Qijing Machinery (603677) — Cash Flow Quality Index
Qijing Machinery (603677) has a Cash Flow Quality Index of 5.37x as of September 2025. Operating cash flow of CN¥65.45 Million exceeds net income of CN¥12.19 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Qijing Machinery service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Qijing Machinery Cash Flow Quality Index (2011–2025)
Historical Cash Flow Quality Index for Qijing Machinery across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 603677 cash generation efficiency.
Annual Cash Flow Quality Index for Qijing Machinery (2011–2025)
Year-by-year earnings quality comparison for Qijing Machinery.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.60x | CN¥29.00 Million | CN¥48.23 Million | ▼ -67.4% |
| 2024 | 1.85x | CN¥124.54 Million | CN¥67.45 Million | ▼ -37.5% |
| 2023 | 2.95x | CN¥204.22 Million | CN¥69.15 Million | ▲ +8.0% |
| 2022 | 2.73x | CN¥175.05 Million | CN¥64.03 Million | ▲ +224.7% |
| 2021 | 0.84x | CN¥74.85 Million | CN¥88.91 Million | ▼ -84.7% |
| 2020 | 5.50x | CN¥309.33 Million | CN¥56.21 Million | ▲ +268.6% |
| 2019 | 1.49x | CN¥113.94 Million | CN¥76.32 Million | ▲ +50.3% |
| 2018 | 0.99x | CN¥77.19 Million | CN¥77.69 Million | ▲ +254.7% |
| 2017 | -0.64x | CN¥-64.27 Million | CN¥100.09 Million | ▼ -149.9% |
| 2016 | 1.29x | CN¥113.37 Million | CN¥88.18 Million | ▼ -38.8% |
| 2015 | 2.10x | CN¥162.26 Million | CN¥77.26 Million | ▲ +17.8% |
| 2014 | 1.78x | CN¥110.14 Million | CN¥61.77 Million | ▲ +209.6% |
| 2013 | 0.58x | CN¥36.43 Million | CN¥63.25 Million | ▼ -80.6% |
| 2012 | 2.96x | CN¥94.19 Million | CN¥31.80 Million | ▲ +694.4% |
| 2011 | -0.50x | CN¥-4.97 Million | CN¥9.98 Million | — |