China National Gold Group Gold Jewellery Co Ltd (600916) — Cash Flow Quality Index

Latest as of December 2020: 0.11x

China National Gold Group Gold Jewellery Co Ltd (600916) has a Cash Flow Quality Index of 0.11x as of December 2020. Operating cash flow of CN¥19.16 Million is below net income of CN¥170.77 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore China National Gold Group Gold Jewellery asset portfolio for the complete picture of this company's asset base.

Cash Flow Quality Index

0.11x
Operating CF / Net Income

Operating Cash Flow

CN¥19.16 Million
CNY

Net Income

CN¥170.77 Million
CNY

Data as of

Dec 2020
Most recent filing

China National Gold Group Gold Jewellery Co Ltd Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for China National Gold Group Gold Jewellery Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check China National Gold Group Gold Jewellery (600916) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for China National Gold Group Gold Jewellery Co Ltd (2016–2024)

Year-by-year earnings quality comparison for China National Gold Group Gold Jewellery Co Ltd. For live market cap and the full company financial profile, see market cap of China National Gold Group Gold Jewellery.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 2.02x CN¥1.66 Billion CN¥818.39 Million ▲ +25.0%
2023 1.62x CN¥1.58 Billion CN¥973.48 Million ▲ +4.1%
2022 1.56x CN¥1.19 Billion CN¥767.07 Million ▲ +52.3%
2021 1.02x CN¥814.95 Million CN¥797.77 Million ▼ -7.7%
2020 1.11x CN¥555.50 Million CN¥502.05 Million ▼ -1.5%
2019 1.12x CN¥505.49 Million CN¥450.21 Million ▲ +1733.6%
2018 -0.07x CN¥-24.85 Million CN¥361.61 Million ▼ -104.8%
2017 1.43x CN¥426.10 Million CN¥298.75 Million ▲ +152.3%
2016 0.57x CN¥102.43 Million CN¥181.17 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.