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 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see AVIT Ltd (300264) cash conversion ratio.
Annual Cash Flow Quality Index for AVIT Ltd (2008–2018)
Year-by-year earnings quality comparison for AVIT Ltd.
| 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.