Anhui Chaoyue Environmental Protection Technology Co. Ltd. (301049) — Cash Flow Quality Index

Latest as of December 2021: 1.67x

Anhui Chaoyue Environmental Protection Technology Co. Ltd. (301049) has a Cash Flow Quality Index of 1.67x as of December 2021. Operating cash flow of CN¥143.04 Million exceeds net income of CN¥85.67 Million, indicating high earnings quality where cash backs reported profits. Also explore Anhui Chaoyue Environmental Protection T balance sheet assets for the complete picture of this company's asset base.

Cash Flow Quality Index

1.67x
Operating CF / Net Income

Operating Cash Flow

CN¥143.04 Million
CNY

Net Income

CN¥85.67 Million
CNY

Data as of

Dec 2021
Most recent filing

Anhui Chaoyue Environmental Protection Technology Co. Ltd. Cash Flow Quality Index (2019–2021)

Historical Cash Flow Quality Index for Anhui Chaoyue Environmental Protection Technology Co. Ltd. across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Anhui Chaoyue Environmental Protection T's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Anhui Chaoyue Environmental Protection Technology Co. Ltd. (2019–2021)

Year-by-year earnings quality comparison for Anhui Chaoyue Environmental Protection Technology Co. Ltd.. For live market cap and the full company financial profile, see Anhui Chaoyue Environmental Protection T (301049) market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2021 1.67x CN¥143.04 Million CN¥85.67 Million ▲ +104.7%
2020 0.82x CN¥115.51 Million CN¥141.58 Million ▲ +11.4%
2019 0.73x CN¥60.74 Million CN¥82.94 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.