Shanghai Ace Invest&Dvlp Co (603329) — Cash Flow Quality Index

Latest as of December 2022: 12.22x

Shanghai Ace Invest&Dvlp Co (603329) has a Cash Flow Quality Index of 12.22x as of December 2022. Operating cash flow of CN¥116.68 Million exceeds net income of CN¥9.55 Million, indicating high earnings quality where cash backs reported profits. Also explore balance sheet size of Shanghai Ace Invest&Dvlp Co for the complete picture of this company's asset base.

Cash Flow Quality Index

12.22x
Operating CF / Net Income

Operating Cash Flow

CN¥116.68 Million
CNY

Net Income

CN¥9.55 Million
CNY

Data as of

Dec 2022
Most recent filing

Shanghai Ace Invest&Dvlp Co Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for Shanghai Ace Invest&Dvlp Co across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Shanghai Ace Invest&Dvlp Co (603329) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shanghai Ace Invest&Dvlp Co (2016–2024)

Year-by-year earnings quality comparison for Shanghai Ace Invest&Dvlp Co. For live market cap and the full company financial profile, see 603329 market cap.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 -10.83x CN¥-459.83 Million CN¥42.47 Million ▼ -170.8%
2023 15.30x CN¥149.63 Million CN¥9.78 Million ▲ +1099.6%
2022 1.28x CN¥189.70 Million CN¥148.71 Million ▲ +56.8%
2021 0.81x CN¥111.58 Million CN¥137.18 Million ▼ -41.2%
2020 1.38x CN¥88.84 Million CN¥64.26 Million ▲ +150.8%
2018 -2.72x CN¥-122.35 Million CN¥44.99 Million ▼ -587.5%
2017 0.56x CN¥43.42 Million CN¥77.84 Million ▼ -8.3%
2016 0.61x CN¥39.44 Million CN¥64.85 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.