Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd Cash Flow Quality Index

Latest as of September 2023: 20.14x

Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd cash flow quality index. Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd (600307) has a Cash Flow Quality Index of 20.14x as of September 2023. Operating cash flow of CN¥769.34 Million exceeds net income of CN¥38.20 Million, indicating high earnings quality where cash backs reported profits. Explore 600307 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

20.14x
Operating CF / Net Income

Operating Cash Flow

CN¥769.34 Million
CNY

Net Income

CN¥38.20 Million
CNY

Data as of

Sep 2023
Most recent filing

Cash Flow Quality Index of Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd (2000–2021)

Cash flow quality index of Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd from 2000 to 2021. Historical Cash Flow Quality Index for Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. See 600307 equity financing ratio to measure how much of total assets are equity-financed.

Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd Cash Flow Quality Index by Year (2000–2021)

Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd cash flow quality index by year from 2000 to 2021. Year-by-year earnings quality comparison for Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd. For the full cash flow conversion analysis, see Gansu Jiu Steel Group Hongxing Iron & St (600307) cash conversion ratio.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2021 2.57x CN¥3.83 Billion CN¥1.49 Billion ▲ +19.4%
2020 2.16x CN¥1.12 Billion CN¥518.92 Million ▼ -14.5%
2019 2.52x CN¥3.13 Billion CN¥1.24 Billion ▼ -22.5%
2018 3.25x CN¥3.57 Billion CN¥1.10 Billion ▼ -44.8%
2017 5.89x CN¥2.03 Billion CN¥345.18 Million ▼ -97.1%
2016 200.11x CN¥4.35 Billion CN¥21.72 Million ▼ -33.8%
2014 302.49x CN¥6.75 Billion CN¥22.30 Million ▲ +27918.6%
2012 1.08x CN¥515.35 Million CN¥477.34 Million ▼ -15.0%
2011 1.27x CN¥1.94 Billion CN¥1.53 Billion ▲ +39.8%
2010 0.91x CN¥872.51 Million CN¥960.87 Million ▼ -79.7%
2009 4.47x CN¥1.46 Billion CN¥326.12 Million ▼ -93.2%
2008 66.15x CN¥2.23 Billion CN¥33.77 Million ▲ +2630.3%
2007 2.42x CN¥1.93 Billion CN¥798.57 Million ▼ -13.0%
2006 2.79x CN¥1.27 Billion CN¥454.42 Million ▲ +160.6%
2005 1.07x CN¥552.16 Million CN¥516.43 Million ▼ -28.3%
2004 1.49x CN¥1.16 Billion CN¥776.10 Million ▲ +25.1%
2003 1.19x CN¥716.25 Million CN¥601.14 Million ▼ -54.2%
2002 2.60x CN¥592.99 Million CN¥228.01 Million ▲ +23.8%
2001 2.10x CN¥561.60 Million CN¥267.26 Million ▲ +62.4%
2000 1.29x CN¥225.00 Million CN¥173.92 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.