DBAPPSecurity Co Ltd (688023) — Cash Flow Quality Index

Latest as of December 2023: 2.38x

DBAPPSecurity Co Ltd (688023) has a Cash Flow Quality Index of 2.38x as of December 2023. Operating cash flow of CN¥417.38 Million exceeds net income of CN¥175.72 Million, indicating high earnings quality where cash backs reported profits. Explore DBAPPSecurity Co Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.38x
Operating CF / Net Income

Operating Cash Flow

CN¥417.38 Million
CNY

Net Income

CN¥175.72 Million
CNY

Data as of

Dec 2023
Most recent filing

DBAPPSecurity Co Ltd Cash Flow Quality Index (2017–2021)

Historical Cash Flow Quality Index for DBAPPSecurity Co Ltd across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of DBAPPSecurity Co Ltd.

Annual Cash Flow Quality Index for DBAPPSecurity Co Ltd (2017–2021)

Year-by-year earnings quality comparison for DBAPPSecurity Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2021 -5.48x CN¥-61.30 Million CN¥11.19 Million ▼ -357.9%
2020 2.12x CN¥279.99 Million CN¥131.79 Million ▼ -9.6%
2019 2.35x CN¥216.52 Million CN¥92.17 Million ▲ +85.4%
2018 1.27x CN¥95.98 Million CN¥75.74 Million ▼ -4.1%
2017 1.32x CN¥68.87 Million CN¥52.11 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.