Ningbo Peace Bird Fashion Cash Flow Quality Index

Latest as of March 2025: -2.41x

Ningbo Peace Bird Fashion cash flow quality index. 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. Explore 603877 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

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

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

Cash flow quality index of Ningbo Peace Bird Fashion from 2013 to 2024. Historical Cash Flow Quality Index for Ningbo Peace Bird Fashion across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. See how leveraged is Ningbo Peace Bird Fashion's balance sheet to measure how much of total assets are equity-financed.

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

Ningbo Peace Bird Fashion cash flow quality index by year from 2013 to 2024. Year-by-year earnings quality comparison for Ningbo Peace Bird Fashion. For the full cash flow conversion analysis, see 603877 cash generation efficiency.

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.