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. Also explore 301238 total assets for the complete picture of this company's asset base.

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 Jiangsu Ruitai New Energy Materials Co. tangible equity quality to evaluate the tangible quality of the company's equity base.

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) market capitalisation.

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.