Asia Cuanon Tech (Shanghai) (603378) — Cash Flow Quality Index
Asia Cuanon Tech (Shanghai) (603378) has a Cash Flow Quality Index of -7.39x as of September 2024. Operating cash flow of CN¥-3.95 Million is below net income of CN¥534.63K, suggesting accrual-heavy earnings not yet converted to cash. Explore 603378 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Asia Cuanon Tech (Shanghai) Cash Flow Quality Index (2012–2023)
Historical Cash Flow Quality Index for Asia Cuanon Tech (Shanghai) across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Asia Cuanon Tech (Shanghai).
Annual Cash Flow Quality Index for Asia Cuanon Tech (Shanghai) (2012–2023)
Year-by-year earnings quality comparison for Asia Cuanon Tech (Shanghai).
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 7.27x | CN¥437.63 Million | CN¥60.18 Million | ▲ +137.1% |
| 2022 | 3.07x | CN¥324.27 Million | CN¥105.73 Million | ▲ +282.5% |
| 2020 | 0.80x | CN¥253.04 Million | CN¥315.60 Million | ▼ -78.6% |
| 2019 | 3.74x | CN¥426.92 Million | CN¥114.18 Million | ▲ +174.6% |
| 2018 | 1.36x | CN¥79.97 Million | CN¥58.73 Million | ▲ +260.2% |
| 2017 | -0.85x | CN¥-96.66 Million | CN¥113.73 Million | ▼ -179.4% |
| 2016 | 1.07x | CN¥131.06 Million | CN¥122.40 Million | ▼ -2.9% |
| 2015 | 1.10x | CN¥128.53 Million | CN¥116.53 Million | ▲ +177.2% |
| 2014 | 0.40x | CN¥39.27 Million | CN¥98.68 Million | ▼ -69.8% |
| 2013 | 1.32x | CN¥68.83 Million | CN¥52.24 Million | ▼ -54.4% |
| 2012 | 2.89x | CN¥192.30 Million | CN¥66.49 Million | — |