Guangdong Songfa Ceramics Co (603268) — Cash Flow Quality Index

Latest as of December 2025: -0.46x

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 Guangdong Songfa Ceramics Co (603268) cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

-0.46x
Operating CF / Net Income

Operating Cash Flow

CN¥-635.18 Million
CNY

Net Income

CN¥1.38 Billion
CNY

Data as of

Dec 2025
Most recent filing

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 603268 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

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 (603268) market capitalisation.

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