Tsingtao Brewery Co Ltd (600600) — Cash Flow Quality Index
Tsingtao Brewery Co Ltd (600600) has a Cash Flow Quality Index of 0.75x as of September 2025. Operating cash flow of CN¥1.03 Billion is below net income of CN¥1.37 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore 600600 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Tsingtao Brewery Co Ltd Cash Flow Quality Index (1998–2024)
Historical Cash Flow Quality Index for Tsingtao Brewery Co Ltd across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 600600 cash flow conversion.
Annual Cash Flow Quality Index for Tsingtao Brewery Co Ltd (1998–2024)
Year-by-year earnings quality comparison for Tsingtao Brewery Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.19x | CN¥5.15 Billion | CN¥4.34 Billion | ▲ +82.3% |
| 2023 | 0.65x | CN¥2.78 Billion | CN¥4.27 Billion | ▼ -50.5% |
| 2022 | 1.31x | CN¥4.88 Billion | CN¥3.71 Billion | ▼ -31.3% |
| 2021 | 1.92x | CN¥6.04 Billion | CN¥3.16 Billion | ▼ -14.9% |
| 2020 | 2.25x | CN¥4.95 Billion | CN¥2.20 Billion | ▲ +3.8% |
| 2019 | 2.17x | CN¥4.02 Billion | CN¥1.85 Billion | ▼ -22.7% |
| 2018 | 2.81x | CN¥3.99 Billion | CN¥1.42 Billion | ▲ +53.3% |
| 2017 | 1.83x | CN¥2.31 Billion | CN¥1.26 Billion | ▼ -35.7% |
| 2016 | 2.85x | CN¥2.97 Billion | CN¥1.04 Billion | ▲ +89.4% |
| 2015 | 1.50x | CN¥2.57 Billion | CN¥1.71 Billion | ▲ +76.9% |
| 2014 | 0.85x | CN¥1.69 Billion | CN¥1.99 Billion | ▼ -50.7% |
| 2013 | 1.72x | CN¥3.40 Billion | CN¥1.97 Billion | ▼ -2.3% |
| 2012 | 1.76x | CN¥3.10 Billion | CN¥1.76 Billion | ▲ +69.4% |
| 2011 | 1.04x | CN¥1.87 Billion | CN¥1.80 Billion | ▼ -49.7% |
| 2010 | 2.07x | CN¥3.28 Billion | CN¥1.58 Billion | ▼ -19.9% |
| 2009 | 2.59x | CN¥3.36 Billion | CN¥1.30 Billion | ▲ +25.8% |
| 2008 | 2.06x | CN¥1.51 Billion | CN¥733.77 Million | ▲ +12.4% |
| 2007 | 1.83x | CN¥1.09 Billion | CN¥598.00 Million | ▼ -29.4% |
| 2006 | 2.59x | CN¥1.13 Billion | CN¥435.24 Million | ▼ -25.5% |
| 2005 | 3.48x | CN¥1.18 Billion | CN¥339.46 Million | ▼ -19.0% |
| 2004 | 4.29x | CN¥1.29 Billion | CN¥301.65 Million | ▲ +9.6% |
| 2003 | 3.92x | CN¥1.14 Billion | CN¥290.63 Million | ▼ -5.3% |
| 2002 | 4.13x | CN¥1.11 Billion | CN¥267.53 Million | ▼ -6.6% |
| 2001 | 4.43x | CN¥529.89 Million | CN¥119.67 Million | ▲ +51.5% |
| 2000 | 2.92x | CN¥334.10 Million | CN¥114.29 Million | ▼ -11.6% |
| 1999 | 3.30x | CN¥307.72 Million | CN¥93.11 Million | ▲ +87.9% |
| 1998 | 1.76x | CN¥174.12 Million | CN¥99.00 Million | — |