Ming Yang Smart Energy Group Ltd (601615) — Cash Flow Quality Index

Latest as of September 2025: -8.66x

Ming Yang Smart Energy Group Ltd (601615) has a Cash Flow Quality Index of -8.66x as of September 2025. Operating cash flow of CN¥-1.35 Billion is below net income of CN¥155.83 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Ming Yang Smart Energy Group Ltd (601615) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-8.66x
Operating CF / Net Income

Operating Cash Flow

CN¥-1.35 Billion
CNY

Net Income

CN¥155.83 Million
CNY

Data as of

Sep 2025
Most recent filing

Ming Yang Smart Energy Group Ltd Cash Flow Quality Index (2009–2025)

Historical Cash Flow Quality Index for Ming Yang Smart Energy Group Ltd across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 601615 cash flow metrics.

Annual Cash Flow Quality Index for Ming Yang Smart Energy Group Ltd (2009–2025)

Year-by-year earnings quality comparison for Ming Yang Smart Energy Group Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 -8.39x CN¥-5.54 Billion CN¥659.87 Million ▼ -29.9%
2024 -6.46x CN¥-2.40 Billion CN¥371.87 Million ▲ +7.1%
2023 -6.96x CN¥-2.59 Billion CN¥372.45 Million ▼ -2915.5%
2022 -0.23x CN¥-795.90 Million CN¥3.45 Billion ▼ -112.7%
2021 1.82x CN¥5.40 Billion CN¥2.96 Billion ▼ -34.5%
2020 2.78x CN¥3.63 Billion CN¥1.30 Billion ▼ -68.0%
2019 8.70x CN¥5.76 Billion CN¥661.33 Million ▲ +1231.4%
2018 0.65x CN¥276.32 Million CN¥422.75 Million ▼ -83.4%
2017 3.94x CN¥1.29 Billion CN¥328.42 Million ▲ +1140.0%
2016 0.32x CN¥91.40 Million CN¥287.96 Million ▼ -2.3%
2015 0.32x CN¥112.62 Million CN¥346.60 Million ▼ -96.4%
2014 8.98x CN¥1.28 Billion CN¥142.97 Million ▲ +176.1%
2013 -11.81x CN¥-127.58 Million CN¥10.81 Million ▼ -32.5%
2011 -8.91x CN¥-681.90 Million CN¥76.54 Million ▼ -244.6%
2010 -2.59x CN¥-775.55 Million CN¥299.97 Million ▼ -317.8%
2009 1.19x CN¥370.74 Million CN¥312.35 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.