Shandong Meichen Science & Technology Co Ltd (300237) — 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 300237 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shandong Meichen Science & Technology Co Ltd Cash Flow Quality Index (2008–2020)
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. Check Shandong Meichen Science & Technology Co (300237) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Shandong Meichen Science & Technology Co Ltd (2008–2020)
Year-by-year earnings quality comparison for Shandong Meichen Science & Technology Co Ltd. For live market cap and the full company financial profile, see 300237 market cap overview.
| 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 | — |