PetroChina Co Ltd Class A Cash Flow Quality Index

Latest as of September 2023: 2.57x

PetroChina Co Ltd Class A cash flow quality index. PetroChina Co Ltd Class A (601857) has a Cash Flow Quality Index of 2.57x as of September 2023. Operating cash flow of CN¥119.29 Billion exceeds net income of CN¥46.38 Billion, indicating high earnings quality where cash backs reported profits. Explore how well can PetroChina Co Ltd Class A service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.57x
Operating CF / Net Income

Operating Cash Flow

CN¥119.29 Billion
CNY

Net Income

CN¥46.38 Billion
CNY

Data as of

Sep 2023
Most recent filing

Cash Flow Quality Index of PetroChina Co Ltd Class A (2014–2024)

Cash flow quality index of PetroChina Co Ltd Class A from 2014 to 2024. Historical Cash Flow Quality Index for PetroChina Co Ltd Class A across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. See PetroChina Co Ltd Class A balance sheet independence to measure how much of total assets are equity-financed.

PetroChina Co Ltd Class A Cash Flow Quality Index by Year (2014–2024)

PetroChina Co Ltd Class A cash flow quality index by year from 2014 to 2024. Year-by-year earnings quality comparison for PetroChina Co Ltd Class A. For the full cash flow conversion analysis, see cash flow conversion of PetroChina Co Ltd Class A.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 2.47x CN¥406.53 Billion CN¥164.68 Billion ▼ -12.9%
2023 2.83x CN¥456.60 Billion CN¥161.15 Billion ▲ +7.5%
2022 2.64x CN¥393.77 Billion CN¥149.38 Billion ▼ -28.9%
2021 3.71x CN¥341.47 Billion CN¥92.16 Billion ▼ -77.9%
2020 16.77x CN¥318.57 Billion CN¥19.00 Billion ▲ +113.0%
2019 7.87x CN¥359.61 Billion CN¥45.68 Billion ▲ +18.2%
2018 6.66x CN¥353.26 Billion CN¥53.04 Billion ▼ -58.6%
2017 16.08x CN¥366.65 Billion CN¥22.80 Billion ▼ -52.3%
2016 33.75x CN¥265.18 Billion CN¥7.86 Billion ▲ +358.7%
2015 7.36x CN¥261.31 Billion CN¥35.52 Billion ▲ +145.7%
2014 2.99x CN¥57.46 Billion CN¥19.19 Billion —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.