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. Also explore Bestore Co Ltd asset portfolio for the complete picture of this company's asset base.

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. Check tangible net worth ratio of Bestore Co Ltd to evaluate the tangible quality of the company's equity base.

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

Year-by-year earnings quality comparison for Bestore Co Ltd. For live market cap and the full company financial profile, see Bestore Co Ltd (603719) market capitalisation.

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.