COFCO Engineering & Technology Co Ltd (301058) — Cash Flow Quality Index

Latest as of June 2023: 0.73x

COFCO Engineering & Technology Co Ltd (301058) has a Cash Flow Quality Index of 0.73x as of June 2023. Operating cash flow of CN¥35.20 Million is below net income of CN¥48.44 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore COFCO Engineering & Technology Co Ltd balance sheet assets for the complete picture of this company's asset base.

Cash Flow Quality Index

0.73x
Operating CF / Net Income

Operating Cash Flow

CN¥35.20 Million
CNY

Net Income

CN¥48.44 Million
CNY

Data as of

Jun 2023
Most recent filing

COFCO Engineering & Technology Co Ltd Cash Flow Quality Index (2017–2024)

Historical Cash Flow Quality Index for COFCO Engineering & Technology Co Ltd across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of COFCO Engineering & Technology Co Ltd to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for COFCO Engineering & Technology Co Ltd (2017–2024)

Year-by-year earnings quality comparison for COFCO Engineering & Technology Co Ltd. For live market cap and the full company financial profile, see market cap of COFCO Engineering & Technology Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 2.20x CN¥514.29 Million CN¥233.67 Million ▲ +10.7%
2023 1.99x CN¥432.67 Million CN¥217.69 Million ▲ +168.4%
2022 0.74x CN¥132.06 Million CN¥178.34 Million ▼ -53.2%
2021 1.58x CN¥261.05 Million CN¥164.99 Million ▼ -9.8%
2020 1.75x CN¥231.37 Million CN¥131.96 Million ▲ +70.7%
2019 1.03x CN¥89.32 Million CN¥86.97 Million ▲ +141.9%
2018 -2.45x CN¥-132.34 Million CN¥54.01 Million ▼ -537.1%
2017 0.56x CN¥30.52 Million CN¥54.43 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.