Shanghai Fortune Techgroup Co Ltd (300493) — Cash Flow Quality Index

Latest as of June 2023: 9.25x

Shanghai Fortune Techgroup Co Ltd (300493) has a Cash Flow Quality Index of 9.25x as of June 2023. Operating cash flow of CN¥119.33 Million exceeds net income of CN¥12.91 Million, indicating high earnings quality where cash backs reported profits. Explore Shanghai Fortune Techgroup Co Ltd (300493) cash conversion ratio to assess how effectively this company generates cash.

Cash Flow Quality Index

9.25x
Operating CF / Net Income

Operating Cash Flow

CN¥119.33 Million
CNY

Net Income

CN¥12.91 Million
CNY

Data as of

Jun 2023
Most recent filing

Shanghai Fortune Techgroup Co Ltd Cash Flow Quality Index (2015–2024)

Historical Cash Flow Quality Index for Shanghai Fortune Techgroup Co Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 300493 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Shanghai Fortune Techgroup Co Ltd (2015–2024)

Year-by-year earnings quality comparison for Shanghai Fortune Techgroup Co Ltd. For live market cap and the full company financial profile, see Shanghai Fortune Techgroup Co Ltd market cap and net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.31x CN¥47.60 Million CN¥36.37 Million ▼ -66.2%
2023 3.88x CN¥138.12 Million CN¥35.63 Million ▲ +241.4%
2022 -2.74x CN¥-148.39 Million CN¥54.11 Million ▼ -50.1%
2021 -1.83x CN¥-106.40 Million CN¥58.25 Million ▼ -194.0%
2020 1.94x CN¥87.53 Million CN¥45.02 Million ▼ -78.8%
2019 9.19x CN¥269.68 Million CN¥29.35 Million ▲ +496.5%
2018 -2.32x CN¥-36.57 Million CN¥15.78 Million ▼ -344.1%
2017 0.95x CN¥51.66 Million CN¥54.41 Million ▲ +118.7%
2016 -5.07x CN¥-250.00 Million CN¥49.31 Million ▼ -510.7%
2015 -0.83x CN¥-34.20 Million CN¥41.20 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.