Ningbo Peace Bird Fashion (603877) — Cash Flow Quality Index

Latest as of March 2025: -2.41x

Ningbo Peace Bird Fashion (603877) has a Cash Flow Quality Index of -2.41x as of March 2025. Operating cash flow of CN¥-298.57 Million is below net income of CN¥123.88 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Ningbo Peace Bird Fashion asset portfolio for the complete picture of this company's asset base.

Cash Flow Quality Index

-2.41x
Operating CF / Net Income

Operating Cash Flow

CN¥-298.57 Million
CNY

Net Income

CN¥123.88 Million
CNY

Data as of

Mar 2025
Most recent filing

Ningbo Peace Bird Fashion Cash Flow Quality Index (2013–2024)

Historical Cash Flow Quality Index for Ningbo Peace Bird Fashion across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Ningbo Peace Bird Fashion tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Ningbo Peace Bird Fashion (2013–2024)

Year-by-year earnings quality comparison for Ningbo Peace Bird Fashion. For live market cap and the full company financial profile, see Ningbo Peace Bird Fashion market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 3.35x CN¥860.32 Million CN¥256.61 Million ▲ +7.0%
2023 3.13x CN¥1.32 Billion CN¥420.58 Million ▲ +44.7%
2022 2.16x CN¥398.82 Million CN¥184.30 Million ▲ +12.6%
2021 1.92x CN¥1.30 Billion CN¥676.66 Million ▲ +17.6%
2020 1.63x CN¥1.15 Billion CN¥706.71 Million ▲ +2.1%
2019 1.60x CN¥868.44 Million CN¥543.10 Million ▲ +5.0%
2018 1.52x CN¥852.94 Million CN¥560.28 Million ▲ +9.9%
2017 1.39x CN¥627.23 Million CN¥452.83 Million ▼ -7.4%
2016 1.50x CN¥630.17 Million CN¥421.32 Million ▲ +236.4%
2015 0.44x CN¥236.98 Million CN¥533.01 Million ▼ -63.8%
2014 1.23x CN¥529.69 Million CN¥430.72 Million ▼ -51.2%
2013 2.52x CN¥531.79 Million CN¥210.84 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.