Ningbo Tianyi Medical Appliance Co. Ltd. (301097) — Cash Flow Quality Index

Latest as of December 2023: 1.14x

Ningbo Tianyi Medical Appliance Co. Ltd. (301097) has a Cash Flow Quality Index of 1.14x as of December 2023. Operating cash flow of CN¥72.64 Million exceeds net income of CN¥63.57 Million, indicating high earnings quality where cash backs reported profits. Also explore 301097 asset base for the complete picture of this company's asset base.

Cash Flow Quality Index

1.14x
Operating CF / Net Income

Operating Cash Flow

CN¥72.64 Million
CNY

Net Income

CN¥63.57 Million
CNY

Data as of

Dec 2023
Most recent filing

Ningbo Tianyi Medical Appliance Co. Ltd. Cash Flow Quality Index (2019–2023)

Historical Cash Flow Quality Index for Ningbo Tianyi Medical Appliance Co. Ltd. across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Ningbo Tianyi Medical Appliance Co. Ltd. (301097) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Ningbo Tianyi Medical Appliance Co. Ltd. (2019–2023)

Year-by-year earnings quality comparison for Ningbo Tianyi Medical Appliance Co. Ltd.. For live market cap and the full company financial profile, see 301097 stock market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 1.14x CN¥72.64 Million CN¥63.57 Million ▲ +94.9%
2022 0.59x CN¥50.18 Million CN¥85.60 Million ▼ -65.5%
2021 1.70x CN¥133.03 Million CN¥78.29 Million ▲ +22.0%
2020 1.39x CN¥121.38 Million CN¥87.15 Million ▲ +34.5%
2019 1.04x CN¥65.46 Million CN¥63.20 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.