China Shipbuilding Industry Co Ltd (601989) — Cash Flow Quality Index

Latest as of June 2023: -14.40x

China Shipbuilding Industry Co Ltd (601989) has a Cash Flow Quality Index of -14.40x as of June 2023. Operating cash flow of CN¥-1.81 Billion is below net income of CN¥125.70 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore China Shipbuilding Industry Co Ltd balance sheet assets for the complete picture of this company's asset base.

Cash Flow Quality Index

-14.40x
Operating CF / Net Income

Operating Cash Flow

CN¥-1.81 Billion
CNY

Net Income

CN¥125.70 Million
CNY

Data as of

Jun 2023
Most recent filing

China Shipbuilding Industry Co Ltd Cash Flow Quality Index (2008–2024)

Historical Cash Flow Quality Index for China Shipbuilding Industry Co Ltd across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 601989 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for China Shipbuilding Industry Co Ltd (2008–2024)

Year-by-year earnings quality comparison for China Shipbuilding Industry Co Ltd. For live market cap and the full company financial profile, see China Shipbuilding Industry Co Ltd market cap and net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 7.24x CN¥9.49 Billion CN¥1.31 Billion ▲ +188.6%
2021 -8.17x CN¥-1.80 Billion CN¥219.91 Million ▼ -537.0%
2019 1.87x CN¥937.37 Million CN¥501.16 Million ▲ +70.9%
2018 1.09x CN¥736.18 Million CN¥672.75 Million ▲ +164.7%
2017 -1.69x CN¥-1.42 Billion CN¥837.64 Million ▲ +62.2%
2016 -4.47x CN¥-3.12 Billion CN¥698.03 Million ▼ -638.9%
2014 0.83x CN¥1.89 Billion CN¥2.28 Billion ▼ -64.1%
2008 2.31x CN¥2.83 Billion CN¥1.22 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.