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 Shandong Meichen Science & Technology Co (300237) 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
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. For the full cash flow conversion analysis, see cash efficiency ratio of Shandong Meichen Science & Technology Co.
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.
| 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 | — |