NOVA Technology Corporation Limited (300921) — Cash Flow Quality Index
NOVA Technology Corporation Limited (300921) has a Cash Flow Quality Index of 1.54x as of December 2024. Operating cash flow of CN¥28.13 Million exceeds net income of CN¥18.30 Million, indicating high earnings quality where cash backs reported profits. Explore NOVA Technology Corporation Limited debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
NOVA Technology Corporation Limited Cash Flow Quality Index (2019–2024)
Historical Cash Flow Quality Index for NOVA Technology Corporation Limited across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NOVA Technology Corporation Limited (300921) cash flow conversion.
Annual Cash Flow Quality Index for NOVA Technology Corporation Limited (2019–2024)
Year-by-year earnings quality comparison for NOVA Technology Corporation Limited.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.54x | CN¥28.13 Million | CN¥18.30 Million | ▲ +33.8% |
| 2023 | 1.15x | CN¥43.10 Million | CN¥37.52 Million | ▼ -28.2% |
| 2022 | 1.60x | CN¥91.18 Million | CN¥57.02 Million | ▲ +104.9% |
| 2021 | 0.78x | CN¥49.03 Million | CN¥62.82 Million | ▼ -42.6% |
| 2020 | 1.36x | CN¥103.35 Million | CN¥76.07 Million | ▲ +36.1% |
| 2019 | 1.00x | CN¥71.78 Million | CN¥71.90 Million | — |