Tongwei Co Ltd (600438) — Cash Flow Quality Index

Latest as of September 2023: -0.04x

Tongwei Co Ltd (600438) has a Cash Flow Quality Index of -0.04x as of September 2023. Operating cash flow of CN¥-131.27 Million is below net income of CN¥3.03 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore 600438 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-0.04x
Operating CF / Net Income

Operating Cash Flow

CN¥-131.27 Million
CNY

Net Income

CN¥3.03 Billion
CNY

Data as of

Sep 2023
Most recent filing

Tongwei Co Ltd Cash Flow Quality Index (2002–2023)

Historical Cash Flow Quality Index for Tongwei Co Ltd across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Tongwei Co Ltd (600438) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Tongwei Co Ltd (2002–2023)

Year-by-year earnings quality comparison for Tongwei Co Ltd. For live market cap and the full company financial profile, see market cap of Tongwei Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 1.68x CN¥30.68 Billion CN¥18.25 Billion ▲ +24.2%
2022 1.35x CN¥43.82 Billion CN¥32.37 Billion ▲ +55.3%
2021 0.87x CN¥7.62 Billion CN¥8.74 Billion ▲ +7.0%
2020 0.81x CN¥3.02 Billion CN¥3.71 Billion ▼ -7.3%
2019 0.88x CN¥2.36 Billion CN¥2.68 Billion ▼ -42.4%
2018 1.53x CN¥3.10 Billion CN¥2.03 Billion ▲ +6.8%
2017 1.43x CN¥2.92 Billion CN¥2.04 Billion ▼ -39.9%
2016 2.38x CN¥2.43 Billion CN¥1.02 Billion ▼ -20.3%
2015 2.98x CN¥1.02 Billion CN¥341.57 Million ▲ +73.3%
2014 1.72x CN¥579.70 Million CN¥337.27 Million ▼ -38.8%
2013 2.81x CN¥826.51 Million CN¥294.30 Million ▼ -37.9%
2012 4.53x CN¥380.10 Million CN¥84.00 Million ▲ +4.2%
2011 4.34x CN¥305.86 Million CN¥70.41 Million ▲ +208.0%
2010 1.41x CN¥202.60 Million CN¥143.64 Million ▼ -24.0%
2009 1.86x CN¥264.56 Million CN¥142.55 Million ▼ -45.0%
2008 3.37x CN¥506.07 Million CN¥149.96 Million ▲ +72.6%
2007 1.96x CN¥292.48 Million CN¥149.59 Million ▲ +669.1%
2006 0.25x CN¥44.89 Million CN¥176.60 Million ▼ -81.1%
2005 1.34x CN¥168.02 Million CN¥124.93 Million ▼ -60.5%
2004 3.41x CN¥246.16 Million CN¥72.26 Million ▲ +395.3%
2003 -1.15x CN¥-50.86 Million CN¥44.09 Million ▼ -153.7%
2002 2.15x CN¥111.78 Million CN¥52.08 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.