Sinomag Technology Co Ltd (300835) — Cash Flow Quality Index

Latest as of June 2023: 1.01x

Sinomag Technology Co Ltd (300835) has a Cash Flow Quality Index of 1.01x as of June 2023. Operating cash flow of CN¥13.44 Million exceeds net income of CN¥13.27 Million, indicating high earnings quality where cash backs reported profits. Explore Sinomag Technology Co Ltd (300835) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.01x
Operating CF / Net Income

Operating Cash Flow

CN¥13.44 Million
CNY

Net Income

CN¥13.27 Million
CNY

Data as of

Jun 2023
Most recent filing

Sinomag Technology Co Ltd Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for Sinomag Technology Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Sinomag Technology Co Ltd cash flow conversion.

Annual Cash Flow Quality Index for Sinomag Technology Co Ltd (2016–2024)

Year-by-year earnings quality comparison for Sinomag Technology Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.76x CN¥195.30 Million CN¥111.06 Million ▲ +278.3%
2023 0.46x CN¥34.34 Million CN¥73.89 Million ▲ +236.4%
2022 0.14x CN¥14.53 Million CN¥105.13 Million ▼ -75.7%
2021 0.57x CN¥74.45 Million CN¥131.01 Million ▼ -31.7%
2020 0.83x CN¥56.78 Million CN¥68.22 Million ▲ +25.0%
2019 0.67x CN¥56.36 Million CN¥84.63 Million ▼ -47.5%
2018 1.27x CN¥102.64 Million CN¥80.85 Million ▲ +18.2%
2017 1.07x CN¥72.59 Million CN¥67.58 Million ▼ -1.8%
2016 1.09x CN¥54.62 Million CN¥49.92 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.