Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd (600307) — Cash Flow Quality Index

Latest as of September 2023: 20.14x

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 how well can Gansu Jiu Steel Group Hongxing Iron & St service its debt 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

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

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. For the full cash flow conversion analysis, see how efficiently does Gansu Jiu Steel Group Hongxing Iron & St generate cash.

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

Year-by-year earnings quality comparison for Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd.

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.