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. Also explore Sinomag Technology Co Ltd asset portfolio for the complete picture of this company's asset base.

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. Check how tangible is Sinomag Technology Co Ltd's equity to evaluate the tangible quality of the company's equity base.

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

Year-by-year earnings quality comparison for Sinomag Technology Co Ltd. For live market cap and the full company financial profile, see Sinomag Technology Co Ltd market cap and net worth.

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.