Xining Special Steel Co Ltd (600117) — Cash Flow Quality Index

Latest as of December 2023: -0.16x

Xining Special Steel Co Ltd (600117) has a Cash Flow Quality Index of -0.16x as of December 2023. Operating cash flow of CN¥-459.23 Million is below net income of CN¥2.85 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Xining Special Steel Co Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-0.16x
Operating CF / Net Income

Operating Cash Flow

CN¥-459.23 Million
CNY

Net Income

CN¥2.85 Billion
CNY

Data as of

Dec 2023
Most recent filing

Xining Special Steel Co Ltd Cash Flow Quality Index (1998–2023)

Historical Cash Flow Quality Index for Xining Special Steel Co Ltd across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 600117 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Xining Special Steel Co Ltd (1998–2023)

Year-by-year earnings quality comparison for Xining Special Steel Co Ltd. For live market cap and the full company financial profile, see 600117 company net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 -0.29x CN¥-360.59 Million CN¥1.25 Billion ▼ -103.4%
2020 8.50x CN¥920.05 Million CN¥108.28 Million ▲ +213.5%
2019 2.71x CN¥386.63 Million CN¥142.66 Million ▼ -51.0%
2017 5.53x CN¥416.02 Million CN¥75.27 Million ▲ +112.6%
2016 -43.88x CN¥-1.86 Billion CN¥42.31 Million ▼ -2906.2%
2014 -1.46x CN¥-105.34 Million CN¥72.18 Million ▲ +24.1%
2012 -1.92x CN¥-177.46 Million CN¥92.24 Million ▼ -229.8%
2011 1.48x CN¥723.81 Million CN¥488.48 Million ▲ +226.1%
2010 0.45x CN¥149.26 Million CN¥328.52 Million ▼ -83.9%
2009 2.83x CN¥179.28 Million CN¥63.40 Million ▲ +140.1%
2008 1.18x CN¥420.13 Million CN¥356.68 Million ▼ -10.5%
2007 1.32x CN¥623.26 Million CN¥473.79 Million ▲ +35.4%
2006 0.97x CN¥253.74 Million CN¥261.15 Million ▼ -82.5%
2005 5.56x CN¥809.80 Million CN¥145.68 Million ▲ +265.4%
2004 1.52x CN¥170.99 Million CN¥112.41 Million ▼ -16.4%
2003 1.82x CN¥164.90 Million CN¥90.61 Million ▲ +70.1%
2002 1.07x CN¥121.62 Million CN¥113.69 Million ▼ -44.8%
2001 1.94x CN¥174.57 Million CN¥90.04 Million ▲ +200.1%
2000 0.65x CN¥51.63 Million CN¥79.93 Million ▲ +134.4%
1999 -1.88x CN¥-196.67 Million CN¥104.72 Million ▼ -585.9%
1998 0.39x CN¥39.56 Million CN¥102.35 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.