Qingdao Greensum Ecology Co. Ltd. (300948) — Cash Flow Quality Index

Latest as of December 2023: -0.84x

Qingdao Greensum Ecology Co. Ltd. (300948) has a Cash Flow Quality Index of -0.84x as of December 2023. Operating cash flow of CN¥-28.56 Million is below net income of CN¥34.17 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Qingdao Greensum Ecology Co. Ltd. assets under control for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.84x
Operating CF / Net Income

Operating Cash Flow

CN¥-28.56 Million
CNY

Net Income

CN¥34.17 Million
CNY

Data as of

Dec 2023
Most recent filing

Qingdao Greensum Ecology Co. Ltd. Cash Flow Quality Index (2019–2023)

Historical Cash Flow Quality Index for Qingdao Greensum Ecology Co. Ltd. across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 300948 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Qingdao Greensum Ecology Co. Ltd. (2019–2023)

Year-by-year earnings quality comparison for Qingdao Greensum Ecology Co. Ltd.. For live market cap and the full company financial profile, see Qingdao Greensum Ecology Co. Ltd. (300948) market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 -0.84x CN¥-28.56 Million CN¥34.17 Million ▼ -230.4%
2022 -0.25x CN¥-14.23 Million CN¥56.23 Million ▲ +83.6%
2021 -1.54x CN¥-120.22 Million CN¥78.13 Million ▼ -224.8%
2020 1.23x CN¥78.27 Million CN¥63.49 Million ▼ -17.8%
2019 1.50x CN¥101.61 Million CN¥67.74 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.