Ningbo Tianyi Medical Appliance Co. Ltd. Cash Flow Quality Index
Ningbo Tianyi Medical Appliance Co. Ltd. cash flow quality index. 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. See 301097 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Ningbo Tianyi Medical Appliance Co. Ltd. (2019–2023)
Cash flow quality index of Ningbo Tianyi Medical Appliance Co. Ltd. from 2019 to 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. Explore Ningbo Tianyi Medical Appliance Co. Ltd. cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Ningbo Tianyi Medical Appliance Co. Ltd. Cash Flow Quality Index by Year (2019–2023)
Ningbo Tianyi Medical Appliance Co. Ltd. cash flow quality index by year from 2019 to 2023. Year-by-year earnings quality comparison for Ningbo Tianyi Medical Appliance Co. Ltd.. For the full cash flow conversion analysis, see cash efficiency ratio of Ningbo Tianyi Medical Appliance Co. Ltd..
| 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 | — |