AVIT Ltd (300264) — Cash Flow Quality Index

Latest as of March 2021: -4.20x

AVIT Ltd (300264) has a Cash Flow Quality Index of -4.20x as of March 2021. Operating cash flow of CN¥-15.80 Million is below net income of CN¥3.76 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore AVIT Ltd strategic investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-4.20x
Operating CF / Net Income

Operating Cash Flow

CN¥-15.80 Million
CNY

Net Income

CN¥3.76 Million
CNY

Data as of

Mar 2021
Most recent filing

AVIT Ltd Cash Flow Quality Index (2008–2018)

Historical Cash Flow Quality Index for AVIT Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is AVIT Ltd's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for AVIT Ltd (2008–2018)

Year-by-year earnings quality comparison for AVIT Ltd. For live market cap and the full company financial profile, see AVIT Ltd (300264) total market value.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2018 -8.11x CN¥-85.35 Million CN¥10.52 Million ▼ -594.9%
2016 1.64x CN¥22.37 Million CN¥13.64 Million ▲ +1006.9%
2015 -0.18x CN¥-1.30 Million CN¥7.17 Million ▼ -130.2%
2014 0.60x CN¥11.29 Million CN¥18.88 Million ▼ -83.5%
2013 3.63x CN¥60.58 Million CN¥16.70 Million ▲ +6804.6%
2011 0.05x CN¥2.22 Million CN¥42.19 Million ▼ -92.9%
2010 0.74x CN¥27.51 Million CN¥37.20 Million ▲ +9.4%
2009 0.68x CN¥15.81 Million CN¥23.39 Million ▲ +23.1%
2008 0.55x CN¥11.19 Million CN¥20.36 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.