Shenzhen Changfang Light Emitting (300301) — Cash Flow Quality Index
Shenzhen Changfang Light Emitting (300301) has a Cash Flow Quality Index of 0.94x as of September 2021. Operating cash flow of CN¥22.73 Million is below net income of CN¥24.20 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Shenzhen Changfang Light Emitting (300301) 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
Shenzhen Changfang Light Emitting Cash Flow Quality Index (2008–2017)
Historical Cash Flow Quality Index for Shenzhen Changfang Light Emitting across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 300301 cash flow metrics.
Annual Cash Flow Quality Index for Shenzhen Changfang Light Emitting (2008–2017)
Year-by-year earnings quality comparison for Shenzhen Changfang Light Emitting.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2017 | 2.06x | CN¥205.63 Million | CN¥99.94 Million | ▲ +89.1% |
| 2015 | 1.09x | CN¥144.83 Million | CN¥133.10 Million | ▲ +72.9% |
| 2014 | 0.63x | CN¥31.89 Million | CN¥50.67 Million | ▼ -85.9% |
| 2013 | 4.46x | CN¥122.55 Million | CN¥27.49 Million | ▲ +5968.2% |
| 2012 | 0.07x | CN¥3.49 Million | CN¥47.56 Million | ▼ -90.2% |
| 2011 | 0.75x | CN¥49.51 Million | CN¥65.84 Million | ▼ -55.2% |
| 2010 | 1.68x | CN¥60.65 Million | CN¥36.13 Million | ▼ -67.7% |
| 2009 | 5.20x | CN¥53.59 Million | CN¥10.31 Million | ▲ +147.0% |
| 2008 | -11.07x | CN¥-14.76 Million | CN¥1.33 Million | — |