Tongwei Co Ltd (600438) — Cash Flow Quality Index
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 Tongwei Co Ltd (600438) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see how efficiently does Tongwei Co Ltd generate cash.
Annual Cash Flow Quality Index for Tongwei Co Ltd (2002–2023)
Year-by-year earnings quality comparison for 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 | — |