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 600724 operating cash flow to assess how effectively this company generates cash.

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 600724 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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 (600724) total market value.

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.