Bestore Co Ltd (603719) — Cash Flow Quality Index

Latest as of March 2024: -0.87x

Bestore Co Ltd (603719) has a Cash Flow Quality Index of -0.87x as of March 2024. Operating cash flow of CN¥-54.48 Million is below net income of CN¥62.48 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 603719 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.87x
Operating CF / Net Income

Operating Cash Flow

CN¥-54.48 Million
CNY

Net Income

CN¥62.48 Million
CNY

Data as of

Mar 2024
Most recent filing

Bestore Co Ltd Cash Flow Quality Index (2015–2023)

Historical Cash Flow Quality Index for Bestore Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Bestore Co Ltd.

Annual Cash Flow Quality Index for Bestore Co Ltd (2015–2023)

Year-by-year earnings quality comparison for Bestore Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 7.13x CN¥1.28 Billion CN¥179.45 Million ▲ +2219.3%
2022 0.31x CN¥102.84 Million CN¥334.46 Million ▼ -78.9%
2021 1.46x CN¥412.17 Million CN¥282.74 Million ▲ +52.0%
2020 0.96x CN¥330.21 Million CN¥344.31 Million ▼ -2.2%
2019 0.98x CN¥342.19 Million CN¥349.13 Million ▲ +64.0%
2018 0.60x CN¥148.17 Million CN¥247.98 Million ▼ -95.3%
2017 12.66x CN¥544.31 Million CN¥43.00 Million ▲ +76.7%
2016 7.16x CN¥752.83 Million CN¥105.12 Million ▲ +59.9%
2015 4.48x CN¥203.20 Million CN¥45.36 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.