Shenzhen Sunxing Light Alloys (603978) — Cash Flow Quality Index
Shenzhen Sunxing Light Alloys (603978) has a Cash Flow Quality Index of 61.86x as of March 2025. Operating cash flow of CN¥149.77 Million exceeds net income of CN¥2.42 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Shenzhen Sunxing Light Alloys to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shenzhen Sunxing Light Alloys Cash Flow Quality Index (2012–2021)
Historical Cash Flow Quality Index for Shenzhen Sunxing Light Alloys across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Shenzhen Sunxing Light Alloys operating cash flow efficiency.
Annual Cash Flow Quality Index for Shenzhen Sunxing Light Alloys (2012–2021)
Year-by-year earnings quality comparison for Shenzhen Sunxing Light Alloys.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2021 | -7.25x | CN¥-208.63 Million | CN¥28.78 Million | ▲ +30.5% |
| 2020 | -10.42x | CN¥-293.18 Million | CN¥28.13 Million | ▼ -1401.5% |
| 2019 | -0.69x | CN¥-65.44 Million | CN¥94.27 Million | ▼ -165.5% |
| 2018 | 1.06x | CN¥132.58 Million | CN¥125.10 Million | ▲ +143.5% |
| 2017 | -2.43x | CN¥-254.39 Million | CN¥104.53 Million | ▼ -481.7% |
| 2016 | 0.64x | CN¥84.66 Million | CN¥132.79 Million | ▼ -38.3% |
| 2015 | 1.03x | CN¥84.93 Million | CN¥82.25 Million | ▼ -4.7% |
| 2014 | 1.08x | CN¥109.08 Million | CN¥100.69 Million | ▲ +56.8% |
| 2013 | 0.69x | CN¥58.03 Million | CN¥84.02 Million | ▼ -63.6% |
| 2012 | 1.90x | CN¥133.36 Million | CN¥70.28 Million | — |