Shanghai M&G Stationery Inc (603899) — Cash Flow Quality Index

Latest as of September 2025: 1.93x

Shanghai M&G Stationery Inc (603899) has a Cash Flow Quality Index of 1.93x as of September 2025. Operating cash flow of CN¥755.55 Million exceeds net income of CN¥391.12 Million, indicating high earnings quality where cash backs reported profits. Explore investment intensity of Shanghai M&G Stationery Inc to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.93x
Operating CF / Net Income

Operating Cash Flow

CN¥755.55 Million
CNY

Net Income

CN¥391.12 Million
CNY

Data as of

Sep 2025
Most recent filing

Shanghai M&G Stationery Inc Cash Flow Quality Index (2011–2025)

Historical Cash Flow Quality Index for Shanghai M&G Stationery Inc across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Shanghai M&G Stationery Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shanghai M&G Stationery Inc (2011–2025)

Year-by-year earnings quality comparison for Shanghai M&G Stationery Inc. For live market cap and the full company financial profile, see Shanghai M&G Stationery Inc (603899) total market value.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 1.74x CN¥2.28 Billion CN¥1.31 Billion ▲ +10.7%
2024 1.57x CN¥2.29 Billion CN¥1.45 Billion ▼ -8.2%
2023 1.71x CN¥2.62 Billion CN¥1.53 Billion ▲ +71.8%
2022 1.00x CN¥1.35 Billion CN¥1.36 Billion ▼ -2.0%
2021 1.02x CN¥1.56 Billion CN¥1.53 Billion ▼ -0.9%
2020 1.03x CN¥1.27 Billion CN¥1.24 Billion ▲ +2.1%
2019 1.01x CN¥1.08 Billion CN¥1.08 Billion ▼ -1.9%
2018 1.02x CN¥827.94 Million CN¥807.84 Million ▼ -10.4%
2017 1.14x CN¥717.50 Million CN¥627.16 Million ▼ -19.2%
2016 1.42x CN¥681.59 Million CN¥481.26 Million ▲ +15.9%
2015 1.22x CN¥497.27 Million CN¥407.05 Million ▲ +17.5%
2014 1.04x CN¥342.51 Million CN¥329.39 Million ▲ +33.1%
2013 0.78x CN¥218.97 Million CN¥280.34 Million ▼ -36.0%
2012 1.22x CN¥275.21 Million CN¥225.48 Million ▲ +193.7%
2011 0.42x CN¥53.58 Million CN¥128.94 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.