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. Also explore Qingyan Environmental Technology Co. Ltd balance sheet assets for the complete picture of this company's asset base.

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 tangible net worth ratio of Qingyan Environmental Technology Co. Ltd to evaluate the tangible quality of the company's equity base.

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 301288 market cap overview.

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.