Guangdong Songyang Recycle Resources Co Ltd (603863) — Cash Flow Quality Index
Guangdong Songyang Recycle Resources Co Ltd (603863) has a Cash Flow Quality Index of -32.01x as of March 2022. Operating cash flow of CN¥-67.06 Million is below net income of CN¥2.10 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 603863 operating cash flow to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Guangdong Songyang Recycle Resources Co Ltd Cash Flow Quality Index (2012–2021)
Historical Cash Flow Quality Index for Guangdong Songyang Recycle Resources Co Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Guangdong Songyang Recycle Resources Co (603863) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Guangdong Songyang Recycle Resources Co Ltd (2012–2021)
Year-by-year earnings quality comparison for Guangdong Songyang Recycle Resources Co Ltd. For live market cap and the full company financial profile, see 603863 market cap.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2021 | 2.75x | CN¥24.40 Million | CN¥8.87 Million | ▲ +227.8% |
| 2020 | 0.84x | CN¥64.27 Million | CN¥76.61 Million | ▼ -30.9% |
| 2019 | 1.21x | CN¥109.38 Million | CN¥90.04 Million | ▼ -17.6% |
| 2018 | 1.47x | CN¥139.86 Million | CN¥94.91 Million | ▼ -22.9% |
| 2017 | 1.91x | CN¥131.62 Million | CN¥68.82 Million | ▲ +92.9% |
| 2016 | 0.99x | CN¥52.86 Million | CN¥53.33 Million | ▼ -13.7% |
| 2015 | 1.15x | CN¥38.17 Million | CN¥33.24 Million | ▼ -48.4% |
| 2014 | 2.23x | CN¥13.31 Million | CN¥5.98 Million | ▲ +183.3% |
| 2013 | -2.67x | CN¥-11.91 Million | CN¥4.45 Million | ▲ +92.6% |
| 2012 | -36.13x | CN¥-84.30 Million | CN¥2.33 Million | — |