Guangdong Meiyan Jixiang Hydropower Co Ltd (600868) — Cash Flow Quality Index

Latest as of June 2024: 2.06x

Guangdong Meiyan Jixiang Hydropower Co Ltd (600868) has a Cash Flow Quality Index of 2.06x as of June 2024. Operating cash flow of CN¥44.89 Million exceeds net income of CN¥21.76 Million, indicating high earnings quality where cash backs reported profits. Explore Guangdong Meiyan Jixiang Hydropower Co L cash conversion from operations to assess how effectively this company generates cash.

Cash Flow Quality Index

2.06x
Operating CF / Net Income

Operating Cash Flow

CN¥44.89 Million
CNY

Net Income

CN¥21.76 Million
CNY

Data as of

Jun 2024
Most recent filing

Guangdong Meiyan Jixiang Hydropower Co Ltd Cash Flow Quality Index (1998–2022)

Historical Cash Flow Quality Index for Guangdong Meiyan Jixiang Hydropower Co Ltd across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 600868 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Guangdong Meiyan Jixiang Hydropower Co Ltd (1998–2022)

Year-by-year earnings quality comparison for Guangdong Meiyan Jixiang Hydropower Co Ltd. For live market cap and the full company financial profile, see Guangdong Meiyan Jixiang Hydropower Co L (600868) market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 1.05x CN¥79.40 Million CN¥75.60 Million ▲ +321.5%
2021 -0.47x CN¥-12.90 Million CN¥27.20 Million ▼ -117.7%
2020 2.68x CN¥97.60 Million CN¥36.47 Million ▼ -10.0%
2019 2.97x CN¥177.56 Million CN¥59.71 Million ▼ -1.6%
2018 3.02x CN¥80.64 Million CN¥26.67 Million ▲ +300.9%
2017 0.75x CN¥88.65 Million CN¥117.56 Million ▼ -74.2%
2016 2.92x CN¥195.58 Million CN¥67.03 Million ▼ -54.4%
2015 6.40x CN¥82.20 Million CN¥12.85 Million ▲ +30.4%
2013 4.91x CN¥122.65 Million CN¥24.99 Million ▲ +60.2%
2012 3.06x CN¥99.00 Million CN¥32.32 Million ▼ -64.7%
2011 8.68x CN¥134.90 Million CN¥15.54 Million ▲ +1141.1%
2010 0.70x CN¥166.90 Million CN¥238.60 Million ▼ -38.7%
2008 1.14x CN¥220.04 Million CN¥192.73 Million ▼ -98.3%
2005 65.67x CN¥162.15 Million CN¥2.47 Million ▲ +7102.2%
2004 0.91x CN¥104.20 Million CN¥114.28 Million ▲ +9.2%
2003 0.84x CN¥181.71 Million CN¥217.59 Million ▲ +51.5%
2002 0.55x CN¥118.73 Million CN¥215.42 Million ▼ -16.5%
2001 0.66x CN¥105.03 Million CN¥159.18 Million ▼ -47.4%
2000 1.25x CN¥226.49 Million CN¥180.52 Million ▲ +17.7%
1999 1.07x CN¥197.83 Million CN¥185.57 Million ▲ +61.0%
1998 0.66x CN¥119.34 Million CN¥180.23 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.