Qingdao Kutesmart Co Ltd (300840) — Cash Flow Quality Index

Latest as of June 2023: 0.67x

Qingdao Kutesmart Co Ltd (300840) has a Cash Flow Quality Index of 0.67x as of June 2023. Operating cash flow of CN¥27.34 Million is below net income of CN¥40.95 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Qingdao Kutesmart Co Ltd (300840) total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

0.67x
Operating CF / Net Income

Operating Cash Flow

CN¥27.34 Million
CNY

Net Income

CN¥40.95 Million
CNY

Data as of

Jun 2023
Most recent filing

Qingdao Kutesmart Co Ltd Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for Qingdao Kutesmart Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Qingdao Kutesmart Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Qingdao Kutesmart Co Ltd (2016–2024)

Year-by-year earnings quality comparison for Qingdao Kutesmart Co Ltd. For live market cap and the full company financial profile, see 300840 stock market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.80x CN¥159.98 Million CN¥88.63 Million ▲ +16.3%
2023 1.55x CN¥173.52 Million CN¥111.78 Million ▲ +9.2%
2022 1.42x CN¥121.32 Million CN¥85.33 Million ▲ +14.7%
2021 1.24x CN¥76.11 Million CN¥61.38 Million ▼ -21.4%
2020 1.58x CN¥75.15 Million CN¥47.62 Million ▲ +13.6%
2019 1.39x CN¥95.37 Million CN¥68.67 Million ▼ -19.0%
2018 1.71x CN¥108.99 Million CN¥63.60 Million ▼ -47.0%
2017 3.23x CN¥189.23 Million CN¥58.54 Million ▲ +308.3%
2016 0.79x CN¥15.63 Million CN¥19.74 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.