Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) — Cash Flow Quality Index

Latest as of June 2022: -0.34x

Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) has a Cash Flow Quality Index of -0.34x as of June 2022. Operating cash flow of CN¥-3.08 Million is below net income of CN¥8.93 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Shanghai National Center of Testing and balance sheet assets for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.34x
Operating CF / Net Income

Operating Cash Flow

CN¥-3.08 Million
CNY

Net Income

CN¥8.93 Million
CNY

Data as of

Jun 2022
Most recent filing

Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Cash Flow Quality Index (2019–2024)

Historical Cash Flow Quality Index for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Shanghai National Center of Testing and tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (2019–2024)

Year-by-year earnings quality comparison for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.. For live market cap and the full company financial profile, see 301289 market cap overview.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 2.29x CN¥172.72 Million CN¥75.28 Million ▲ +23.8%
2023 1.85x CN¥136.56 Million CN¥73.67 Million ▲ +38.4%
2022 1.34x CN¥98.56 Million CN¥73.61 Million ▼ -17.6%
2021 1.62x CN¥118.97 Million CN¥73.21 Million ▲ +31.2%
2020 1.24x CN¥68.94 Million CN¥55.68 Million ▼ -11.2%
2019 1.39x CN¥75.08 Million CN¥53.86 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.