Shenyang Toly Bread Co Ltd (603866) — Cash Flow Quality Index

Latest as of September 2025: 2.40x

Shenyang Toly Bread Co Ltd (603866) has a Cash Flow Quality Index of 2.40x as of September 2025. Operating cash flow of CN¥226.27 Million exceeds net income of CN¥94.25 Million, indicating high earnings quality where cash backs reported profits. Explore 603866 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.40x
Operating CF / Net Income

Operating Cash Flow

CN¥226.27 Million
CNY

Net Income

CN¥94.25 Million
CNY

Data as of

Sep 2025
Most recent filing

Shenyang Toly Bread Co Ltd Cash Flow Quality Index (2012–2025)

Historical Cash Flow Quality Index for Shenyang Toly Bread Co Ltd across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Shenyang Toly Bread Co Ltd (603866) cash flow conversion.

Annual Cash Flow Quality Index for Shenyang Toly Bread Co Ltd (2012–2025)

Year-by-year earnings quality comparison for Shenyang Toly Bread Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 2.69x CN¥764.14 Million CN¥283.85 Million ▲ +40.9%
2024 1.91x CN¥997.80 Million CN¥522.08 Million ▲ +35.3%
2023 1.41x CN¥810.61 Million CN¥574.04 Million ▼ -15.2%
2022 1.67x CN¥1.07 Billion CN¥640.06 Million ▲ +25.4%
2021 1.33x CN¥1.01 Billion CN¥763.27 Million ▲ +6.5%
2020 1.25x CN¥1.10 Billion CN¥882.84 Million ▼ -4.0%
2019 1.30x CN¥887.83 Million CN¥683.36 Million ▲ +3.9%
2018 1.25x CN¥803.22 Million CN¥642.15 Million ▼ -1.7%
2017 1.27x CN¥653.15 Million CN¥513.28 Million ▲ +6.7%
2016 1.19x CN¥519.49 Million CN¥435.55 Million ▼ -3.2%
2015 1.23x CN¥427.44 Million CN¥346.96 Million ▲ +5.3%
2014 1.17x CN¥319.38 Million CN¥272.95 Million ▼ -6.6%
2013 1.25x CN¥318.80 Million CN¥254.60 Million ▲ +7.8%
2012 1.16x CN¥249.90 Million CN¥215.16 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.