Tianjin Jieqiang Power Equipment Co (300875) — Cash Flow Quality Index

Latest as of June 2024: -3.22x

Tianjin Jieqiang Power Equipment Co (300875) has a Cash Flow Quality Index of -3.22x as of June 2024. Operating cash flow of CN¥-22.20 Million is below net income of CN¥6.90 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Tianjin Jieqiang Power Equipment Co (300875) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-3.22x
Operating CF / Net Income

Operating Cash Flow

CN¥-22.20 Million
CNY

Net Income

CN¥6.90 Million
CNY

Data as of

Jun 2024
Most recent filing

Tianjin Jieqiang Power Equipment Co Cash Flow Quality Index (2014–2021)

Historical Cash Flow Quality Index for Tianjin Jieqiang Power Equipment Co across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Tianjin Jieqiang Power Equipment Co cash flow conversion.

Annual Cash Flow Quality Index for Tianjin Jieqiang Power Equipment Co (2014–2021)

Year-by-year earnings quality comparison for Tianjin Jieqiang Power Equipment Co.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2021 3.66x CN¥140.30 Million CN¥38.29 Million ▲ +764.7%
2020 -0.55x CN¥-54.88 Million CN¥99.57 Million ▼ -128.2%
2019 1.96x CN¥185.20 Million CN¥94.68 Million ▲ +291.2%
2018 -1.02x CN¥-63.09 Million CN¥61.66 Million ▼ -461.4%
2017 0.28x CN¥6.59 Million CN¥23.28 Million ▲ +134.0%
2016 -0.83x CN¥-2.31 Million CN¥2.78 Million ▼ -120.7%
2015 4.01x CN¥7.78 Million CN¥1.94 Million ▲ +758.7%
2014 -0.61x CN¥-4.76 Million CN¥7.81 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.