Shenzhen Magic Design & Decoration Engineering Co Ltd (002856) — Cash Flow Quality Index

Latest as of March 2024: -13.73x

Shenzhen Magic Design & Decoration Engineering Co Ltd (002856) has a Cash Flow Quality Index of -13.73x as of March 2024. Operating cash flow of CN¥-47.13 Million is below net income of CN¥3.43 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Shenzhen Magic Design & Decoration Engin asset portfolio for the complete picture of this company's asset base.

Cash Flow Quality Index

-13.73x
Operating CF / Net Income

Operating Cash Flow

CN¥-47.13 Million
CNY

Net Income

CN¥3.43 Million
CNY

Data as of

Mar 2024
Most recent filing

Shenzhen Magic Design & Decoration Engineering Co Ltd Cash Flow Quality Index (2012–2020)

Historical Cash Flow Quality Index for Shenzhen Magic Design & Decoration Engineering Co Ltd across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Shenzhen Magic Design & Decoration Engin to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shenzhen Magic Design & Decoration Engineering Co Ltd (2012–2020)

Year-by-year earnings quality comparison for Shenzhen Magic Design & Decoration Engineering Co Ltd. For live market cap and the full company financial profile, see Shenzhen Magic Design & Decoration Engin market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2020 -4.27x CN¥-65.71 Million CN¥15.41 Million ▲ +58.4%
2018 -10.26x CN¥-272.07 Million CN¥26.52 Million ▼ -1977.4%
2017 0.55x CN¥23.20 Million CN¥42.46 Million ▼ -63.0%
2016 1.48x CN¥76.94 Million CN¥52.12 Million ▲ +44378.0%
2015 0.00x CN¥154.85K CN¥46.65 Million ▲ +100.1%
2014 -2.64x CN¥-107.36 Million CN¥40.68 Million ▼ -499.5%
2013 0.66x CN¥31.96 Million CN¥48.37 Million ▼ -40.4%
2012 1.11x CN¥52.68 Million CN¥47.56 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.