Shanghai Ace Invest&Dvlp Co Cash Flow Quality Index
Shanghai Ace Invest&Dvlp Co cash flow quality index. 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. Explore Shanghai Ace Invest&Dvlp Co debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Shanghai Ace Invest&Dvlp Co (2016–2024)
Cash flow quality index of Shanghai Ace Invest&Dvlp Co from 2016 to 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. See Shanghai Ace Invest&Dvlp Co net asset quality index to measure how much of total assets are equity-financed.
Shanghai Ace Invest&Dvlp Co Cash Flow Quality Index by Year (2016–2024)
Shanghai Ace Invest&Dvlp Co cash flow quality index by year from 2016 to 2024. Year-by-year earnings quality comparison for Shanghai Ace Invest&Dvlp Co. For the full cash flow conversion analysis, see cash efficiency ratio of Shanghai Ace Invest&Dvlp Co.
| 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 | — |