Qinghaihuading Industrial Co Ltd (600243) — Cash Flow Quality Index

Latest as of December 2020: -1.51x

Qinghaihuading Industrial Co Ltd (600243) has a Cash Flow Quality Index of -1.51x as of December 2020. Operating cash flow of CN¥-38.67 Million is below net income of CN¥25.60 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Qinghaihuading Industrial Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-1.51x
Operating CF / Net Income

Operating Cash Flow

CN¥-38.67 Million
CNY

Net Income

CN¥25.60 Million
CNY

Data as of

Dec 2020
Most recent filing

Qinghaihuading Industrial Co Ltd Cash Flow Quality Index (1999–2020)

Historical Cash Flow Quality Index for Qinghaihuading Industrial Co Ltd across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Qinghaihuading Industrial Co Ltd cash conversion from operations.

Annual Cash Flow Quality Index for Qinghaihuading Industrial Co Ltd (1999–2020)

Year-by-year earnings quality comparison for Qinghaihuading Industrial Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2020 -7.34x CN¥-103.64 Million CN¥14.13 Million ▼ -72.2%
2017 -4.26x CN¥-73.74 Million CN¥17.31 Million ▼ -97.2%
2015 -2.16x CN¥-56.33 Million CN¥26.08 Million ▼ -131.4%
2013 6.89x CN¥65.32 Million CN¥9.49 Million ▲ +208.9%
2011 -6.33x CN¥-79.77 Million CN¥12.61 Million ▼ -293.2%
2010 3.27x CN¥70.90 Million CN¥21.66 Million ▲ +168.0%
2009 -4.81x CN¥-72.69 Million CN¥15.10 Million ▼ -1598.4%
2008 0.32x CN¥9.32 Million CN¥29.02 Million ▼ -76.1%
2007 1.34x CN¥45.33 Million CN¥33.76 Million ▼ -78.9%
2006 6.36x CN¥73.46 Million CN¥11.56 Million ▲ +112.0%
2005 3.00x CN¥28.22 Million CN¥9.41 Million ▲ +73.0%
2004 1.73x CN¥18.20 Million CN¥10.50 Million ▲ +121.4%
2003 0.78x CN¥9.10 Million CN¥11.62 Million ▲ +1582.2%
2002 0.05x CN¥648.93K CN¥13.94 Million ▲ +103.3%
2001 -1.40x CN¥-30.66 Million CN¥21.89 Million ▲ +65.7%
2000 -4.08x CN¥-76.78 Million CN¥18.83 Million ▼ -157.2%
1999 -1.59x CN¥-25.19 Million CN¥15.88 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.