IReader Technology Co Ltd (603533) — Cash Flow Quality Index

Latest as of September 2024: 2.85x

IReader Technology Co Ltd (603533) has a Cash Flow Quality Index of 2.85x as of September 2024. Operating cash flow of CN¥30.99 Million exceeds net income of CN¥10.88 Million, indicating high earnings quality where cash backs reported profits. Also explore IReader Technology Co Ltd balance sheet assets for the complete picture of this company's asset base.

Cash Flow Quality Index

2.85x
Operating CF / Net Income

Operating Cash Flow

CN¥30.99 Million
CNY

Net Income

CN¥10.88 Million
CNY

Data as of

Sep 2024
Most recent filing

IReader Technology Co Ltd Cash Flow Quality Index (2014–2024)

Historical Cash Flow Quality Index for IReader Technology Co Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check IReader Technology Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for IReader Technology Co Ltd (2014–2024)

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

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 -1.33x CN¥-75.02 Million CN¥56.29 Million ▼ -114.9%
2023 8.96x CN¥338.41 Million CN¥37.76 Million ▲ +264.0%
2022 2.46x CN¥142.10 Million CN¥57.71 Million ▲ +260.3%
2021 0.68x CN¥104.12 Million CN¥152.34 Million ▼ -46.5%
2020 1.28x CN¥322.90 Million CN¥252.74 Million ▼ -39.2%
2019 2.10x CN¥308.80 Million CN¥146.85 Million ▲ +99.7%
2018 1.05x CN¥143.36 Million CN¥136.13 Million ▼ -42.8%
2017 1.84x CN¥228.07 Million CN¥123.78 Million ▼ -12.0%
2016 2.09x CN¥161.66 Million CN¥77.21 Million ▼ -49.8%
2015 4.17x CN¥123.43 Million CN¥29.57 Million ▲ +197.4%
2014 1.40x CN¥80.66 Million CN¥57.46 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.