Guangdong Modern High Tech Fiber Co (300876) — Cash Flow Quality Index

Latest as of September 2023: -0.04x

Guangdong Modern High Tech Fiber Co (300876) has a Cash Flow Quality Index of -0.04x as of September 2023. Operating cash flow of CN¥-550.48K is below net income of CN¥14.95 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Guangdong Modern High Tech Fiber Co (300876) cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

-0.04x
Operating CF / Net Income

Operating Cash Flow

CN¥-550.48K
CNY

Net Income

CN¥14.95 Million
CNY

Data as of

Sep 2023
Most recent filing

Guangdong Modern High Tech Fiber Co Cash Flow Quality Index (2016–2023)

Historical Cash Flow Quality Index for Guangdong Modern High Tech Fiber Co across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check total reinvestment intensity of Guangdong Modern High Tech Fiber Co to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Guangdong Modern High Tech Fiber Co (2016–2023)

Year-by-year earnings quality comparison for Guangdong Modern High Tech Fiber Co. For live market cap and the full company financial profile, see Guangdong Modern High Tech Fiber Co market cap and net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 2.52x CN¥49.70 Million CN¥19.75 Million ▲ +186.2%
2022 0.88x CN¥43.62 Million CN¥49.62 Million ▲ +10.4%
2021 0.80x CN¥55.08 Million CN¥69.18 Million ▲ +66.6%
2020 0.48x CN¥38.26 Million CN¥80.07 Million ▼ -61.6%
2019 1.24x CN¥85.62 Million CN¥68.80 Million ▲ +75.8%
2018 0.71x CN¥41.59 Million CN¥58.75 Million ▼ -28.9%
2017 1.00x CN¥51.31 Million CN¥51.49 Million ▲ +291.6%
2016 0.25x CN¥10.56 Million CN¥41.52 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.