M Grass Ecology and Environment Group Co Ltd (300355) — Cash Flow Quality Index

Latest as of June 2023: 4.67x

M Grass Ecology and Environment Group Co Ltd (300355) has a Cash Flow Quality Index of 4.67x as of June 2023. Operating cash flow of CN¥585.72 Million exceeds net income of CN¥125.45 Million, indicating high earnings quality where cash backs reported profits. Explore 300355 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

4.67x
Operating CF / Net Income

Operating Cash Flow

CN¥585.72 Million
CNY

Net Income

CN¥125.45 Million
CNY

Data as of

Jun 2023
Most recent filing

M Grass Ecology and Environment Group Co Ltd Cash Flow Quality Index (2011–2024)

Historical Cash Flow Quality Index for M Grass Ecology and Environment Group Co Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check M Grass Ecology and Environment Group Co tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for M Grass Ecology and Environment Group Co Ltd (2011–2024)

Year-by-year earnings quality comparison for M Grass Ecology and Environment Group Co Ltd. For live market cap and the full company financial profile, see M Grass Ecology and Environment Group Co market cap and net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 44.62x CN¥1.58 Billion CN¥35.38 Million ▲ +554.0%
2023 6.82x CN¥1.70 Billion CN¥249.13 Million ▲ +259.2%
2022 1.90x CN¥351.20 Million CN¥184.94 Million ▲ +1.3%
2021 1.87x CN¥579.66 Million CN¥309.19 Million ▲ +199.6%
2020 -1.88x CN¥-436.77 Million CN¥232.10 Million ▲ +74.1%
2019 -7.25x CN¥-442.18 Million CN¥60.96 Million ▲ +21.0%
2018 -9.18x CN¥-1.87 Billion CN¥203.80 Million ▼ -1944.2%
2017 0.50x CN¥420.32 Million CN¥843.98 Million ▲ +59.9%
2016 0.31x CN¥105.68 Million CN¥339.31 Million ▼ -41.3%
2015 0.53x CN¥84.54 Million CN¥159.21 Million ▲ +87.1%
2011 0.28x CN¥23.13 Million CN¥81.51 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.