Flying Technology Co Ltd (603488) — Cash Flow Quality Index

Latest as of March 2024: -5.00x

Flying Technology Co Ltd (603488) has a Cash Flow Quality Index of -5.00x as of March 2024. Operating cash flow of CN¥-40.30 Million is below net income of CN¥8.06 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Flying Technology Co Ltd (603488) cash conversion ratio to assess how effectively this company generates cash.

Cash Flow Quality Index

-5.00x
Operating CF / Net Income

Operating Cash Flow

CN¥-40.30 Million
CNY

Net Income

CN¥8.06 Million
CNY

Data as of

Mar 2024
Most recent filing

Flying Technology Co Ltd Cash Flow Quality Index (2012–2024)

Historical Cash Flow Quality Index for Flying Technology Co Ltd across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Flying Technology Co Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Flying Technology Co Ltd (2012–2024)

Year-by-year earnings quality comparison for Flying Technology Co Ltd. For live market cap and the full company financial profile, see Flying Technology Co Ltd market cap and net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 0.67x CN¥24.82 Million CN¥37.16 Million ▼ -34.6%
2023 1.02x CN¥83.41 Million CN¥81.66 Million ▼ -27.1%
2022 1.40x CN¥58.12 Million CN¥41.49 Million ▲ +81.7%
2021 0.77x CN¥55.54 Million CN¥72.04 Million ▲ +52.3%
2020 0.51x CN¥52.57 Million CN¥103.84 Million ▼ -36.9%
2019 0.80x CN¥69.28 Million CN¥86.39 Million ▲ +21.0%
2018 0.66x CN¥49.05 Million CN¥74.01 Million ▼ -36.1%
2017 1.04x CN¥73.83 Million CN¥71.19 Million ▲ +21.3%
2016 0.85x CN¥62.02 Million CN¥72.55 Million ▼ -11.2%
2015 0.96x CN¥78.06 Million CN¥81.10 Million ▲ +2.4%
2014 0.94x CN¥77.64 Million CN¥82.59 Million ▲ +31.9%
2013 0.71x CN¥62.41 Million CN¥87.57 Million ▼ -29.9%
2012 1.02x CN¥79.06 Million CN¥77.77 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.