QITIAN Technology Group Co Ltd (300061) — Cash Flow Quality Index

Latest as of March 2023: -130.00x

QITIAN Technology Group Co Ltd (300061) has a Cash Flow Quality Index of -130.00x as of March 2023. Operating cash flow of CN¥-207.55 Million is below net income of CN¥1.60 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore QITIAN Technology Group Co Ltd (300061) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-130.00x
Operating CF / Net Income

Operating Cash Flow

CN¥-207.55 Million
CNY

Net Income

CN¥1.60 Million
CNY

Data as of

Mar 2023
Most recent filing

QITIAN Technology Group Co Ltd Cash Flow Quality Index (2007–2022)

Historical Cash Flow Quality Index for QITIAN Technology Group Co Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see QITIAN Technology Group Co Ltd cash flow conversion.

Annual Cash Flow Quality Index for QITIAN Technology Group Co Ltd (2007–2022)

Year-by-year earnings quality comparison for QITIAN Technology Group Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 2.10x CN¥108.77 Million CN¥51.73 Million ▼ -17.4%
2019 2.54x CN¥134.95 Million CN¥53.04 Million ▲ +92.0%
2017 1.33x CN¥395.70 Million CN¥298.58 Million ▼ -14.0%
2016 1.54x CN¥167.22 Million CN¥108.52 Million ▲ +0.9%
2015 1.53x CN¥78.20 Million CN¥51.21 Million ▲ +20.9%
2014 1.26x CN¥46.38 Million CN¥36.73 Million ▲ +7.6%
2013 1.17x CN¥24.59 Million CN¥20.96 Million ▼ -8.6%
2010 1.28x CN¥20.54 Million CN¥16.01 Million ▲ +1.5%
2009 1.26x CN¥27.05 Million CN¥21.40 Million ▲ +333.7%
2008 0.29x CN¥4.27 Million CN¥14.65 Million ▼ -21.5%
2007 0.37x CN¥4.72 Million CN¥12.71 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.