Guangdong Mingyang Electric Co. Ltd. A (301291) — Cash Flow Quality Index
Guangdong Mingyang Electric Co. Ltd. A (301291) has a Cash Flow Quality Index of 0.16x as of December 2025. Operating cash flow of CN¥95.83 Million is below net income of CN¥588.29 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 301291 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Guangdong Mingyang Electric Co. Ltd. A Cash Flow Quality Index (2021–2025)
Historical Cash Flow Quality Index for Guangdong Mingyang Electric Co. Ltd. A across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Guangdong Mingyang Electric Co. Ltd. A cash flow conversion.
Annual Cash Flow Quality Index for Guangdong Mingyang Electric Co. Ltd. A (2021–2025)
Year-by-year earnings quality comparison for Guangdong Mingyang Electric Co. Ltd. A.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.16x | CN¥95.83 Million | CN¥588.29 Million | ▼ -72.0% |
| 2024 | 0.58x | CN¥385.50 Million | CN¥662.52 Million | ▼ -11.2% |
| 2023 | 0.65x | CN¥326.10 Million | CN¥497.87 Million | ▼ -39.6% |
| 2022 | 1.08x | CN¥287.78 Million | CN¥265.29 Million | ▲ +52.0% |
| 2021 | 0.71x | CN¥115.19 Million | CN¥161.39 Million | — |