Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) — Cash Flow Quality Index

Latest as of September 2024: -3.11x

Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) has a Cash Flow Quality Index of -3.11x as of September 2024. Operating cash flow of CN¥-6.84 Million is below net income of CN¥2.20 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Zhejiang Merit Interactive Network Techn (300766) cash conversion ratio to assess how effectively this company generates cash.

Cash Flow Quality Index

-3.11x
Operating CF / Net Income

Operating Cash Flow

CN¥-6.84 Million
CNY

Net Income

CN¥2.20 Million
CNY

Data as of

Sep 2024
Most recent filing

Zhejiang Merit Interactive Network Technology Co Ltd Class A Cash Flow Quality Index (2015–2022)

Historical Cash Flow Quality Index for Zhejiang Merit Interactive Network Technology Co Ltd Class A across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how aggressively does Zhejiang Merit Interactive Network Techn reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Zhejiang Merit Interactive Network Technology Co Ltd Class A (2015–2022)

Year-by-year earnings quality comparison for Zhejiang Merit Interactive Network Technology Co Ltd Class A. For live market cap and the full company financial profile, see Zhejiang Merit Interactive Network Techn (300766) total market value.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 2.60x CN¥68.34 Million CN¥26.29 Million ▲ +18.7%
2021 2.19x CN¥249.87 Million CN¥114.08 Million ▲ +251.0%
2020 0.62x CN¥44.93 Million CN¥71.98 Million ▲ +574.7%
2019 -0.13x CN¥-10.83 Million CN¥82.34 Million ▼ -115.0%
2018 0.87x CN¥219.06 Million CN¥250.51 Million ▲ +5.5%
2017 0.83x CN¥121.77 Million CN¥146.85 Million ▼ -46.5%
2016 1.55x CN¥53.16 Million CN¥34.30 Million ▲ +223.2%
2015 -1.26x CN¥-13.60 Million CN¥10.81 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.