Jiangxi Guotai Civilian (603977) — Cash Flow Quality Index
Jiangxi Guotai Civilian (603977) has a Cash Flow Quality Index of -1.90x as of September 2025. Operating cash flow of CN¥-130.55 Million is below net income of CN¥68.69 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 603977 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Jiangxi Guotai Civilian Cash Flow Quality Index (2012–2024)
Historical Cash Flow Quality Index for Jiangxi Guotai Civilian across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 603977 cash flow conversion.
Annual Cash Flow Quality Index for Jiangxi Guotai Civilian (2012–2024)
Year-by-year earnings quality comparison for Jiangxi Guotai Civilian.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.21x | CN¥266.93 Million | CN¥219.83 Million | ▼ -2.5% |
| 2023 | 1.25x | CN¥379.30 Million | CN¥304.61 Million | ▼ -22.7% |
| 2022 | 1.61x | CN¥289.68 Million | CN¥179.86 Million | ▲ +44.0% |
| 2021 | 1.12x | CN¥312.68 Million | CN¥279.48 Million | ▼ -9.8% |
| 2020 | 1.24x | CN¥274.05 Million | CN¥221.00 Million | ▲ +5.7% |
| 2019 | 1.17x | CN¥183.07 Million | CN¥155.99 Million | ▲ +11.7% |
| 2018 | 1.05x | CN¥80.36 Million | CN¥76.50 Million | ▼ -33.4% |
| 2017 | 1.58x | CN¥107.07 Million | CN¥67.90 Million | ▲ +77.6% |
| 2016 | 0.89x | CN¥91.64 Million | CN¥103.19 Million | ▼ -23.3% |
| 2015 | 1.16x | CN¥113.92 Million | CN¥98.34 Million | ▼ -10.0% |
| 2014 | 1.29x | CN¥138.86 Million | CN¥107.87 Million | ▼ -1.9% |
| 2013 | 1.31x | CN¥132.51 Million | CN¥101.04 Million | ▼ -5.2% |
| 2012 | 1.38x | CN¥87.74 Million | CN¥63.44 Million | — |