Shenzhen Minglida Precision Technology Co. Ltd. (301268) — Cash Flow Quality Index
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. Explore debt repayment capacity of Shenzhen Minglida Precision Technology C to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see cash efficiency ratio of Shenzhen Minglida Precision Technology C.
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..
| 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 | — |