Shanghai Taihe Water Environmental Technology Development Co Ltd (605081) — Cash Flow Quality Index

Latest as of March 2023: -15.38x

Shanghai Taihe Water Environmental Technology Development Co Ltd (605081) has a Cash Flow Quality Index of -15.38x as of March 2023. Operating cash flow of CN¥-28.55 Million is below net income of CN¥1.86 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore balance sheet size of Shanghai Taihe Water Environmental Techn for the complete picture of this company's asset base.

Cash Flow Quality Index

-15.38x
Operating CF / Net Income

Operating Cash Flow

CN¥-28.55 Million
CNY

Net Income

CN¥1.86 Million
CNY

Data as of

Mar 2023
Most recent filing

Shanghai Taihe Water Environmental Technology Development Co Ltd Cash Flow Quality Index (2019–2021)

Historical Cash Flow Quality Index for Shanghai Taihe Water Environmental Technology Development Co Ltd across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Shanghai Taihe Water Environmental Techn (605081) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shanghai Taihe Water Environmental Technology Development Co Ltd (2019–2021)

Year-by-year earnings quality comparison for Shanghai Taihe Water Environmental Technology Development Co Ltd. For live market cap and the full company financial profile, see 605081 stock market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2021 -1.41x CN¥-128.41 Million CN¥90.94 Million ▼ -1114.2%
2020 0.14x CN¥22.50 Million CN¥161.60 Million ▼ -31.0%
2019 0.20x CN¥29.86 Million CN¥147.90 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.