Shandong Binzhou Bohai Piston Co Ltd (600960) — Cash Flow Quality Index

Latest as of June 2025: 0.66x

Shandong Binzhou Bohai Piston Co Ltd (600960) has a Cash Flow Quality Index of 0.66x as of June 2025. Operating cash flow of CN¥197.71 Million is below net income of CN¥300.94 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Shandong Binzhou Bohai Piston Co Ltd (600960) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.66x
Operating CF / Net Income

Operating Cash Flow

CN¥197.71 Million
CNY

Net Income

CN¥300.94 Million
CNY

Data as of

Jun 2025
Most recent filing

Shandong Binzhou Bohai Piston Co Ltd Cash Flow Quality Index (2003–2020)

Historical Cash Flow Quality Index for Shandong Binzhou Bohai Piston Co Ltd across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Shandong Binzhou Bohai Piston Co Ltd (600960) cash flow conversion.

Annual Cash Flow Quality Index for Shandong Binzhou Bohai Piston Co Ltd (2003–2020)

Year-by-year earnings quality comparison for Shandong Binzhou Bohai Piston Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2020 5.08x CN¥109.27 Million CN¥21.52 Million ▼ -14.0%
2019 5.90x CN¥433.40 Million CN¥73.44 Million ▲ +1206.2%
2018 -0.53x CN¥-66.27 Million CN¥124.21 Million ▼ -117.5%
2017 -0.25x CN¥-57.20 Million CN¥233.16 Million ▼ -117.5%
2016 1.40x CN¥199.61 Million CN¥142.59 Million ▼ -89.0%
2015 12.70x CN¥193.74 Million CN¥15.25 Million ▲ +654.9%
2014 1.68x CN¥165.07 Million CN¥98.10 Million ▼ -44.5%
2013 3.03x CN¥184.31 Million CN¥60.81 Million ▼ -54.7%
2012 6.70x CN¥286.17 Million CN¥42.73 Million ▲ +183.0%
2011 2.37x CN¥238.03 Million CN¥100.57 Million ▲ +1.2%
2010 2.34x CN¥285.94 Million CN¥122.25 Million ▲ +115.9%
2009 1.08x CN¥57.03 Million CN¥52.65 Million ▼ -81.5%
2008 5.84x CN¥165.55 Million CN¥28.34 Million ▲ +322.8%
2007 1.38x CN¥44.85 Million CN¥32.46 Million ▼ -79.6%
2006 6.77x CN¥74.13 Million CN¥10.95 Million ▼ -2.1%
2005 6.92x CN¥57.89 Million CN¥8.37 Million ▲ +1901.0%
2004 -0.38x CN¥-15.64 Million CN¥40.71 Million ▼ -120.5%
2003 1.87x CN¥66.60 Million CN¥35.57 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.