Shanghai Carthane Co Ltd (603037) — Cash Flow Quality Index

Latest as of June 2023: 1.13x

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. Also explore Shanghai Carthane Co Ltd balance sheet assets for the complete picture of this company's asset base.

Cash Flow Quality Index

1.13x
Operating CF / Net Income

Operating Cash Flow

CN¥25.30 Million
CNY

Net Income

CN¥22.35 Million
CNY

Data as of

Jun 2023
Most recent filing

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. Check Shanghai Carthane Co Ltd (603037) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shanghai Carthane Co Ltd (2016–2024)

Year-by-year earnings quality comparison for Shanghai Carthane Co Ltd. For live market cap and the full company financial profile, see 603037 stock market capitalisation.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.