Beijing Tianyishangjia New Material Corp Ltd (688033) — Cash Flow Quality Index
Beijing Tianyishangjia New Material Corp Ltd (688033) has a Cash Flow Quality Index of -3.38x as of September 2023. Operating cash flow of CN¥-353.77 Million is below net income of CN¥104.69 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Beijing Tianyishangjia New Material Corp (688033) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Beijing Tianyishangjia New Material Corp Ltd Cash Flow Quality Index (2016–2023)
Historical Cash Flow Quality Index for Beijing Tianyishangjia New Material Corp Ltd across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Beijing Tianyishangjia New Material Corp.
Annual Cash Flow Quality Index for Beijing Tianyishangjia New Material Corp Ltd (2016–2023)
Year-by-year earnings quality comparison for Beijing Tianyishangjia New Material Corp Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -2.76x | CN¥-496.51 Million | CN¥179.85 Million | ▼ -1394.7% |
| 2022 | -0.18x | CN¥-35.03 Million | CN¥189.68 Million | ▼ -321.5% |
| 2021 | 0.08x | CN¥15.02 Million | CN¥180.07 Million | ▼ -95.2% |
| 2020 | 1.73x | CN¥190.38 Million | CN¥110.24 Million | ▲ +122.1% |
| 2019 | 0.78x | CN¥210.41 Million | CN¥270.56 Million | ▼ -16.1% |
| 2018 | 0.93x | CN¥243.99 Million | CN¥263.11 Million | ▲ +53.0% |
| 2017 | 0.61x | CN¥134.54 Million | CN¥221.93 Million | ▲ +27.3% |
| 2016 | 0.48x | CN¥92.62 Million | CN¥194.54 Million | — |