Suzhou Xingye Material Tech (603928) — Cash Flow Quality Index

Latest as of September 2025: -0.36x

Suzhou Xingye Material Tech (603928) has a Cash Flow Quality Index of -0.36x as of September 2025. Operating cash flow of CN¥-10.33 Million is below net income of CN¥28.91 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Suzhou Xingye Material Tech to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.36x
Operating CF / Net Income

Operating Cash Flow

CN¥-10.33 Million
CNY

Net Income

CN¥28.91 Million
CNY

Data as of

Sep 2025
Most recent filing

Suzhou Xingye Material Tech Cash Flow Quality Index (2011–2025)

Historical Cash Flow Quality Index for Suzhou Xingye Material Tech across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Suzhou Xingye Material Tech cash flow conversion.

Annual Cash Flow Quality Index for Suzhou Xingye Material Tech (2011–2025)

Year-by-year earnings quality comparison for Suzhou Xingye Material Tech.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 0.65x CN¥65.78 Million CN¥101.54 Million ▼ -85.0%
2024 4.32x CN¥174.88 Million CN¥40.52 Million ▲ +30.7%
2023 3.30x CN¥250.77 Million CN¥75.94 Million ▲ +299.1%
2022 0.83x CN¥96.17 Million CN¥116.24 Million ▲ +637.4%
2021 0.11x CN¥14.55 Million CN¥129.67 Million ▼ -89.8%
2020 1.10x CN¥131.96 Million CN¥119.79 Million ▲ +10.5%
2019 1.00x CN¥132.23 Million CN¥132.61 Million ▲ +34.4%
2018 0.74x CN¥108.40 Million CN¥146.16 Million ▲ +415.3%
2017 -0.24x CN¥-31.87 Million CN¥135.49 Million ▼ -124.4%
2016 0.96x CN¥99.54 Million CN¥103.19 Million ▼ -23.7%
2015 1.26x CN¥137.58 Million CN¥108.84 Million ▲ +42.5%
2014 0.89x CN¥78.56 Million CN¥88.57 Million ▼ -10.7%
2013 0.99x CN¥73.26 Million CN¥73.71 Million ▼ -21.4%
2012 1.26x CN¥78.39 Million CN¥62.03 Million ▲ +5.7%
2011 1.20x CN¥87.79 Million CN¥73.39 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.