Hainan Haiqi Transportation Group Co Ltd (603069) — Cash Flow Quality Index

Latest as of December 2022: -0.08x

Hainan Haiqi Transportation Group Co Ltd (603069) has a Cash Flow Quality Index of -0.08x as of December 2022. Operating cash flow of CN¥-11.66 Million is below net income of CN¥137.26 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Hainan Haiqi Transportation Group Co Ltd (603069) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.08x
Operating CF / Net Income

Operating Cash Flow

CN¥-11.66 Million
CNY

Net Income

CN¥137.26 Million
CNY

Data as of

Dec 2022
Most recent filing

Hainan Haiqi Transportation Group Co Ltd Cash Flow Quality Index (2015–2022)

Historical Cash Flow Quality Index for Hainan Haiqi Transportation Group Co Ltd across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Hainan Haiqi Transportation Group Co Ltd cash flow conversion.

Annual Cash Flow Quality Index for Hainan Haiqi Transportation Group Co Ltd (2015–2022)

Year-by-year earnings quality comparison for Hainan Haiqi Transportation Group Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 -2.25x CN¥-88.40 Million CN¥39.24 Million ▼ -174.9%
2019 3.01x CN¥152.63 Million CN¥50.73 Million ▼ -12.4%
2018 3.43x CN¥202.17 Million CN¥58.88 Million ▼ -18.4%
2017 4.21x CN¥213.43 Million CN¥50.74 Million ▲ +50.0%
2016 2.80x CN¥176.18 Million CN¥62.84 Million ▼ -17.5%
2015 3.40x CN¥233.98 Million CN¥68.89 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.