Chongqing Sifang New Material Co. Ltd. (605122) — Cash Flow Quality Index

Latest as of December 2023: 7.28x

Chongqing Sifang New Material Co. Ltd. (605122) has a Cash Flow Quality Index of 7.28x as of December 2023. Operating cash flow of CN¥94.39 Million exceeds net income of CN¥12.96 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Chongqing Sifang New Material Co. Ltd. to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

7.28x
Operating CF / Net Income

Operating Cash Flow

CN¥94.39 Million
CNY

Net Income

CN¥12.96 Million
CNY

Data as of

Dec 2023
Most recent filing

Chongqing Sifang New Material Co. Ltd. Cash Flow Quality Index (2019–2023)

Historical Cash Flow Quality Index for Chongqing Sifang New Material Co. Ltd. across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Chongqing Sifang New Material Co. Ltd..

Annual Cash Flow Quality Index for Chongqing Sifang New Material Co. Ltd. (2019–2023)

Year-by-year earnings quality comparison for Chongqing Sifang New Material Co. Ltd..

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 7.28x CN¥94.39 Million CN¥12.96 Million ▲ +538.3%
2021 -1.66x CN¥-222.36 Million CN¥133.86 Million ▼ -815.9%
2020 0.23x CN¥56.55 Million CN¥243.72 Million ▼ -59.7%
2019 0.58x CN¥134.12 Million CN¥233.01 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.