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 Guangdong Songyang Recycle Resources Co (603863) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see cash flow conversion of Guangdong Songyang Recycle Resources Co .
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.
| 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 | — |