Shandong Meichen Science & Technology Co Ltd Cash Flow Quality Index
Shandong Meichen Science & Technology Co Ltd cash flow quality index. Shandong Meichen Science & Technology Co Ltd (300237) has a Cash Flow Quality Index of -26.21x as of June 2021. Operating cash flow of CN¥-38.34 Million is below net income of CN¥1.46 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Shandong Meichen Science & Technology Co cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Shandong Meichen Science & Technology Co Ltd (2008–2020)
Cash flow quality index of Shandong Meichen Science & Technology Co Ltd from 2008 to 2020. Historical Cash Flow Quality Index for Shandong Meichen Science & Technology Co Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Shandong Meichen Science & Technology Co net asset quality index to measure how much of total assets are equity-financed.
Shandong Meichen Science & Technology Co Ltd Cash Flow Quality Index by Year (2008–2020)
Shandong Meichen Science & Technology Co Ltd cash flow quality index by year from 2008 to 2020. Year-by-year earnings quality comparison for Shandong Meichen Science & Technology Co Ltd. For the full cash flow conversion analysis, see Shandong Meichen Science & Technology Co (300237) cash flow conversion.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2020 | -4.39x | CN¥-227.38 Million | CN¥51.80 Million | ▼ -664.8% |
| 2019 | 0.78x | CN¥62.75 Million | CN¥80.75 Million | ▲ +336.0% |
| 2018 | -0.33x | CN¥-122.51 Million | CN¥372.07 Million | ▼ -12.7% |
| 2017 | -0.29x | CN¥-178.08 Million | CN¥609.48 Million | ▲ +65.5% |
| 2016 | -0.85x | CN¥-378.06 Million | CN¥446.65 Million | ▲ +21.9% |
| 2015 | -1.08x | CN¥-226.71 Million | CN¥209.11 Million | ▼ -377.7% |
| 2014 | 0.39x | CN¥40.32 Million | CN¥103.28 Million | ▼ -80.6% |
| 2013 | 2.01x | CN¥64.56 Million | CN¥32.12 Million | ▲ +62.9% |
| 2010 | 1.23x | CN¥100.21 Million | CN¥81.21 Million | ▼ -18.1% |
| 2009 | 1.51x | CN¥75.25 Million | CN¥49.92 Million | ▲ +77184.6% |
| 2008 | 0.00x | CN¥45.00K | CN¥23.07 Million | — |