Ningbo Deye Technology Co Ltd (605117) — Cash Flow Quality Index

Latest as of June 2023: 1.48x

Ningbo Deye Technology Co Ltd (605117) has a Cash Flow Quality Index of 1.48x as of June 2023. Operating cash flow of CN¥1.00 Billion exceeds net income of CN¥674.79 Million, indicating high earnings quality where cash backs reported profits. Explore 605117 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.48x
Operating CF / Net Income

Operating Cash Flow

CN¥1.00 Billion
CNY

Net Income

CN¥674.79 Million
CNY

Data as of

Jun 2023
Most recent filing

Ningbo Deye Technology Co Ltd Cash Flow Quality Index (2019–2024)

Historical Cash Flow Quality Index for Ningbo Deye Technology Co Ltd across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Ningbo Deye Technology Co Ltd (605117) cash conversion ratio.

Annual Cash Flow Quality Index for Ningbo Deye Technology Co Ltd (2019–2024)

Year-by-year earnings quality comparison for Ningbo Deye Technology Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.14x CN¥3.37 Billion CN¥2.96 Billion ▼ -2.1%
2023 1.16x CN¥2.08 Billion CN¥1.79 Billion ▼ -20.0%
2022 1.45x CN¥2.20 Billion CN¥1.52 Billion ▲ +5.5%
2021 1.38x CN¥796.61 Million CN¥578.56 Million ▲ +16.1%
2020 1.19x CN¥453.68 Million CN¥382.45 Million ▼ -19.1%
2019 1.47x CN¥380.76 Million CN¥259.71 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.