Gifore Agricultural Machinery Chain Co Ltd (300022) — Cash Flow Quality Index

Latest as of June 2023: -5.61x

Gifore Agricultural Machinery Chain Co Ltd (300022) has a Cash Flow Quality Index of -5.61x as of June 2023. Operating cash flow of CN¥-35.55 Million is below net income of CN¥6.34 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Gifore Agricultural Machinery Chain Co L cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-5.61x
Operating CF / Net Income

Operating Cash Flow

CN¥-35.55 Million
CNY

Net Income

CN¥6.34 Million
CNY

Data as of

Jun 2023
Most recent filing

Gifore Agricultural Machinery Chain Co Ltd Cash Flow Quality Index (2006–2023)

Historical Cash Flow Quality Index for Gifore Agricultural Machinery Chain Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Gifore Agricultural Machinery Chain Co L cash conversion from operations.

Annual Cash Flow Quality Index for Gifore Agricultural Machinery Chain Co Ltd (2006–2023)

Year-by-year earnings quality comparison for Gifore Agricultural Machinery Chain Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 3.86x CN¥64.86 Million CN¥16.80 Million ▼ -64.7%
2022 10.93x CN¥121.23 Million CN¥11.09 Million ▲ +102.3%
2021 5.40x CN¥82.79 Million CN¥15.33 Million ▲ +77.1%
2018 3.05x CN¥31.92 Million CN¥10.47 Million ▼ -74.9%
2016 12.17x CN¥143.13 Million CN¥11.76 Million ▲ +7.9%
2012 11.28x CN¥144.91 Million CN¥12.85 Million ▲ +649.7%
2009 1.50x CN¥75.58 Million CN¥50.23 Million ▲ +1.4%
2007 1.48x CN¥19.44 Million CN¥13.10 Million ▼ -64.4%
2006 4.16x CN¥3.92 Million CN¥941.00K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.