EGing Photovoltaic Technology Co Ltd (600537) — Cash Flow Quality Index

Latest as of September 2023: 6.96x

EGing Photovoltaic Technology Co Ltd (600537) has a Cash Flow Quality Index of 6.96x as of September 2023. Operating cash flow of CN¥116.37 Million exceeds net income of CN¥16.72 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of EGing Photovoltaic Technology Co Ltd to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

6.96x
Operating CF / Net Income

Operating Cash Flow

CN¥116.37 Million
CNY

Net Income

CN¥16.72 Million
CNY

Data as of

Sep 2023
Most recent filing

EGing Photovoltaic Technology Co Ltd Cash Flow Quality Index (2001–2023)

Historical Cash Flow Quality Index for EGing Photovoltaic Technology Co Ltd across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see EGing Photovoltaic Technology Co Ltd cash flow conversion.

Annual Cash Flow Quality Index for EGing Photovoltaic Technology Co Ltd (2001–2023)

Year-by-year earnings quality comparison for EGing Photovoltaic Technology Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 0.51x CN¥34.72 Million CN¥67.59 Million ▼ -79.5%
2022 2.51x CN¥373.45 Million CN¥148.79 Million ▼ -60.1%
2018 6.28x CN¥431.10 Million CN¥68.60 Million ▲ +32.0%
2017 4.76x CN¥231.66 Million CN¥48.67 Million ▲ +288.4%
2016 1.23x CN¥440.24 Million CN¥359.21 Million ▼ -67.0%
2015 3.72x CN¥860.61 Million CN¥231.64 Million ▲ +111.7%
2014 1.75x CN¥202.14 Million CN¥115.19 Million ▼ -83.5%
2013 10.63x CN¥715.63 Million CN¥67.30 Million ▲ +182.3%
2011 3.77x CN¥417.04 Million CN¥110.73 Million ▼ -65.3%
2009 10.85x CN¥68.02 Million CN¥6.27 Million ▲ +0.8%
2008 10.76x CN¥58.09 Million CN¥5.40 Million ▲ +186.0%
2007 3.76x CN¥77.25 Million CN¥20.52 Million ▲ +17.5%
2006 3.20x CN¥46.82 Million CN¥14.62 Million ▲ +499.5%
2005 0.53x CN¥17.68 Million CN¥33.10 Million ▼ -60.8%
2004 1.36x CN¥56.98 Million CN¥41.82 Million ▲ +1.7%
2003 1.34x CN¥53.14 Million CN¥39.67 Million ▲ +59.0%
2002 0.84x CN¥32.35 Million CN¥38.39 Million ▲ +4.9%
2001 0.80x CN¥27.63 Million CN¥34.41 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.