Sichuan Huati Lighting Tech (603679) — Cash Flow Quality Index

Latest as of March 2024: -1.76x

Sichuan Huati Lighting Tech (603679) has a Cash Flow Quality Index of -1.76x as of March 2024. Operating cash flow of CN¥-5.74 Million is below net income of CN¥3.27 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Sichuan Huati Lighting Tech debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-1.76x
Operating CF / Net Income

Operating Cash Flow

CN¥-5.74 Million
CNY

Net Income

CN¥3.27 Million
CNY

Data as of

Mar 2024
Most recent filing

Sichuan Huati Lighting Tech Cash Flow Quality Index (2012–2023)

Historical Cash Flow Quality Index for Sichuan Huati Lighting Tech across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Sichuan Huati Lighting Tech.

Annual Cash Flow Quality Index for Sichuan Huati Lighting Tech (2012–2023)

Year-by-year earnings quality comparison for Sichuan Huati Lighting Tech.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 0.37x CN¥20.38 Million CN¥55.37 Million ▲ +126.6%
2020 -1.39x CN¥-92.22 Million CN¥66.55 Million ▼ -72.5%
2019 -0.80x CN¥-75.45 Million CN¥93.92 Million ▼ -54.4%
2018 -0.52x CN¥-36.70 Million CN¥70.55 Million ▼ -178.5%
2017 0.66x CN¥35.03 Million CN¥52.88 Million ▼ -17.3%
2016 0.80x CN¥38.50 Million CN¥48.07 Million ▼ -24.5%
2015 1.06x CN¥45.19 Million CN¥42.62 Million ▲ +230.1%
2014 0.32x CN¥11.49 Million CN¥35.76 Million ▼ -26.0%
2013 0.43x CN¥17.60 Million CN¥40.55 Million ▲ +2524.6%
2012 0.02x CN¥484.71K CN¥29.32 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.