CETC Energy Joint Stock Co Ltd (600877) — Cash Flow Quality Index

Latest as of March 2023: -2.55x

CETC Energy Joint Stock Co Ltd (600877) has a Cash Flow Quality Index of -2.55x as of March 2023. Operating cash flow of CN¥-46.93 Million is below net income of CN¥18.41 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore how large is CETC Energy Joint Stock Co Ltd's balance sheet for the complete picture of this company's asset base.

Cash Flow Quality Index

-2.55x
Operating CF / Net Income

Operating Cash Flow

CN¥-46.93 Million
CNY

Net Income

CN¥18.41 Million
CNY

Data as of

Mar 2023
Most recent filing

CETC Energy Joint Stock Co Ltd Cash Flow Quality Index (2000–2024)

Historical Cash Flow Quality Index for CETC Energy Joint Stock Co Ltd across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 600877 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for CETC Energy Joint Stock Co Ltd (2000–2024)

Year-by-year earnings quality comparison for CETC Energy Joint Stock Co Ltd. For live market cap and the full company financial profile, see CETC Energy Joint Stock Co Ltd market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 -0.83x CN¥-57.00 Million CN¥68.65 Million ▼ -190.9%
2023 0.91x CN¥213.81 Million CN¥234.05 Million ▲ +153.7%
2022 0.36x CN¥80.36 Million CN¥223.14 Million ▼ -37.7%
2021 0.58x CN¥80.36 Million CN¥139.04 Million ▼ -32.3%
2020 0.85x CN¥68.70 Million CN¥80.51 Million ▲ +101.2%
2019 0.42x CN¥33.82 Million CN¥79.74 Million ▲ +352.9%
2018 -0.17x CN¥-10.58 Million CN¥63.08 Million ▼ -3461.5%
2017 0.00x CN¥-1.42 Million CN¥301.55 Million ▼ -100.2%
2007 2.74x CN¥38.88 Million CN¥14.20 Million ▼ -52.5%
2005 5.76x CN¥50.04 Million CN¥8.68 Million ▼ -61.7%
2004 15.06x CN¥190.59 Million CN¥12.65 Million ▼ -30.7%
2003 21.75x CN¥122.06 Million CN¥5.61 Million ▲ +259.1%
2001 6.06x CN¥59.06 Million CN¥9.75 Million ▼ -81.9%
2000 33.38x CN¥785.96 Million CN¥23.54 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.