Changzhou Xiangming Intelligent Drive System Corporation (301226) — Cash Flow Quality Index

Latest as of December 2024: 2.00x

Changzhou Xiangming Intelligent Drive System Corporation (301226) has a Cash Flow Quality Index of 2.00x as of December 2024. Operating cash flow of CN¥58.60 Million exceeds net income of CN¥29.30 Million, indicating high earnings quality where cash backs reported profits. Also explore 301226 total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

2.00x
Operating CF / Net Income

Operating Cash Flow

CN¥58.60 Million
CNY

Net Income

CN¥29.30 Million
CNY

Data as of

Dec 2024
Most recent filing

Changzhou Xiangming Intelligent Drive System Corporation Cash Flow Quality Index (2019–2024)

Historical Cash Flow Quality Index for Changzhou Xiangming Intelligent Drive System Corporation across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Changzhou Xiangming Intelligent Drive Sy to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Changzhou Xiangming Intelligent Drive System Corporation (2019–2024)

Year-by-year earnings quality comparison for Changzhou Xiangming Intelligent Drive System Corporation. For live market cap and the full company financial profile, see 301226 company net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 2.00x CN¥58.60 Million CN¥29.30 Million ▲ +109.5%
2023 0.95x CN¥39.17 Million CN¥41.04 Million ▼ -26.8%
2022 1.30x CN¥84.44 Million CN¥64.74 Million ▲ +820.3%
2021 0.14x CN¥8.85 Million CN¥62.46 Million ▼ -84.4%
2020 0.91x CN¥54.05 Million CN¥59.65 Million ▲ +1.0%
2019 0.90x CN¥40.16 Million CN¥44.75 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.