CN¥10.92 Million
CNY

Data as of

Dec 2023
Most recent filing

Guangdong Tonze Electric Co Ltd Cash Flow Quality Index (2011–2023)

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

Annual Cash Flow Quality Index for Guangdong Tonze Electric Co Ltd (2011–2023)

Year-by-year earnings quality comparison for Guangdong Tonze Electric Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 3.25x CN¥119.21 Million CN¥36.64 Million ▲ +77.9%
2022 1.83x CN¥919.39 Million CN¥502.62 Million ▲ +98.7%
2021 0.92x CN¥685.35 Million CN¥744.61 Million ▲ +314.1%
2019 -0.43x CN¥-13.95 Million CN¥32.47 Million ▼ -135.6%
2018 1.21x CN¥101.31 Million CN¥83.80 Million ▲ +1518.8%
2017 -0.09x CN¥-1.89 Million CN¥22.18 Million ▼ -110.3%
2016 0.83x CN¥63.83 Million CN¥77.01 Million ▲ +226.1%
2015 -0.66x CN¥-39.15 Million CN¥59.57 Million ▼ -150.8%
2014 1.29x CN¥74.95 Million CN¥57.97 Million ▲ +85.8%
2013 0.70x CN¥39.16 Million CN¥56.28 Million ▼ -50.7%
2012 1.41x CN¥70.70 Million CN¥50.10 Million ▼ -7.1%
2011 1.52x CN¥63.51 Million CN¥41.81 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.