First Capital Securities Co Ltd Class A (002797) — Cash Flow Quality Index

Latest as of September 2025: 2.18x

First Capital Securities Co Ltd Class A (002797) has a Cash Flow Quality Index of 2.18x as of September 2025. Operating cash flow of CN¥621.64 Million exceeds net income of CN¥285.15 Million, indicating high earnings quality where cash backs reported profits. Explore First Capital Securities Co Ltd Class A debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.18x
Operating CF / Net Income

Operating Cash Flow

CN¥621.64 Million
CNY

Net Income

CN¥285.15 Million
CNY

Data as of

Sep 2025
Most recent filing

First Capital Securities Co Ltd Class A Cash Flow Quality Index (2006–2024)

Historical Cash Flow Quality Index for First Capital Securities Co Ltd Class A across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see First Capital Securities Co Ltd Class A (002797) cash conversion ratio.

Annual Cash Flow Quality Index for First Capital Securities Co Ltd Class A (2006–2024)

Year-by-year earnings quality comparison for First Capital Securities Co Ltd Class A.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 4.75x CN¥4.58 Billion CN¥963.32 Million ▼ -49.1%
2023 9.35x CN¥3.62 Billion CN¥387.55 Million ▲ +263.1%
2022 -5.73x CN¥-2.30 Billion CN¥400.81 Million ▼ -483.7%
2021 1.49x CN¥1.23 Billion CN¥823.83 Million ▲ +737.8%
2020 -0.23x CN¥-190.32 Million CN¥812.69 Million ▼ -105.9%
2019 3.96x CN¥2.31 Billion CN¥583.12 Million ▲ +162.6%
2018 -6.33x CN¥-832.72 Million CN¥131.61 Million ▼ -695.9%
2017 1.06x CN¥458.17 Million CN¥431.52 Million ▲ +109.1%
2016 -11.63x CN¥-6.86 Billion CN¥589.69 Million ▼ -406.8%
2015 3.79x CN¥3.93 Billion CN¥1.04 Billion ▼ -20.8%
2014 4.78x CN¥2.48 Billion CN¥517.60 Million ▲ +141.2%
2013 -11.60x CN¥-1.95 Billion CN¥168.23 Million ▼ -205364.2%
2012 0.01x CN¥1.19 Million CN¥210.02 Million ▲ +100.0%
2011 -22.10x CN¥-3.74 Billion CN¥169.05 Million ▼ -401.2%
2010 7.34x CN¥2.56 Billion CN¥348.54 Million ▲ +423.9%
2009 1.40x CN¥590.04 Million CN¥421.33 Million ▲ +120.3%
2008 -6.90x CN¥-1.17 Billion CN¥170.22 Million ▼ -293.5%
2007 3.56x CN¥2.37 Billion CN¥663.99 Million ▼ -56.4%
2006 8.17x CN¥929.29 Million CN¥113.79 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.