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. Also explore balance sheet size of Guangdong Songyang Recycle Resources Co for the complete picture of this company's asset base.
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) tangible net worth to evaluate the tangible quality of the company's equity base.
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 Guangdong Songyang Recycle Resources Co (603863) market capitalisation.
| 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 | — |