Shanghai Dragonnet Tech (300245) — Cash Flow Quality Index

Latest as of December 2022: 5.30x

Shanghai Dragonnet Tech (300245) has a Cash Flow Quality Index of 5.30x as of December 2022. Operating cash flow of CN¥87.55 Million exceeds net income of CN¥16.53 Million, indicating high earnings quality where cash backs reported profits. Explore Shanghai Dragonnet Tech (300245) cash conversion ratio to assess how effectively this company generates cash.

Cash Flow Quality Index

5.30x
Operating CF / Net Income

Operating Cash Flow

CN¥87.55 Million
CNY

Net Income

CN¥16.53 Million
CNY

Data as of

Dec 2022
Most recent filing

Shanghai Dragonnet Tech Cash Flow Quality Index (2008–2021)

Historical Cash Flow Quality Index for Shanghai Dragonnet Tech across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Shanghai Dragonnet Tech (300245) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Shanghai Dragonnet Tech (2008–2021)

Year-by-year earnings quality comparison for Shanghai Dragonnet Tech. For live market cap and the full company financial profile, see market value of Shanghai Dragonnet Tech.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2021 1.52x CN¥61.09 Million CN¥40.07 Million ▲ +380.6%
2020 0.32x CN¥12.37 Million CN¥38.99 Million ▼ -78.5%
2019 1.48x CN¥49.75 Million CN¥33.68 Million ▲ +113.3%
2018 0.69x CN¥40.60 Million CN¥58.63 Million ▼ -17.3%
2017 0.84x CN¥46.01 Million CN¥54.95 Million ▼ -12.9%
2016 0.96x CN¥55.51 Million CN¥57.77 Million ▲ +28.1%
2015 0.75x CN¥33.97 Million CN¥45.30 Million ▲ +0.6%
2014 0.75x CN¥53.95 Million CN¥72.35 Million ▲ +1.5%
2013 0.73x CN¥44.69 Million CN¥60.84 Million ▼ -32.8%
2012 1.09x CN¥52.66 Million CN¥48.21 Million ▲ +97.1%
2011 0.55x CN¥29.63 Million CN¥53.46 Million ▼ -27.7%
2010 0.77x CN¥33.46 Million CN¥43.66 Million ▼ -39.0%
2009 1.26x CN¥37.56 Million CN¥29.89 Million ▲ +50.5%
2008 0.83x CN¥18.07 Million CN¥21.64 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.