North Long Dragon New Materials Technology Co. Ltd. A (301357) — Cash Flow Quality Index
North Long Dragon New Materials Technology Co. Ltd. A (301357) has a Cash Flow Quality Index of -0.51x as of December 2023. Operating cash flow of CN¥-5.85 Million is below net income of CN¥11.54 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can North Long Dragon New Materials Technolo service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
North Long Dragon New Materials Technology Co. Ltd. A Cash Flow Quality Index (2021–2023)
Historical Cash Flow Quality Index for North Long Dragon New Materials Technology Co. Ltd. A across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of North Long Dragon New Materials Technolo.
Annual Cash Flow Quality Index for North Long Dragon New Materials Technology Co. Ltd. A (2021–2023)
Year-by-year earnings quality comparison for North Long Dragon New Materials Technology Co. Ltd. A.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -0.51x | CN¥-5.85 Million | CN¥11.54 Million | ▼ -179.3% |
| 2022 | 0.64x | CN¥51.23 Million | CN¥80.20 Million | ▲ +26.9% |
| 2021 | 0.50x | CN¥54.66 Million | CN¥108.60 Million | — |