Anzheng Fashion (603839) — Cash Flow Quality Index

Latest as of March 2025: -0.32x

Anzheng Fashion (603839) has a Cash Flow Quality Index of -0.32x as of March 2025. Operating cash flow of CN¥-7.31 Million is below net income of CN¥23.05 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 603839 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.32x
Operating CF / Net Income

Operating Cash Flow

CN¥-7.31 Million
CNY

Net Income

CN¥23.05 Million
CNY

Data as of

Mar 2025
Most recent filing

Anzheng Fashion Cash Flow Quality Index (2011–2023)

Historical Cash Flow Quality Index for Anzheng Fashion across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 603839 cash generation efficiency.

Annual Cash Flow Quality Index for Anzheng Fashion (2011–2023)

Year-by-year earnings quality comparison for Anzheng Fashion.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 6.46x CN¥192.72 Million CN¥29.85 Million ▼ -11.9%
2021 7.33x CN¥540.17 Million CN¥73.73 Million ▲ +376.4%
2020 1.54x CN¥368.84 Million CN¥239.85 Million ▲ +4477.2%
2019 0.03x CN¥11.01 Million CN¥327.67 Million ▼ -90.1%
2018 0.34x CN¥95.10 Million CN¥281.01 Million ▼ -70.9%
2017 1.16x CN¥317.42 Million CN¥273.07 Million ▼ -19.2%
2016 1.44x CN¥339.48 Million CN¥236.04 Million ▲ +32.4%
2015 1.09x CN¥264.85 Million CN¥243.87 Million ▲ +16.4%
2014 0.93x CN¥213.40 Million CN¥228.81 Million ▼ -34.3%
2013 1.42x CN¥357.59 Million CN¥251.96 Million ▲ +113.8%
2012 0.66x CN¥164.56 Million CN¥247.91 Million ▼ -29.4%
2011 0.94x CN¥199.50 Million CN¥212.19 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.