Fujian Tendering Co. Ltd. (301136) — Cash Flow Quality Index

Latest as of December 2023: 2.15x

Fujian Tendering Co. Ltd. (301136) has a Cash Flow Quality Index of 2.15x as of December 2023. Operating cash flow of CN¥49.38 Million exceeds net income of CN¥22.94 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Fujian Tendering Co. Ltd. service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.15x
Operating CF / Net Income

Operating Cash Flow

CN¥49.38 Million
CNY

Net Income

CN¥22.94 Million
CNY

Data as of

Dec 2023
Most recent filing

Fujian Tendering Co. Ltd. Cash Flow Quality Index (2019–2023)

Historical Cash Flow Quality Index for Fujian Tendering Co. Ltd. across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Fujian Tendering Co. Ltd. (301136) cash flow conversion.

Annual Cash Flow Quality Index for Fujian Tendering Co. Ltd. (2019–2023)

Year-by-year earnings quality comparison for Fujian Tendering Co. Ltd..

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 2.15x CN¥49.38 Million CN¥22.94 Million ▲ +354.8%
2022 -0.84x CN¥-42.78 Million CN¥50.63 Million ▼ -197.6%
2021 0.87x CN¥66.83 Million CN¥77.17 Million ▲ +229.7%
2020 0.26x CN¥21.86 Million CN¥83.22 Million ▲ +139.8%
2019 -0.66x CN¥-59.64 Million CN¥90.37 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.