AVIC Capital Co Ltd (600705) — Cash Flow Quality Index

Latest as of June 2023: -37.86x

AVIC Capital Co Ltd (600705) has a Cash Flow Quality Index of -37.86x as of June 2023. Operating cash flow of CN¥-21.14 Billion is below net income of CN¥558.47 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of AVIC Capital Co Ltd to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-37.86x
Operating CF / Net Income

Operating Cash Flow

CN¥-21.14 Billion
CNY

Net Income

CN¥558.47 Million
CNY

Data as of

Jun 2023
Most recent filing

AVIC Capital Co Ltd Cash Flow Quality Index (2015–2023)

Historical Cash Flow Quality Index for AVIC Capital Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see AVIC Capital Co Ltd cash conversion from operations.

Annual Cash Flow Quality Index for AVIC Capital Co Ltd (2015–2023)

Year-by-year earnings quality comparison for AVIC Capital Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 25.01x CN¥7.26 Billion CN¥290.19 Million ▲ +109.4%
2022 11.94x CN¥20.07 Billion CN¥1.68 Billion ▲ +18.3%
2021 10.09x CN¥45.21 Billion CN¥4.48 Billion ▲ +229.3%
2020 3.06x CN¥10.03 Billion CN¥3.27 Billion ▲ +289.7%
2019 -1.62x CN¥-4.95 Billion CN¥3.06 Billion ▲ +86.9%
2018 -12.31x CN¥-38.97 Billion CN¥3.17 Billion ▼ -237.4%
2017 8.96x CN¥24.93 Billion CN¥2.78 Billion ▲ +263.2%
2016 -5.49x CN¥-12.76 Billion CN¥2.32 Billion ▼ -165.6%
2015 8.37x CN¥19.36 Billion CN¥2.31 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.