Guangdong Kingshine Electronic Tech (300903) — Cash Flow Quality Index

Latest as of September 2022: -1.32x

Guangdong Kingshine Electronic Tech (300903) has a Cash Flow Quality Index of -1.32x as of September 2022. Operating cash flow of CN¥-21.37 Million is below net income of CN¥16.19 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Guangdong Kingshine Electronic Tech cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

-1.32x
Operating CF / Net Income

Operating Cash Flow

CN¥-21.37 Million
CNY

Net Income

CN¥16.19 Million
CNY

Data as of

Sep 2022
Most recent filing

Guangdong Kingshine Electronic Tech Cash Flow Quality Index (2016–2022)

Historical Cash Flow Quality Index for Guangdong Kingshine Electronic Tech across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 300903 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Guangdong Kingshine Electronic Tech (2016–2022)

Year-by-year earnings quality comparison for Guangdong Kingshine Electronic Tech. For live market cap and the full company financial profile, see market cap of Guangdong Kingshine Electronic Tech.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 -1.59x CN¥-73.83 Million CN¥46.53 Million ▼ -5799.8%
2021 -0.03x CN¥-1.91 Million CN¥70.97 Million ▼ -103.2%
2020 0.84x CN¥88.37 Million CN¥105.03 Million ▼ -13.0%
2019 0.97x CN¥72.51 Million CN¥74.96 Million ▼ -25.1%
2018 1.29x CN¥66.27 Million CN¥51.33 Million ▲ +258.9%
2017 -0.81x CN¥-51.04 Million CN¥62.80 Million ▼ -139.4%
2016 2.06x CN¥82.52 Million CN¥40.00 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.