Zhejiang Taitan Co Ltd (003036) — Cash Flow Quality Index

Latest as of September 2023: 0.54x

Zhejiang Taitan Co Ltd (003036) has a Cash Flow Quality Index of 0.54x as of September 2023. Operating cash flow of CN¥25.73 Million is below net income of CN¥47.72 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore 003036 asset base for the complete picture of this company's asset base.

Cash Flow Quality Index

0.54x
Operating CF / Net Income

Operating Cash Flow

CN¥25.73 Million
CNY

Net Income

CN¥47.72 Million
CNY

Data as of

Sep 2023
Most recent filing

Zhejiang Taitan Co Ltd Cash Flow Quality Index (2017–2024)

Historical Cash Flow Quality Index for Zhejiang Taitan Co Ltd across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Zhejiang Taitan Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Zhejiang Taitan Co Ltd (2017–2024)

Year-by-year earnings quality comparison for Zhejiang Taitan Co Ltd. For live market cap and the full company financial profile, see market cap of Zhejiang Taitan Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 0.40x CN¥35.79 Million CN¥88.75 Million ▼ -81.3%
2023 2.15x CN¥279.91 Million CN¥129.97 Million ▼ -11.1%
2022 2.42x CN¥301.98 Million CN¥124.62 Million ▲ +268.6%
2021 -1.44x CN¥-108.77 Million CN¥75.67 Million ▼ -294.7%
2020 0.74x CN¥44.72 Million CN¥60.57 Million ▼ -56.4%
2019 1.69x CN¥99.32 Million CN¥58.66 Million ▲ +28.6%
2018 1.32x CN¥90.90 Million CN¥69.05 Million ▲ +102.4%
2017 0.65x CN¥46.77 Million CN¥71.90 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.