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 Zhejiang Jinsheng New Materials Co cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

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. For the full cash flow conversion analysis, see Zhejiang Jinsheng New Materials Co (300849) cash flow conversion.

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.

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.