Guangdong Songfa Ceramics Co (603268) — Cash Flow Quality Index
Guangdong Songfa Ceramics Co (603268) has a Cash Flow Quality Index of -0.46x as of December 2025. Operating cash flow of CN¥-635.18 Million is below net income of CN¥1.38 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore 603268 long-term investments to assets to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Guangdong Songfa Ceramics Co Cash Flow Quality Index (2011–2025)
Historical Cash Flow Quality Index for Guangdong Songfa Ceramics Co across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Guangdong Songfa Ceramics Co to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Guangdong Songfa Ceramics Co (2011–2025)
Year-by-year earnings quality comparison for Guangdong Songfa Ceramics Co. For live market cap and the full company financial profile, see Guangdong Songfa Ceramics Co market cap and net worth.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -0.55x | CN¥-1.46 Billion | CN¥2.65 Billion | ▼ -101.4% |
| 2020 | 40.41x | CN¥65.45 Million | CN¥1.62 Million | ▲ +1357.6% |
| 2019 | 2.77x | CN¥78.76 Million | CN¥28.41 Million | ▲ +139.0% |
| 2018 | 1.16x | CN¥43.65 Million | CN¥37.63 Million | ▼ -18.7% |
| 2017 | 1.43x | CN¥65.24 Million | CN¥45.75 Million | ▼ -24.5% |
| 2016 | 1.89x | CN¥73.89 Million | CN¥39.11 Million | ▲ +1556.9% |
| 2015 | 0.11x | CN¥4.21 Million | CN¥36.89 Million | ▼ -88.1% |
| 2014 | 0.96x | CN¥46.71 Million | CN¥48.68 Million | ▼ -6.7% |
| 2013 | 1.03x | CN¥44.14 Million | CN¥42.92 Million | ▲ +114.6% |
| 2012 | 0.48x | CN¥22.14 Million | CN¥46.19 Million | ▼ -69.9% |
| 2011 | 1.59x | CN¥70.40 Million | CN¥44.16 Million | — |