Ningbo Tianyi Medical Appliance Co. Ltd. (301097) — 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. Explore 301097 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see cash efficiency ratio of Ningbo Tianyi Medical Appliance Co. Ltd..
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..
| 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 | — |