Fujian Acetron New Materials Co Ltd (300706) — Cash Flow Quality Index

Latest as of September 2024: 4.28x

Fujian Acetron New Materials Co Ltd (300706) has a Cash Flow Quality Index of 4.28x as of September 2024. Operating cash flow of CN¥21.11 Million exceeds net income of CN¥4.93 Million, indicating high earnings quality where cash backs reported profits. Also explore Fujian Acetron New Materials Co Ltd (300706) total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

4.28x
Operating CF / Net Income

Operating Cash Flow

CN¥21.11 Million
CNY

Net Income

CN¥4.93 Million
CNY

Data as of

Sep 2024
Most recent filing

Fujian Acetron New Materials Co Ltd Cash Flow Quality Index (2013–2023)

Historical Cash Flow Quality Index for Fujian Acetron New Materials Co Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 300706 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Fujian Acetron New Materials Co Ltd (2013–2023)

Year-by-year earnings quality comparison for Fujian Acetron New Materials Co Ltd. For live market cap and the full company financial profile, see Fujian Acetron New Materials Co Ltd (300706) total market value.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 -0.87x CN¥-13.69 Million CN¥15.72 Million ▼ -88.4%
2022 -0.46x CN¥-7.53 Million CN¥16.29 Million ▼ -138.1%
2021 1.22x CN¥31.82 Million CN¥26.19 Million ▼ -34.7%
2020 1.86x CN¥13.82 Million CN¥7.43 Million ▲ +131.0%
2019 0.80x CN¥11.79 Million CN¥14.64 Million ▲ +22.7%
2018 0.66x CN¥18.19 Million CN¥27.73 Million ▲ +224.2%
2017 0.20x CN¥8.28 Million CN¥40.93 Million ▼ -56.0%
2016 0.46x CN¥16.58 Million CN¥36.03 Million ▼ -61.3%
2015 1.19x CN¥31.34 Million CN¥26.34 Million ▲ +495.9%
2014 -0.30x CN¥-4.78 Million CN¥15.92 Million ▼ -31.3%
2013 -0.23x CN¥-1.73 Million CN¥7.55 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.