Cathay Biotech Inc (688065) — Cash Flow Quality Index

Latest as of September 2025: -0.47x

Cathay Biotech Inc (688065) has a Cash Flow Quality Index of -0.47x as of September 2025. Operating cash flow of CN¥-66.22 Million is below net income of CN¥142.01 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Cathay Biotech Inc (688065) cash conversion ratio to assess how effectively this company generates cash.

Cash Flow Quality Index

-0.47x
Operating CF / Net Income

Operating Cash Flow

CN¥-66.22 Million
CNY

Net Income

CN¥142.01 Million
CNY

Data as of

Sep 2025
Most recent filing

Cathay Biotech Inc Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for Cathay Biotech Inc across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check cash flow reinvestment rate of Cathay Biotech Inc to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Cathay Biotech Inc (2016–2024)

Year-by-year earnings quality comparison for Cathay Biotech Inc. For live market cap and the full company financial profile, see market cap of Cathay Biotech Inc.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.73x CN¥820.93 Million CN¥474.59 Million ▲ +11.3%
2023 1.55x CN¥569.45 Million CN¥366.52 Million ▲ +18.4%
2022 1.31x CN¥803.67 Million CN¥612.65 Million ▲ +42.8%
2021 0.92x CN¥594.18 Million CN¥646.68 Million ▼ -18.4%
2020 1.13x CN¥514.96 Million CN¥457.34 Million ▲ +49.9%
2019 0.75x CN¥359.62 Million CN¥478.88 Million ▲ +3504.1%
2018 -0.02x CN¥-10.29 Million CN¥466.29 Million ▼ -113.7%
2017 0.16x CN¥53.45 Million CN¥332.73 Million ▲ +118.2%
2016 -0.88x CN¥-128.67 Million CN¥145.47 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.