Qingyan Environmental Technology Co. Ltd. (301288) — Cash Flow Quality Index

Latest as of December 2023: -0.10x

Qingyan Environmental Technology Co. Ltd. (301288) has a Cash Flow Quality Index of -0.10x as of December 2023. Operating cash flow of CN¥-2.02 Million is below net income of CN¥20.96 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Qingyan Environmental Technology Co. Ltd (301288) cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

-0.10x
Operating CF / Net Income

Operating Cash Flow

CN¥-2.02 Million
CNY

Net Income

CN¥20.96 Million
CNY

Data as of

Dec 2023
Most recent filing

Qingyan Environmental Technology Co. Ltd. Cash Flow Quality Index (2019–2023)

Historical Cash Flow Quality Index for Qingyan Environmental Technology Co. Ltd. across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check cash flow reinvestment rate of Qingyan Environmental Technology Co. Ltd to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Qingyan Environmental Technology Co. Ltd. (2019–2023)

Year-by-year earnings quality comparison for Qingyan Environmental Technology Co. Ltd.. For live market cap and the full company financial profile, see Qingyan Environmental Technology Co. Ltd (301288) market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 -0.10x CN¥-2.02 Million CN¥20.96 Million ▼ -103.4%
2022 2.79x CN¥34.09 Million CN¥12.21 Million ▲ +818.3%
2021 0.30x CN¥21.60 Million CN¥71.02 Million ▼ -49.0%
2020 0.60x CN¥41.85 Million CN¥70.11 Million ▼ -21.7%
2019 0.76x CN¥45.69 Million CN¥59.90 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.