Zhejiang Kaier New Materials (300234) — Cash Flow Quality Index

Latest as of June 2023: 1.74x

Zhejiang Kaier New Materials (300234) has a Cash Flow Quality Index of 1.74x as of June 2023. Operating cash flow of CN¥29.88 Million exceeds net income of CN¥17.16 Million, indicating high earnings quality where cash backs reported profits. Explore 300234 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.74x
Operating CF / Net Income

Operating Cash Flow

CN¥29.88 Million
CNY

Net Income

CN¥17.16 Million
CNY

Data as of

Jun 2023
Most recent filing

Zhejiang Kaier New Materials Cash Flow Quality Index (2008–2024)

Historical Cash Flow Quality Index for Zhejiang Kaier New Materials across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 300234 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Zhejiang Kaier New Materials (2008–2024)

Year-by-year earnings quality comparison for Zhejiang Kaier New Materials. For live market cap and the full company financial profile, see 300234 company net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 6.50x CN¥154.32 Million CN¥23.73 Million ▲ +367.9%
2023 1.39x CN¥103.37 Million CN¥74.39 Million ▲ +830.0%
2022 0.15x CN¥10.91 Million CN¥73.00 Million ▼ -72.2%
2021 0.54x CN¥38.37 Million CN¥71.46 Million ▼ -9.3%
2020 0.59x CN¥44.41 Million CN¥74.97 Million ▲ +513.5%
2019 -0.14x CN¥-9.81 Million CN¥68.46 Million ▼ -107.2%
2016 2.00x CN¥56.94 Million CN¥28.46 Million ▲ +677.0%
2015 0.26x CN¥17.04 Million CN¥66.18 Million ▼ -54.9%
2014 0.57x CN¥60.02 Million CN¥105.02 Million ▼ -23.9%
2011 0.75x CN¥32.84 Million CN¥43.71 Million ▲ +340.5%
2010 0.17x CN¥5.56 Million CN¥32.59 Million ▼ -68.1%
2009 0.54x CN¥8.57 Million CN¥16.02 Million ▼ -6.1%
2008 0.57x CN¥7.44 Million CN¥13.07 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.