Jiangsu King's Luck Brewery Joint-Stock Co Ltd (603369) — Cash Flow Quality Index
Jiangsu King's Luck Brewery Joint-Stock Co Ltd (603369) has a Cash Flow Quality Index of -0.43x as of September 2025. Operating cash flow of CN¥-137.81 Million is below net income of CN¥320.35 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Jiangsu King's Luck Brewery Joint-Stock to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Jiangsu King's Luck Brewery Joint-Stock Co Ltd Cash Flow Quality Index (2011–2024)
Historical Cash Flow Quality Index for Jiangsu King's Luck Brewery Joint-Stock Co Ltd across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Jiangsu King's Luck Brewery Joint-Stock cash conversion from operations.
Annual Cash Flow Quality Index for Jiangsu King's Luck Brewery Joint-Stock Co Ltd (2011–2024)
Year-by-year earnings quality comparison for Jiangsu King's Luck Brewery Joint-Stock Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.84x | CN¥2.87 Billion | CN¥3.41 Billion | ▼ -5.9% |
| 2023 | 0.89x | CN¥2.80 Billion | CN¥3.14 Billion | ▼ -19.6% |
| 2022 | 1.11x | CN¥2.78 Billion | CN¥2.50 Billion | ▼ -25.5% |
| 2021 | 1.49x | CN¥3.02 Billion | CN¥2.03 Billion | ▲ +108.7% |
| 2020 | 0.71x | CN¥1.12 Billion | CN¥1.57 Billion | ▼ -20.4% |
| 2019 | 0.90x | CN¥1.31 Billion | CN¥1.46 Billion | ▼ -8.0% |
| 2018 | 0.97x | CN¥1.12 Billion | CN¥1.15 Billion | ▼ -12.9% |
| 2017 | 1.12x | CN¥1.00 Billion | CN¥895.37 Million | ▼ -8.9% |
| 2016 | 1.23x | CN¥924.57 Million | CN¥753.46 Million | ▲ +19.3% |
| 2015 | 1.03x | CN¥702.22 Million | CN¥682.51 Million | ▲ +39.6% |
| 2014 | 0.74x | CN¥473.26 Million | CN¥642.07 Million | ▲ +1.2% |
| 2013 | 0.73x | CN¥495.24 Million | CN¥680.11 Million | ▼ -33.2% |
| 2012 | 1.09x | CN¥736.99 Million | CN¥676.38 Million | ▲ +34.8% |
| 2011 | 0.81x | CN¥430.91 Million | CN¥533.15 Million | — |