Xian Xice Testing Technology Co. Ltd. A (301306) — Cash Flow Quality Index

Latest as of December 2022: 0.28x

Xian Xice Testing Technology Co. Ltd. A (301306) has a Cash Flow Quality Index of 0.28x as of December 2022. Operating cash flow of CN¥18.12 Million is below net income of CN¥64.67 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Xian Xice Testing Technology Co. Ltd. A cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.28x
Operating CF / Net Income

Operating Cash Flow

CN¥18.12 Million
CNY

Net Income

CN¥64.67 Million
CNY

Data as of

Dec 2022
Most recent filing

Xian Xice Testing Technology Co. Ltd. A Cash Flow Quality Index (2019–2022)

Historical Cash Flow Quality Index for Xian Xice Testing Technology Co. Ltd. A across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 301306 cash flow metrics.

Annual Cash Flow Quality Index for Xian Xice Testing Technology Co. Ltd. A (2019–2022)

Year-by-year earnings quality comparison for Xian Xice Testing Technology Co. Ltd. A.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 0.28x CN¥18.12 Million CN¥64.67 Million ▼ -10.8%
2021 0.31x CN¥21.05 Million CN¥67.02 Million ▲ +21.0%
2020 0.26x CN¥12.91 Million CN¥49.72 Million ▼ -69.9%
2019 0.86x CN¥28.78 Million CN¥33.36 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.