Red Avenue New Materials Group Co Ltd (603650) — Cash Flow Quality Index
Red Avenue New Materials Group Co Ltd (603650) has a Cash Flow Quality Index of 1.48x as of September 2025. Operating cash flow of CN¥212.11 Million exceeds net income of CN¥143.16 Million, indicating high earnings quality where cash backs reported profits. Also explore balance sheet size of Red Avenue New Materials Group Co Ltd for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Red Avenue New Materials Group Co Ltd Cash Flow Quality Index (2014–2024)
Historical Cash Flow Quality Index for Red Avenue New Materials Group Co Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Red Avenue New Materials Group Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Red Avenue New Materials Group Co Ltd (2014–2024)
Year-by-year earnings quality comparison for Red Avenue New Materials Group Co Ltd. For live market cap and the full company financial profile, see Red Avenue New Materials Group Co Ltd market capitalisation.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.45x | CN¥242.60 Million | CN¥534.18 Million | ▲ +0.3% |
| 2023 | 0.45x | CN¥184.12 Million | CN¥406.60 Million | ▲ +23.8% |
| 2022 | 0.37x | CN¥102.75 Million | CN¥280.83 Million | ▼ -67.1% |
| 2021 | 1.11x | CN¥344.72 Million | CN¥309.70 Million | ▲ +129.4% |
| 2020 | 0.49x | CN¥206.97 Million | CN¥426.60 Million | ▼ -62.9% |
| 2019 | 1.31x | CN¥418.78 Million | CN¥320.20 Million | ▲ +52.9% |
| 2018 | 0.86x | CN¥352.04 Million | CN¥411.58 Million | ▲ +20.4% |
| 2017 | 0.71x | CN¥229.30 Million | CN¥322.65 Million | ▼ -24.6% |
| 2016 | 0.94x | CN¥255.37 Million | CN¥270.79 Million | ▼ -59.4% |
| 2015 | 2.32x | CN¥170.32 Million | CN¥73.33 Million | ▲ +184.0% |
| 2014 | 0.82x | CN¥117.99 Million | CN¥144.28 Million | — |