Tonghua Grape Wine Co Ltd (600365) — Cash Flow Quality Index

Latest as of March 2024: -40.97x

Tonghua Grape Wine Co Ltd (600365) has a Cash Flow Quality Index of -40.97x as of March 2024. Operating cash flow of CN¥-100.96 Million is below net income of CN¥2.46 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Tonghua Grape Wine Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-40.97x
Operating CF / Net Income

Operating Cash Flow

CN¥-100.96 Million
CNY

Net Income

CN¥2.46 Million
CNY

Data as of

Mar 2024
Most recent filing

Tonghua Grape Wine Co Ltd Cash Flow Quality Index (1999–2021)

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

Annual Cash Flow Quality Index for Tonghua Grape Wine Co Ltd (1999–2021)

Year-by-year earnings quality comparison for Tonghua Grape Wine Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2021 -27.03x CN¥-250.45 Million CN¥9.27 Million ▼ -56.4%
2018 -17.28x CN¥-573.23 Million CN¥33.16 Million ▲ +16.1%
2017 -20.60x CN¥-548.98 Million CN¥26.65 Million ▼ -42.9%
2016 -14.41x CN¥-288.00 Million CN¥19.98 Million ▼ -55.2%
2015 -9.29x CN¥-115.99 Million CN¥12.49 Million ▲ +20.6%
2014 -11.70x CN¥-26.07 Million CN¥2.23 Million ▼ -72.2%
2013 -6.80x CN¥-67.05 Million CN¥9.87 Million ▼ -883.1%
2012 -0.69x CN¥-9.07 Million CN¥13.11 Million ▲ +55.9%
2011 -1.57x CN¥-6.12 Million CN¥3.91 Million ▲ +26.5%
2008 -2.13x CN¥-4.58 Million CN¥2.15 Million ▲ +55.3%
2006 -4.78x CN¥-6.88 Million CN¥1.44 Million ▼ -124.9%
2005 19.19x CN¥19.63 Million CN¥1.02 Million ▲ +75.3%
2003 10.95x CN¥54.46 Million CN¥4.97 Million ▲ +786.5%
2002 -1.60x CN¥-14.66 Million CN¥9.19 Million ▲ +87.9%
2001 -13.22x CN¥-218.98 Million CN¥16.56 Million ▼ -1164.6%
2000 1.24x CN¥24.83 Million CN¥19.99 Million ▲ +179.5%
1999 -1.56x CN¥-28.47 Million CN¥18.23 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.