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 long-term investment allocation to see how much of total assets are deployed in long-term investments.
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. Check 300301 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Shenzhen Changfang Light Emitting (2008–2017)
Year-by-year earnings quality comparison for Shenzhen Changfang Light Emitting. For live market cap and the full company financial profile, see market cap of 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 | — |