Jiangsu Daybright Intelligent Electric Co Ltd (300670) — Cash Flow Quality Index

Latest as of June 2024: 6.78x

Jiangsu Daybright Intelligent Electric Co Ltd (300670) has a Cash Flow Quality Index of 6.78x as of June 2024. Operating cash flow of CN¥27.31 Million exceeds net income of CN¥4.03 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Jiangsu Daybright Intelligent Electric C to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

6.78x
Operating CF / Net Income

Operating Cash Flow

CN¥27.31 Million
CNY

Net Income

CN¥4.03 Million
CNY

Data as of

Jun 2024
Most recent filing

Jiangsu Daybright Intelligent Electric Co Ltd Cash Flow Quality Index (2013–2024)

Historical Cash Flow Quality Index for Jiangsu Daybright Intelligent Electric Co Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Jiangsu Daybright Intelligent Electric C cash conversion from operations.

Annual Cash Flow Quality Index for Jiangsu Daybright Intelligent Electric Co Ltd (2013–2024)

Year-by-year earnings quality comparison for Jiangsu Daybright Intelligent Electric Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 2.22x CN¥20.70 Million CN¥9.32 Million ▲ +26.6%
2021 1.75x CN¥99.40 Million CN¥56.67 Million ▼ -19.8%
2020 2.19x CN¥170.55 Million CN¥78.03 Million ▲ +23.3%
2019 1.77x CN¥58.64 Million CN¥33.09 Million ▲ +392.0%
2018 -0.61x CN¥-21.73 Million CN¥35.80 Million ▼ -515.2%
2017 0.15x CN¥8.03 Million CN¥54.92 Million ▼ -79.5%
2016 0.71x CN¥38.74 Million CN¥54.39 Million ▲ +2.1%
2015 0.70x CN¥34.99 Million CN¥50.15 Million ▼ -30.2%
2014 1.00x CN¥37.98 Million CN¥37.99 Million ▲ +263.3%
2013 -0.61x CN¥-4.59 Million CN¥7.50 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.