Shenzhen Minkave Technology Co Ltd Cash Flow Quality Index

Latest as of March 2023: 1.15x

Shenzhen Minkave Technology Co Ltd cash flow quality index. Shenzhen Minkave Technology Co Ltd (300506) has a Cash Flow Quality Index of 1.15x as of March 2023. Operating cash flow of CN¥18.25 Million exceeds net income of CN¥15.86 Million, indicating high earnings quality where cash backs reported profits. See how financially flexible is Shenzhen Minkave Technology Co Ltd to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

1.15x
Operating CF / Net Income

Operating Cash Flow

CN¥18.25 Million
CNY

Net Income

CN¥15.86 Million
CNY

Data as of

Mar 2023
Most recent filing

Cash Flow Quality Index of Shenzhen Minkave Technology Co Ltd (2015–2019)

Cash flow quality index of Shenzhen Minkave Technology Co Ltd from 2015 to 2019. Historical Cash Flow Quality Index for Shenzhen Minkave Technology Co Ltd across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore debt repayment capacity of Shenzhen Minkave Technology Co Ltd to assess how comfortably operating cash covers total debt obligations.

Shenzhen Minkave Technology Co Ltd Cash Flow Quality Index by Year (2015–2019)

Shenzhen Minkave Technology Co Ltd cash flow quality index by year from 2015 to 2019. Year-by-year earnings quality comparison for Shenzhen Minkave Technology Co Ltd. For the full cash flow conversion analysis, see Shenzhen Minkave Technology Co Ltd cash conversion from operations.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2019 0.31x CN¥46.35 Million CN¥147.89 Million ▲ +149.2%
2018 -0.64x CN¥-201.00 Million CN¥315.76 Million ▲ +53.2%
2017 -1.36x CN¥-236.30 Million CN¥173.66 Million ▼ -17.3%
2016 -1.16x CN¥-116.59 Million CN¥100.54 Million ▼ -248.5%
2015 -0.33x CN¥-16.54 Million CN¥49.71 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.