Ningbo Ronbay New Energy Tech Ltd (688005) — Cash Flow Quality Index
Ningbo Ronbay New Energy Tech Ltd (688005) has a Cash Flow Quality Index of 5.62x as of December 2024. Operating cash flow of CN¥1.01 Billion exceeds net income of CN¥179.52 Million, indicating high earnings quality where cash backs reported profits. Explore Ningbo Ronbay New Energy Tech Ltd cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Ningbo Ronbay New Energy Tech Ltd Cash Flow Quality Index (2016–2024)
Historical Cash Flow Quality Index for Ningbo Ronbay New Energy Tech Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how aggressively does Ningbo Ronbay New Energy Tech Ltd reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Ningbo Ronbay New Energy Tech Ltd (2016–2024)
Year-by-year earnings quality comparison for Ningbo Ronbay New Energy Tech Ltd. For live market cap and the full company financial profile, see how much is Ningbo Ronbay New Energy Tech Ltd worth.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.59x | CN¥523.40 Million | CN¥328.65 Million | ▼ -44.3% |
| 2023 | 2.86x | CN¥1.80 Billion | CN¥627.59 Million | ▲ +1731.5% |
| 2022 | -0.18x | CN¥-240.98 Million | CN¥1.37 Billion | ▲ +17.0% |
| 2021 | -0.21x | CN¥-191.85 Million | CN¥908.24 Million | ▼ -106.2% |
| 2020 | 3.38x | CN¥707.93 Million | CN¥209.29 Million | ▲ +148.9% |
| 2019 | 1.36x | CN¥117.46 Million | CN¥86.43 Million | ▲ +152.8% |
| 2018 | -2.57x | CN¥-542.82 Million | CN¥210.97 Million | ▲ +89.0% |
| 2017 | -23.42x | CN¥-637.67 Million | CN¥27.23 Million | ▼ -107.0% |
| 2016 | -11.31x | CN¥-62.88 Million | CN¥5.56 Million | — |