Keystone Technology Co Ltd (605588) — Cash Flow Quality Index

Latest as of June 2024: 0.91x

Keystone Technology Co Ltd (605588) has a Cash Flow Quality Index of 0.91x as of June 2024. Operating cash flow of CN¥8.92 Million is below net income of CN¥9.85 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Keystone Technology Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.91x
Operating CF / Net Income

Operating Cash Flow

CN¥8.92 Million
CNY

Net Income

CN¥9.85 Million
CNY

Data as of

Jun 2024
Most recent filing

Keystone Technology Co Ltd Cash Flow Quality Index (2017–2023)

Historical Cash Flow Quality Index for Keystone Technology Co Ltd across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Keystone Technology Co Ltd.

Annual Cash Flow Quality Index for Keystone Technology Co Ltd (2017–2023)

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

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 -0.02x CN¥-1.14 Million CN¥52.22 Million ▼ -102.2%
2022 1.01x CN¥82.45 Million CN¥81.63 Million ▲ +351.0%
2021 0.22x CN¥22.09 Million CN¥98.66 Million ▼ -79.9%
2020 1.11x CN¥100.88 Million CN¥90.75 Million ▲ +54.0%
2019 0.72x CN¥66.73 Million CN¥92.42 Million ▲ +6.6%
2018 0.68x CN¥39.45 Million CN¥58.26 Million ▲ +110.0%
2017 0.32x CN¥18.50 Million CN¥57.37 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.