YaGuang Technology Group Co Ltd (300123) — Cash Flow Quality Index

Latest as of June 2023: -26.51x

YaGuang Technology Group Co Ltd (300123) has a Cash Flow Quality Index of -26.51x as of June 2023. Operating cash flow of CN¥-60.29 Million is below net income of CN¥2.27 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can YaGuang Technology Group Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-26.51x
Operating CF / Net Income

Operating Cash Flow

CN¥-60.29 Million
CNY

Net Income

CN¥2.27 Million
CNY

Data as of

Jun 2023
Most recent filing

YaGuang Technology Group Co Ltd Cash Flow Quality Index (2007–2020)

Historical Cash Flow Quality Index for YaGuang Technology Group Co Ltd across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 300123 operating cash flow.

Annual Cash Flow Quality Index for YaGuang Technology Group Co Ltd (2007–2020)

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

Year Quality Index Operating CF (CNY) Net Income YoY Change
2020 1.37x CN¥48.27 Million CN¥35.12 Million ▲ +31.7%
2019 1.04x CN¥291.94 Million CN¥279.61 Million ▲ +165.4%
2018 -1.60x CN¥-254.61 Million CN¥159.44 Million ▼ -4259.0%
2017 -0.04x CN¥-4.33 Million CN¥118.09 Million ▼ -114.8%
2016 -0.02x CN¥-311.58K CN¥18.27 Million ▼ -100.2%
2015 9.11x CN¥122.80 Million CN¥13.48 Million ▲ +3052.7%
2014 0.29x CN¥6.39 Million CN¥22.13 Million ▼ -41.1%
2012 0.49x CN¥26.95 Million CN¥54.96 Million ▼ -32.5%
2011 0.73x CN¥31.99 Million CN¥44.02 Million ▼ -32.6%
2010 1.08x CN¥34.46 Million CN¥31.97 Million ▲ +92.7%
2009 0.56x CN¥15.68 Million CN¥28.03 Million ▲ +99.2%
2008 0.28x CN¥5.66 Million CN¥20.16 Million ▲ +45.3%
2007 0.19x CN¥1.19 Million CN¥6.16 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.