Shandong Kaisheng New Materials Co.Ltd. (301069) — Cash Flow Quality Index

Latest as of December 2024: 0.92x

Shandong Kaisheng New Materials Co.Ltd. (301069) has a Cash Flow Quality Index of 0.92x as of December 2024. Operating cash flow of CN¥51.73 Million is below net income of CN¥55.99 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore balance sheet size of Shandong Kaisheng New Materials Co.Ltd. for the complete picture of this company's asset base.

Cash Flow Quality Index

0.92x
Operating CF / Net Income

Operating Cash Flow

CN¥51.73 Million
CNY

Net Income

CN¥55.99 Million
CNY

Data as of

Dec 2024
Most recent filing

Shandong Kaisheng New Materials Co.Ltd. Cash Flow Quality Index (2019–2024)

Historical Cash Flow Quality Index for Shandong Kaisheng New Materials Co.Ltd. across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Shandong Kaisheng New Materials Co.Ltd.'s equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shandong Kaisheng New Materials Co.Ltd. (2019–2024)

Year-by-year earnings quality comparison for Shandong Kaisheng New Materials Co.Ltd.. For live market cap and the full company financial profile, see how much is Shandong Kaisheng New Materials Co.Ltd. worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 0.92x CN¥51.73 Million CN¥55.99 Million ▲ +1745.9%
2023 -0.06x CN¥-8.87 Million CN¥157.99 Million ▼ -226.1%
2022 0.04x CN¥10.44 Million CN¥234.52 Million ▼ -90.3%
2021 0.46x CN¥88.63 Million CN¥193.38 Million ▼ -47.4%
2020 0.87x CN¥139.94 Million CN¥160.48 Million ▼ -32.3%
2019 1.29x CN¥176.83 Million CN¥137.31 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.