NOVA Technology Corporation Limited (300921) — Cash Flow Quality Index

Latest as of December 2024: 1.54x

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. Also explore 300921 current and non-current assets for the complete picture of this company's asset base.

Cash Flow Quality Index

1.54x
Operating CF / Net Income

Operating Cash Flow

CN¥28.13 Million
CNY

Net Income

CN¥18.30 Million
CNY

Data as of

Dec 2024
Most recent filing

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. Check NOVA Technology Corporation Limited (300921) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for NOVA Technology Corporation Limited (2019–2024)

Year-by-year earnings quality comparison for NOVA Technology Corporation Limited. For live market cap and the full company financial profile, see 300921 company net worth.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.