Tangshan Sunfar Silicon Ind (603938) — Cash Flow Quality Index
Tangshan Sunfar Silicon Ind (603938) has a Cash Flow Quality Index of 0.94x as of September 2025. Operating cash flow of CN¥24.23 Million is below net income of CN¥25.68 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Tangshan Sunfar Silicon Ind to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Tangshan Sunfar Silicon Ind Cash Flow Quality Index (2012–2025)
Historical Cash Flow Quality Index for Tangshan Sunfar Silicon Ind across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Tangshan Sunfar Silicon Ind.
Annual Cash Flow Quality Index for Tangshan Sunfar Silicon Ind (2012–2025)
Year-by-year earnings quality comparison for Tangshan Sunfar Silicon Ind.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.97x | CN¥78.28 Million | CN¥80.30 Million | ▼ -63.4% |
| 2024 | 2.66x | CN¥162.68 Million | CN¥61.14 Million | ▲ +18.5% |
| 2023 | 2.24x | CN¥400.46 Million | CN¥178.41 Million | ▲ +252.5% |
| 2022 | 0.64x | CN¥473.16 Million | CN¥743.10 Million | ▼ -16.2% |
| 2021 | 0.76x | CN¥254.54 Million | CN¥334.91 Million | ▼ -59.2% |
| 2020 | 1.86x | CN¥180.05 Million | CN¥96.70 Million | ▲ +415.2% |
| 2019 | 0.36x | CN¥38.80 Million | CN¥107.35 Million | ▼ -62.2% |
| 2018 | 0.96x | CN¥108.09 Million | CN¥113.05 Million | ▲ +835.6% |
| 2017 | -0.13x | CN¥-18.55 Million | CN¥142.74 Million | ▼ -119.6% |
| 2016 | 0.66x | CN¥53.68 Million | CN¥81.07 Million | ▲ +962.7% |
| 2015 | 0.06x | CN¥5.21 Million | CN¥83.65 Million | ▼ -81.8% |
| 2014 | 0.34x | CN¥31.23 Million | CN¥91.26 Million | ▼ -59.4% |
| 2013 | 0.84x | CN¥53.07 Million | CN¥62.90 Million | ▼ -76.4% |
| 2012 | 3.58x | CN¥82.55 Million | CN¥23.06 Million | — |