Shenzhen Inovance Tech (300124) — Cash Flow Quality Index

Latest as of September 2025: 0.69x

Shenzhen Inovance Tech (300124) has a Cash Flow Quality Index of 0.69x as of September 2025. Operating cash flow of CN¥892.64 Million is below net income of CN¥1.29 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore 300124 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.69x
Operating CF / Net Income

Operating Cash Flow

CN¥892.64 Million
CNY

Net Income

CN¥1.29 Billion
CNY

Data as of

Sep 2025
Most recent filing

Shenzhen Inovance Tech Cash Flow Quality Index (2007–2024)

Historical Cash Flow Quality Index for Shenzhen Inovance Tech across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Shenzhen Inovance Tech (300124) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shenzhen Inovance Tech (2007–2024)

Year-by-year earnings quality comparison for Shenzhen Inovance Tech. For live market cap and the full company financial profile, see how much is Shenzhen Inovance Tech worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.66x CN¥7.20 Billion CN¥4.35 Billion ▲ +134.8%
2023 0.71x CN¥3.37 Billion CN¥4.78 Billion ▼ -4.7%
2022 0.74x CN¥3.20 Billion CN¥4.32 Billion ▲ +54.3%
2021 0.48x CN¥1.77 Billion CN¥3.68 Billion ▼ -28.7%
2020 0.67x CN¥1.47 Billion CN¥2.18 Billion ▼ -50.1%
2019 1.35x CN¥1.36 Billion CN¥1.01 Billion ▲ +245.6%
2018 0.39x CN¥471.29 Million CN¥1.21 Billion ▼ -13.5%
2017 0.45x CN¥491.68 Million CN¥1.09 Billion ▲ +5.1%
2016 0.43x CN¥420.35 Million CN¥980.17 Million ▼ -55.4%
2015 0.96x CN¥801.81 Million CN¥833.97 Million ▲ +26.6%
2014 0.76x CN¥524.23 Million CN¥690.06 Million ▼ -4.4%
2013 0.79x CN¥452.18 Million CN¥569.13 Million ▼ -3.4%
2012 0.82x CN¥263.33 Million CN¥320.17 Million ▲ +4566.8%
2011 0.02x CN¥6.11 Million CN¥346.44 Million ▼ -97.4%
2010 0.67x CN¥147.34 Million CN¥221.17 Million ▼ -20.8%
2009 0.84x CN¥86.40 Million CN¥102.67 Million ▼ -1.7%
2008 0.86x CN¥47.36 Million CN¥55.34 Million ▲ +31.0%
2007 0.65x CN¥36.10 Million CN¥55.26 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.