Zhejiang Aokang Shoes Co Ltd (603001) — Cash Flow Quality Index

Latest as of March 2024: 3.92x

Zhejiang Aokang Shoes Co Ltd (603001) has a Cash Flow Quality Index of 3.92x as of March 2024. Operating cash flow of CN¥88.56 Million exceeds net income of CN¥22.60 Million, indicating high earnings quality where cash backs reported profits. Explore Zhejiang Aokang Shoes Co Ltd (603001) long-term investment share to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

3.92x
Operating CF / Net Income

Operating Cash Flow

CN¥88.56 Million
CNY

Net Income

CN¥22.60 Million
CNY

Data as of

Mar 2024
Most recent filing

Zhejiang Aokang Shoes Co Ltd Cash Flow Quality Index (2009–2021)

Historical Cash Flow Quality Index for Zhejiang Aokang Shoes Co Ltd across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Zhejiang Aokang Shoes Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Zhejiang Aokang Shoes Co Ltd (2009–2021)

Year-by-year earnings quality comparison for Zhejiang Aokang Shoes Co Ltd. For live market cap and the full company financial profile, see 603001 company net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2021 6.50x CN¥222.52 Million CN¥34.25 Million ▼ -62.1%
2020 17.14x CN¥432.85 Million CN¥25.25 Million ▲ +221.0%
2019 5.34x CN¥111.18 Million CN¥20.82 Million ▲ +128.1%
2018 2.34x CN¥319.13 Million CN¥136.29 Million ▲ +102.7%
2017 1.16x CN¥260.25 Million CN¥225.27 Million ▼ -1.6%
2016 1.17x CN¥358.15 Million CN¥305.21 Million ▼ -64.8%
2015 3.33x CN¥1.30 Billion CN¥389.93 Million ▲ +491.5%
2014 0.56x CN¥145.59 Million CN¥258.26 Million ▲ +182.2%
2013 0.20x CN¥54.79 Million CN¥274.23 Million ▲ +2883.4%
2012 0.01x CN¥3.44 Million CN¥513.30 Million ▼ -98.9%
2011 0.61x CN¥278.00 Million CN¥457.40 Million ▼ -46.7%
2010 1.14x CN¥319.49 Million CN¥280.05 Million ▲ +340.9%
2009 -0.47x CN¥-94.92 Million CN¥200.40 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.