Shenzhen Minglida Precision Technology Co. Ltd. (301268) — Cash Flow Quality Index

Latest as of December 2023: 0.25x

Shenzhen Minglida Precision Technology Co. Ltd. (301268) has a Cash Flow Quality Index of 0.25x as of December 2023. Operating cash flow of CN¥79.76 Million is below net income of CN¥319.61 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Shenzhen Minglida Precision Technology C total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

0.25x
Operating CF / Net Income

Operating Cash Flow

CN¥79.76 Million
CNY

Net Income

CN¥319.61 Million
CNY

Data as of

Dec 2023
Most recent filing

Shenzhen Minglida Precision Technology Co. Ltd. Cash Flow Quality Index (2019–2023)

Historical Cash Flow Quality Index for Shenzhen Minglida Precision Technology Co. Ltd. across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Shenzhen Minglida Precision Technology C tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shenzhen Minglida Precision Technology Co. Ltd. (2019–2023)

Year-by-year earnings quality comparison for Shenzhen Minglida Precision Technology Co. Ltd.. For live market cap and the full company financial profile, see Shenzhen Minglida Precision Technology C (301268) total market value.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 0.25x CN¥79.76 Million CN¥319.61 Million ▲ +332.2%
2022 0.06x CN¥23.27 Million CN¥402.96 Million ▼ -92.4%
2021 0.76x CN¥113.20 Million CN¥148.18 Million ▼ -56.4%
2020 1.75x CN¥296.11 Million CN¥168.96 Million ▲ +48.7%
2019 1.18x CN¥113.03 Million CN¥95.88 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.