Shanghai Carthane Co Ltd (603037) — Cash Flow Quality Index
Shanghai Carthane Co Ltd (603037) has a Cash Flow Quality Index of 1.13x as of June 2023. Operating cash flow of CN¥25.30 Million exceeds net income of CN¥22.35 Million, indicating high earnings quality where cash backs reported profits. Explore 603037 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shanghai Carthane Co Ltd Cash Flow Quality Index (2016–2024)
Historical Cash Flow Quality Index for Shanghai Carthane Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Shanghai Carthane Co Ltd generate cash.
Annual Cash Flow Quality Index for Shanghai Carthane Co Ltd (2016–2024)
Year-by-year earnings quality comparison for Shanghai Carthane Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.42x | CN¥128.73 Million | CN¥90.39 Million | ▲ +17.9% |
| 2023 | 1.21x | CN¥110.88 Million | CN¥91.83 Million | ▲ +38.8% |
| 2022 | 0.87x | CN¥67.87 Million | CN¥78.05 Million | ▼ -38.5% |
| 2021 | 1.41x | CN¥119.10 Million | CN¥84.22 Million | ▼ -36.8% |
| 2020 | 2.24x | CN¥185.05 Million | CN¥82.72 Million | ▲ +75.5% |
| 2019 | 1.27x | CN¥103.29 Million | CN¥81.03 Million | ▲ +22.0% |
| 2018 | 1.05x | CN¥132.71 Million | CN¥126.98 Million | ▲ +41.7% |
| 2017 | 0.74x | CN¥84.00 Million | CN¥113.85 Million | ▲ +66.9% |
| 2016 | 0.44x | CN¥39.19 Million | CN¥88.67 Million | — |