Qinhuangdao Tianqin Equipment Manufacturing Co.Ltd. (300922) — Cash Flow Quality Index

Latest as of September 2025: -2.20x

Qinhuangdao Tianqin Equipment Manufacturing Co.Ltd. (300922) has a Cash Flow Quality Index of -2.20x as of September 2025. Operating cash flow of CN¥-25.30 Million is below net income of CN¥11.51 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Qinhuangdao Tianqin Equipment Manufactur cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-2.20x
Operating CF / Net Income

Operating Cash Flow

CN¥-25.30 Million
CNY

Net Income

CN¥11.51 Million
CNY

Data as of

Sep 2025
Most recent filing

Qinhuangdao Tianqin Equipment Manufacturing Co.Ltd. Cash Flow Quality Index (2013–2024)

Historical Cash Flow Quality Index for Qinhuangdao Tianqin Equipment Manufacturing Co.Ltd. across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 300922 cash flow conversion.

Annual Cash Flow Quality Index for Qinhuangdao Tianqin Equipment Manufacturing Co.Ltd. (2013–2024)

Year-by-year earnings quality comparison for Qinhuangdao Tianqin Equipment Manufacturing Co.Ltd..

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.82x CN¥75.73 Million CN¥41.68 Million ▼ -42.3%
2023 3.15x CN¥101.35 Million CN¥32.19 Million ▲ +79.9%
2022 1.75x CN¥47.06 Million CN¥26.89 Million ▲ +51.0%
2021 1.16x CN¥93.51 Million CN¥80.67 Million ▲ +155.5%
2020 0.45x CN¥29.21 Million CN¥64.40 Million ▼ -49.3%
2019 0.89x CN¥46.97 Million CN¥52.55 Million ▼ -10.1%
2018 0.99x CN¥60.90 Million CN¥61.22 Million ▼ -15.0%
2017 1.17x CN¥45.69 Million CN¥39.06 Million ▲ +6430.3%
2016 -0.02x CN¥-588.00K CN¥31.82 Million ▼ -106.5%
2015 0.29x CN¥6.84 Million CN¥24.01 Million ▼ -81.0%
2014 1.50x CN¥28.07 Million CN¥18.75 Million ▼ -17.2%
2013 1.81x CN¥18.64 Million CN¥10.30 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.