Ningbo Fuda Co Ltd (600724) — Cash Flow Quality Index

Latest as of June 2023: 2.77x

Ningbo Fuda Co Ltd (600724) has a Cash Flow Quality Index of 2.77x as of June 2023. Operating cash flow of CN¥150.33 Million exceeds net income of CN¥54.36 Million, indicating high earnings quality where cash backs reported profits. Explore Ningbo Fuda Co Ltd long-term investment allocation to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

2.77x
Operating CF / Net Income

Operating Cash Flow

CN¥150.33 Million
CNY

Net Income

CN¥54.36 Million
CNY

Data as of

Jun 2023
Most recent filing

Ningbo Fuda Co Ltd Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for Ningbo Fuda Co Ltd across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Ningbo Fuda Co Ltd (600724) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Ningbo Fuda Co Ltd (2016–2024)

Year-by-year earnings quality comparison for Ningbo Fuda Co Ltd. For live market cap and the full company financial profile, see Ningbo Fuda Co Ltd market cap and net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.44x CN¥301.41 Million CN¥209.82 Million ▼ -20.1%
2023 1.80x CN¥413.85 Million CN¥230.15 Million ▲ +83.0%
2022 0.98x CN¥239.95 Million CN¥244.22 Million ▼ -3.9%
2021 1.02x CN¥368.69 Million CN¥360.60 Million ▼ -43.6%
2020 1.81x CN¥763.82 Million CN¥421.69 Million ▲ +45.9%
2019 1.24x CN¥604.81 Million CN¥487.20 Million ▼ -53.9%
2018 2.69x CN¥2.01 Billion CN¥747.22 Million ▼ -66.8%
2016 8.11x CN¥1.03 Billion CN¥127.36 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.