Harbin VITI Electronics Corp (603023) — Cash Flow Quality Index

Latest as of September 2025: -99.35x

Harbin VITI Electronics Corp (603023) has a Cash Flow Quality Index of -99.35x as of September 2025. Operating cash flow of CN¥-15.27 Million is below net income of CN¥153.74K, suggesting accrual-heavy earnings not yet converted to cash. Explore 603023 cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

-99.35x
Operating CF / Net Income

Operating Cash Flow

CN¥-15.27 Million
CNY

Net Income

CN¥153.74K
CNY

Data as of

Sep 2025
Most recent filing

Harbin VITI Electronics Corp Cash Flow Quality Index (2009–2024)

Historical Cash Flow Quality Index for Harbin VITI Electronics Corp across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Harbin VITI Electronics Corp investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Harbin VITI Electronics Corp (2009–2024)

Year-by-year earnings quality comparison for Harbin VITI Electronics Corp. For live market cap and the full company financial profile, see 603023 company net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 4.83x CN¥24.40 Million CN¥5.06 Million ▲ +271.5%
2022 -2.82x CN¥-12.40 Million CN¥4.41 Million ▼ -144.4%
2021 6.35x CN¥42.47 Million CN¥6.69 Million ▲ +107.5%
2020 3.06x CN¥48.02 Million CN¥15.70 Million ▲ +28.0%
2019 2.39x CN¥54.63 Million CN¥22.85 Million ▲ +92.5%
2018 1.24x CN¥80.94 Million CN¥65.17 Million ▲ +339.9%
2017 0.28x CN¥19.38 Million CN¥68.64 Million ▼ -68.1%
2016 0.89x CN¥80.39 Million CN¥90.68 Million ▲ +54.0%
2015 0.58x CN¥46.05 Million CN¥79.98 Million ▼ -36.7%
2014 0.91x CN¥76.82 Million CN¥84.50 Million ▲ +25.8%
2013 0.72x CN¥51.24 Million CN¥70.91 Million ▲ +7.6%
2012 0.67x CN¥41.25 Million CN¥61.40 Million ▲ +16.6%
2011 0.58x CN¥39.43 Million CN¥68.44 Million ▼ -36.4%
2010 0.91x CN¥42.44 Million CN¥46.85 Million ▲ +544.0%
2009 -0.20x CN¥-5.21 Million CN¥25.52 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.