WG Tech JiangXi Co Ltd (603773) — Cash Flow Quality Index

Latest as of December 2023: 2.23x

WG Tech JiangXi Co Ltd (603773) has a Cash Flow Quality Index of 2.23x as of December 2023. Operating cash flow of CN¥35.50 Million exceeds net income of CN¥15.95 Million, indicating high earnings quality where cash backs reported profits. Explore WG Tech JiangXi Co Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.23x
Operating CF / Net Income

Operating Cash Flow

CN¥35.50 Million
CNY

Net Income

CN¥15.95 Million
CNY

Data as of

Dec 2023
Most recent filing

WG Tech JiangXi Co Ltd Cash Flow Quality Index (2013–2023)

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

Annual Cash Flow Quality Index for WG Tech JiangXi Co Ltd (2013–2023)

Year-by-year earnings quality comparison for WG Tech JiangXi Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 5.43x CN¥170.26 Million CN¥31.34 Million ▼ -29.4%
2020 7.70x CN¥108.63 Million CN¥14.11 Million ▲ +402.1%
2019 1.53x CN¥78.06 Million CN¥50.90 Million ▲ +21.3%
2018 1.26x CN¥199.77 Million CN¥158.05 Million ▲ +18.3%
2017 1.07x CN¥221.97 Million CN¥207.75 Million ▲ +40.0%
2016 0.76x CN¥57.03 Million CN¥74.73 Million ▼ -33.7%
2015 1.15x CN¥39.22 Million CN¥34.08 Million ▼ -3.1%
2014 1.19x CN¥88.70 Million CN¥74.70 Million ▲ +30.1%
2013 0.91x CN¥42.23 Million CN¥46.28 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.