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. Explore 300948 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

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. For the full cash flow conversion analysis, see 300948 cash flow metrics.

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..

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.