Shanghai Prosolar Resources Development Co Ltd (600193) — Cash Flow Quality Index

Latest as of June 2023: -13.72x

Shanghai Prosolar Resources Development Co Ltd (600193) has a Cash Flow Quality Index of -13.72x as of June 2023. Operating cash flow of CN¥-8.95 Million is below net income of CN¥652.31K, suggesting accrual-heavy earnings not yet converted to cash. Explore Shanghai Prosolar Resources Development debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-13.72x
Operating CF / Net Income

Operating Cash Flow

CN¥-8.95 Million
CNY

Net Income

CN¥652.31K
CNY

Data as of

Jun 2023
Most recent filing

Shanghai Prosolar Resources Development Co Ltd Cash Flow Quality Index (2000–2022)

Historical Cash Flow Quality Index for Shanghai Prosolar Resources Development Co Ltd across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Shanghai Prosolar Resources Development generate cash.

Annual Cash Flow Quality Index for Shanghai Prosolar Resources Development Co Ltd (2000–2022)

Year-by-year earnings quality comparison for Shanghai Prosolar Resources Development Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 -10.64x CN¥-66.21 Million CN¥6.22 Million ▼ -2017.5%
2021 -0.50x CN¥-9.96 Million CN¥19.82 Million ▲ +35.7%
2020 -0.78x CN¥-45.28 Million CN¥57.94 Million ▼ -134.2%
2019 2.28x CN¥43.74 Million CN¥19.17 Million ▲ +463.2%
2018 -0.63x CN¥-18.03 Million CN¥28.69 Million ▼ -43.4%
2015 -0.44x CN¥-28.21 Million CN¥64.36 Million ▼ -565.5%
2012 0.09x CN¥10.51 Million CN¥111.65 Million ▼ -99.2%
2009 11.20x CN¥118.30 Million CN¥10.56 Million ▲ +135.9%
2006 4.75x CN¥53.38 Million CN¥11.24 Million ▼ -54.0%
2005 10.32x CN¥92.65 Million CN¥8.97 Million ▲ +27.0%
2004 8.13x CN¥79.94 Million CN¥9.83 Million ▲ +452.9%
2002 1.47x CN¥24.41 Million CN¥16.60 Million ▼ -72.4%
2001 5.33x CN¥87.12 Million CN¥16.35 Million ▲ +510.1%
2000 0.87x CN¥22.48 Million CN¥25.74 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.