Zhejiang Jinsheng New Materials Co (300849) — Cash Flow Quality Index

Latest as of September 2024: 53.41x

Zhejiang Jinsheng New Materials Co (300849) has a Cash Flow Quality Index of 53.41x as of September 2024. Operating cash flow of CN¥16.64 Million exceeds net income of CN¥311.55K, indicating high earnings quality where cash backs reported profits. Explore how efficiently does Zhejiang Jinsheng New Materials Co generate cash to assess how effectively this company generates cash.

Cash Flow Quality Index

53.41x
Operating CF / Net Income

Operating Cash Flow

CN¥16.64 Million
CNY

Net Income

CN¥311.55K
CNY

Data as of

Sep 2024
Most recent filing

Zhejiang Jinsheng New Materials Co Cash Flow Quality Index (2014–2021)

Historical Cash Flow Quality Index for Zhejiang Jinsheng New Materials Co across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Zhejiang Jinsheng New Materials Co (300849) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Zhejiang Jinsheng New Materials Co (2014–2021)

Year-by-year earnings quality comparison for Zhejiang Jinsheng New Materials Co. For live market cap and the full company financial profile, see 300849 stock market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2021 2.72x CN¥28.77 Million CN¥10.59 Million ▲ +60.7%
2020 1.69x CN¥58.30 Million CN¥34.49 Million ▲ +22.1%
2019 1.38x CN¥90.84 Million CN¥65.64 Million ▲ +49.4%
2018 0.93x CN¥49.57 Million CN¥53.51 Million ▼ -38.9%
2017 1.52x CN¥65.00 Million CN¥42.87 Million ▲ +46.4%
2016 1.04x CN¥55.05 Million CN¥53.16 Million ▼ -27.9%
2015 1.44x CN¥35.07 Million CN¥24.41 Million ▼ -17.6%
2014 1.74x CN¥46.79 Million CN¥26.85 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.