Sanxiang Advanced Materials (603663) — Cash Flow Quality Index
Sanxiang Advanced Materials (603663) has a Cash Flow Quality Index of 1.94x as of September 2025. Operating cash flow of CN¥64.18 Million exceeds net income of CN¥33.05 Million, indicating high earnings quality where cash backs reported profits. Explore Sanxiang Advanced Materials debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Sanxiang Advanced Materials Cash Flow Quality Index (2011–2024)
Historical Cash Flow Quality Index for Sanxiang Advanced Materials across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Sanxiang Advanced Materials operating cash flow efficiency.
Annual Cash Flow Quality Index for Sanxiang Advanced Materials (2011–2024)
Year-by-year earnings quality comparison for Sanxiang Advanced Materials.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.06x | CN¥71.84 Million | CN¥67.63 Million | ▼ -4.3% |
| 2023 | 1.11x | CN¥81.20 Million | CN¥73.16 Million | ▲ +46.9% |
| 2022 | 0.76x | CN¥125.97 Million | CN¥166.73 Million | ▼ -56.9% |
| 2021 | 1.75x | CN¥187.24 Million | CN¥106.79 Million | ▼ -11.7% |
| 2020 | 1.99x | CN¥148.25 Million | CN¥74.66 Million | ▲ +257.4% |
| 2019 | 0.56x | CN¥59.75 Million | CN¥107.55 Million | ▲ +16.2% |
| 2018 | 0.48x | CN¥35.03 Million | CN¥73.27 Million | ▲ +499.8% |
| 2017 | 0.08x | CN¥4.30 Million | CN¥54.01 Million | ▼ -86.7% |
| 2016 | 0.60x | CN¥23.64 Million | CN¥39.33 Million | ▼ -62.4% |
| 2015 | 1.60x | CN¥52.88 Million | CN¥33.10 Million | ▲ +17.3% |
| 2014 | 1.36x | CN¥41.31 Million | CN¥30.34 Million | ▲ +91.2% |
| 2013 | 0.71x | CN¥25.39 Million | CN¥35.64 Million | ▼ -66.7% |
| 2012 | 2.14x | CN¥66.23 Million | CN¥30.97 Million | ▲ +180.4% |
| 2011 | 0.76x | CN¥40.29 Million | CN¥52.83 Million | — |