Southwest Securities Co Ltd (600369) — Cash Flow Quality Index
Southwest Securities Co Ltd (600369) has a Cash Flow Quality Index of -23.37x as of September 2025. Operating cash flow of CN¥-6.60 Billion is below net income of CN¥282.57 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Southwest Securities Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Southwest Securities Co Ltd Cash Flow Quality Index (1999–2024)
Historical Cash Flow Quality Index for Southwest Securities Co Ltd across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 600369 cash generation efficiency.
Annual Cash Flow Quality Index for Southwest Securities Co Ltd (1999–2024)
Year-by-year earnings quality comparison for Southwest Securities Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 14.86x | CN¥10.40 Billion | CN¥699.39 Million | ▲ +669.5% |
| 2023 | -2.61x | CN¥-1.56 Billion | CN¥598.51 Million | ▼ -126.9% |
| 2022 | 9.71x | CN¥2.97 Billion | CN¥305.73 Million | ▲ +6436.2% |
| 2021 | -0.15x | CN¥-157.19 Million | CN¥1.03 Billion | ▲ +95.7% |
| 2020 | -3.60x | CN¥-3.81 Billion | CN¥1.06 Billion | ▼ -337.1% |
| 2019 | 1.52x | CN¥1.46 Billion | CN¥964.50 Million | ▼ -86.1% |
| 2018 | 10.91x | CN¥2.35 Billion | CN¥215.23 Million | ▲ +281.2% |
| 2017 | -6.02x | CN¥-4.16 Billion | CN¥690.88 Million | ▲ +48.2% |
| 2016 | -11.63x | CN¥-10.62 Billion | CN¥912.70 Million | ▼ -1777.9% |
| 2015 | 0.69x | CN¥2.46 Billion | CN¥3.55 Billion | ▼ -83.3% |
| 2014 | 4.14x | CN¥5.58 Billion | CN¥1.35 Billion | ▲ +372.0% |
| 2013 | -1.52x | CN¥-968.48 Million | CN¥636.43 Million | ▼ -32.4% |
| 2012 | -1.15x | CN¥-393.44 Million | CN¥342.41 Million | ▲ +91.4% |
| 2011 | -13.34x | CN¥-3.50 Billion | CN¥262.68 Million | ▼ -126.8% |
| 2010 | -5.88x | CN¥-4.74 Billion | CN¥805.28 Million | ▼ -230.7% |
| 2009 | 4.50x | CN¥4.53 Billion | CN¥1.01 Billion | ▲ +122.3% |
| 2008 | -20.20x | CN¥-2.87 Billion | CN¥142.06 Million | ▼ -587.4% |
| 2007 | 4.14x | CN¥4.03 Billion | CN¥973.00 Million | ▲ +620.2% |
| 2002 | 0.58x | CN¥11.54 Million | CN¥20.04 Million | ▲ +108.2% |
| 2001 | -6.99x | CN¥-110.31 Million | CN¥15.77 Million | ▼ -324.7% |
| 2000 | 3.11x | CN¥77.20 Million | CN¥24.80 Million | ▲ +1.8% |
| 1999 | 3.06x | CN¥92.67 Million | CN¥30.30 Million | — |