Tianjin Silvery Dragon (603969) — Cash Flow Quality Index

Latest as of September 2025: 0.69x

Tianjin Silvery Dragon (603969) has a Cash Flow Quality Index of 0.69x as of September 2025. Operating cash flow of CN¥69.53 Million is below net income of CN¥101.35 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 603969 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.69x
Operating CF / Net Income

Operating Cash Flow

CN¥69.53 Million
CNY

Net Income

CN¥101.35 Million
CNY

Data as of

Sep 2025
Most recent filing

Tianjin Silvery Dragon Cash Flow Quality Index (2011–2024)

Historical Cash Flow Quality Index for Tianjin Silvery Dragon across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Tianjin Silvery Dragon tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Tianjin Silvery Dragon (2011–2024)

Year-by-year earnings quality comparison for Tianjin Silvery Dragon. For live market cap and the full company financial profile, see 603969 stock market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 -0.42x CN¥-106.08 Million CN¥251.23 Million ▼ -9.0%
2023 -0.39x CN¥-66.44 Million CN¥171.56 Million ▼ -120.9%
2022 1.85x CN¥189.26 Million CN¥102.30 Million ▲ +508.7%
2021 -0.45x CN¥-70.28 Million CN¥155.26 Million ▼ -123.7%
2020 1.91x CN¥270.59 Million CN¥141.91 Million ▲ +94651.8%
2019 0.00x CN¥-353.80K CN¥175.44 Million ▼ -100.1%
2018 1.69x CN¥256.90 Million CN¥151.77 Million ▲ +685.1%
2017 -0.29x CN¥-34.37 Million CN¥118.81 Million ▲ +50.5%
2016 -0.58x CN¥-86.39 Million CN¥147.72 Million ▼ -137.4%
2015 1.57x CN¥212.25 Million CN¥135.60 Million ▲ +32.2%
2014 1.18x CN¥155.01 Million CN¥130.94 Million ▲ +107.7%
2013 0.57x CN¥69.00 Million CN¥121.04 Million ▲ +190.6%
2012 0.20x CN¥10.58 Million CN¥53.91 Million ▲ +114.1%
2011 -1.39x CN¥-82.70 Million CN¥59.55 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.