Guangdong Piano Customized Furniture Co Ltd (002853) — Cash Flow Quality Index
Guangdong Piano Customized Furniture Co Ltd (002853) has a Cash Flow Quality Index of 2.84x as of September 2025. Operating cash flow of CN¥14.34 Million exceeds net income of CN¥5.05 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Guangdong Piano Customized Furniture Co to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Guangdong Piano Customized Furniture Co Ltd Cash Flow Quality Index (2012–2023)
Historical Cash Flow Quality Index for Guangdong Piano Customized Furniture Co Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Guangdong Piano Customized Furniture Co (002853) cash flow conversion.
Annual Cash Flow Quality Index for Guangdong Piano Customized Furniture Co Ltd (2012–2023)
Year-by-year earnings quality comparison for Guangdong Piano Customized Furniture Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 2.39x | CN¥197.18 Million | CN¥82.43 Million | ▲ +106.6% |
| 2022 | 1.16x | CN¥173.99 Million | CN¥150.27 Million | ▲ +14.3% |
| 2020 | 1.01x | CN¥218.27 Million | CN¥215.55 Million | ▲ +73.7% |
| 2019 | 0.58x | CN¥100.66 Million | CN¥172.71 Million | ▲ +686.5% |
| 2018 | 0.07x | CN¥10.35 Million | CN¥139.65 Million | ▼ -91.5% |
| 2017 | 0.87x | CN¥89.93 Million | CN¥103.22 Million | ▼ -22.6% |
| 2016 | 1.13x | CN¥98.59 Million | CN¥87.54 Million | ▼ -39.9% |
| 2015 | 1.87x | CN¥128.44 Million | CN¥68.53 Million | ▲ +217.9% |
| 2014 | 0.59x | CN¥37.85 Million | CN¥64.19 Million | ▼ -66.3% |
| 2013 | 1.75x | CN¥96.16 Million | CN¥54.99 Million | ▼ -32.3% |
| 2012 | 2.58x | CN¥67.06 Million | CN¥25.97 Million | — |