Xinjiang Sailing Information Technology Co Ltd (300588) — Cash Flow Quality Index

Latest as of March 2021: 0.33x

Xinjiang Sailing Information Technology Co Ltd (300588) has a Cash Flow Quality Index of 0.33x as of March 2021. Operating cash flow of CN¥6.59 Million is below net income of CN¥20.19 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 300588 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.33x
Operating CF / Net Income

Operating Cash Flow

CN¥6.59 Million
CNY

Net Income

CN¥20.19 Million
CNY

Data as of

Mar 2021
Most recent filing

Xinjiang Sailing Information Technology Co Ltd Cash Flow Quality Index (2015–2019)

Historical Cash Flow Quality Index for Xinjiang Sailing Information Technology Co Ltd across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Xinjiang Sailing Information Technology cash conversion from operations.

Annual Cash Flow Quality Index for Xinjiang Sailing Information Technology Co Ltd (2015–2019)

Year-by-year earnings quality comparison for Xinjiang Sailing Information Technology Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2019 5.57x CN¥49.93 Million CN¥8.96 Million ▲ +357.6%
2018 -2.16x CN¥-48.55 Million CN¥22.45 Million ▼ -119.7%
2017 -0.98x CN¥-79.37 Million CN¥80.67 Million ▼ -233.4%
2016 0.74x CN¥31.42 Million CN¥42.60 Million ▼ -8.6%
2015 0.81x CN¥22.94 Million CN¥28.42 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.