Tianjin You Fa Steel Pipe Group Stock Co Ltd (601686) — Cash Flow Quality Index

Latest as of September 2025: -2.18x

Tianjin You Fa Steel Pipe Group Stock Co Ltd (601686) has a Cash Flow Quality Index of -2.18x as of September 2025. Operating cash flow of CN¥-467.59 Million is below net income of CN¥214.79 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 601686 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-2.18x
Operating CF / Net Income

Operating Cash Flow

CN¥-467.59 Million
CNY

Net Income

CN¥214.79 Million
CNY

Data as of

Sep 2025
Most recent filing

Tianjin You Fa Steel Pipe Group Stock Co Ltd Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for Tianjin You Fa Steel Pipe Group Stock Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 601686 cash flow conversion.

Annual Cash Flow Quality Index for Tianjin You Fa Steel Pipe Group Stock Co Ltd (2016–2024)

Year-by-year earnings quality comparison for Tianjin You Fa Steel Pipe Group Stock Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 2.89x CN¥1.39 Billion CN¥482.10 Million ▲ +293.8%
2023 0.73x CN¥419.97 Million CN¥572.00 Million ▼ -79.3%
2022 3.55x CN¥776.63 Million CN¥218.57 Million ▲ +154.0%
2021 1.40x CN¥811.25 Million CN¥579.83 Million ▲ +418.7%
2020 0.27x CN¥317.51 Million CN¥1.18 Billion ▼ -73.3%
2019 1.01x CN¥907.97 Million CN¥897.52 Million ▼ -46.9%
2018 1.90x CN¥786.46 Million CN¥413.08 Million ▲ +238.7%
2017 -1.37x CN¥-628.84 Million CN¥458.01 Million ▼ -312.7%
2016 0.65x CN¥321.53 Million CN¥498.17 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.