Milkyway Chemical Supply Chain Service Co Ltd (603713) — Cash Flow Quality Index

Latest as of September 2025: -1.76x

Milkyway Chemical Supply Chain Service Co Ltd (603713) has a Cash Flow Quality Index of -1.76x as of September 2025. Operating cash flow of CN¥-304.09 Million is below net income of CN¥172.96 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Milkyway Chemical Supply Chain Service C balance sheet assets for the complete picture of this company's asset base.

Cash Flow Quality Index

-1.76x
Operating CF / Net Income

Operating Cash Flow

CN¥-304.09 Million
CNY

Net Income

CN¥172.96 Million
CNY

Data as of

Sep 2025
Most recent filing

Milkyway Chemical Supply Chain Service Co Ltd Cash Flow Quality Index (2014–2024)

Historical Cash Flow Quality Index for Milkyway Chemical Supply Chain Service Co Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 603713 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Milkyway Chemical Supply Chain Service Co Ltd (2014–2024)

Year-by-year earnings quality comparison for Milkyway Chemical Supply Chain Service Co Ltd. For live market cap and the full company financial profile, see Milkyway Chemical Supply Chain Service C stock valuation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 0.74x CN¥481.69 Million CN¥654.20 Million ▼ -49.7%
2023 1.46x CN¥704.08 Million CN¥481.40 Million ▲ +48.9%
2022 0.98x CN¥612.64 Million CN¥623.86 Million ▲ +111.4%
2021 0.46x CN¥202.55 Million CN¥435.97 Million ▼ -60.2%
2020 1.17x CN¥338.56 Million CN¥289.79 Million ▲ +7.8%
2019 1.08x CN¥212.51 Million CN¥196.17 Million ▲ +9.6%
2018 0.99x CN¥130.14 Million CN¥131.70 Million ▼ -42.5%
2017 1.72x CN¥143.44 Million CN¥83.46 Million ▲ +535.3%
2016 0.27x CN¥15.20 Million CN¥56.21 Million ▼ -57.5%
2015 0.64x CN¥34.21 Million CN¥53.76 Million ▼ -30.0%
2014 0.91x CN¥52.17 Million CN¥57.39 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.