Jiangsu Ruitai New Energy Materials Co. Ltd. (301238) — Cash Flow Quality Index

Latest as of June 2022: 0.95x

Jiangsu Ruitai New Energy Materials Co. Ltd. (301238) has a Cash Flow Quality Index of 0.95x as of June 2022. Operating cash flow of CN¥199.62 Million is below net income of CN¥210.47 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Jiangsu Ruitai New Energy Materials Co. cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

0.95x
Operating CF / Net Income

Operating Cash Flow

CN¥199.62 Million
CNY

Net Income

CN¥210.47 Million
CNY

Data as of

Jun 2022
Most recent filing

Jiangsu Ruitai New Energy Materials Co. Ltd. Cash Flow Quality Index (2019–2024)

Historical Cash Flow Quality Index for Jiangsu Ruitai New Energy Materials Co. Ltd. across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 301238 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Jiangsu Ruitai New Energy Materials Co. Ltd. (2019–2024)

Year-by-year earnings quality comparison for Jiangsu Ruitai New Energy Materials Co. Ltd.. For live market cap and the full company financial profile, see Jiangsu Ruitai New Energy Materials Co. (301238) total market value.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 0.26x CN¥22.22 Million CN¥84.60 Million ▼ -78.5%
2023 1.22x CN¥568.79 Million CN¥466.42 Million ▼ -0.9%
2022 1.23x CN¥955.97 Million CN¥776.90 Million ▲ +1272.3%
2021 0.09x CN¥54.01 Million CN¥602.34 Million ▼ -93.6%
2020 1.41x CN¥362.00 Million CN¥257.30 Million ▲ +61.2%
2019 0.87x CN¥154.31 Million CN¥176.85 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.