Tianjin Silvery Dragon (603969) — Cash Flow Quality Index
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 how well can Tianjin Silvery Dragon service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see 603969 cash flow metrics.
Annual Cash Flow Quality Index for Tianjin Silvery Dragon (2011–2024)
Year-by-year earnings quality comparison for Tianjin Silvery Dragon.
| 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 | — |