Shanghai Smith Adhesive New (603683) — Cash Flow Quality Index

Latest as of September 2025: 1.53x

Shanghai Smith Adhesive New (603683) has a Cash Flow Quality Index of 1.53x as of September 2025. Operating cash flow of CN¥40.43 Million exceeds net income of CN¥26.40 Million, indicating high earnings quality where cash backs reported profits. Also explore Shanghai Smith Adhesive New assets under control for the complete picture of this company's asset base.

Cash Flow Quality Index

1.53x
Operating CF / Net Income

Operating Cash Flow

CN¥40.43 Million
CNY

Net Income

CN¥26.40 Million
CNY

Data as of

Sep 2025
Most recent filing

Shanghai Smith Adhesive New Cash Flow Quality Index (2012–2025)

Historical Cash Flow Quality Index for Shanghai Smith Adhesive New across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Shanghai Smith Adhesive New (603683) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shanghai Smith Adhesive New (2012–2025)

Year-by-year earnings quality comparison for Shanghai Smith Adhesive New. For live market cap and the full company financial profile, see market cap of Shanghai Smith Adhesive New.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 2.24x CN¥199.84 Million CN¥89.32 Million ▼ -44.2%
2024 4.01x CN¥276.20 Million CN¥68.84 Million ▲ +83.2%
2023 2.19x CN¥147.83 Million CN¥67.50 Million ▼ -68.4%
2022 6.93x CN¥191.64 Million CN¥27.67 Million ▲ +78.5%
2021 3.88x CN¥126.19 Million CN¥32.53 Million ▲ +662.2%
2020 0.51x CN¥77.76 Million CN¥152.78 Million ▼ -98.0%
2019 25.83x CN¥88.24 Million CN¥3.42 Million ▲ +7178.1%
2018 -0.36x CN¥-9.26 Million CN¥25.36 Million ▼ -139.3%
2017 0.93x CN¥40.33 Million CN¥43.39 Million ▲ +17.4%
2016 0.79x CN¥41.57 Million CN¥52.51 Million ▼ -50.6%
2015 1.60x CN¥75.23 Million CN¥46.95 Million ▲ +29.8%
2014 1.23x CN¥73.54 Million CN¥59.56 Million ▼ -3.7%
2013 1.28x CN¥68.23 Million CN¥53.22 Million ▼ -3.8%
2012 1.33x CN¥49.20 Million CN¥36.89 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.