Beijing Piesat Information Technology Co Ltd (688066) — Cash Flow Quality Index

Latest as of June 2023: -2.53x

Beijing Piesat Information Technology Co Ltd (688066) has a Cash Flow Quality Index of -2.53x as of June 2023. Operating cash flow of CN¥-253.06 Million is below net income of CN¥99.92 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore how large is Beijing Piesat Information Technology Co's balance sheet for the complete picture of this company's asset base.

Cash Flow Quality Index

-2.53x
Operating CF / Net Income

Operating Cash Flow

CN¥-253.06 Million
CNY

Net Income

CN¥99.92 Million
CNY

Data as of

Jun 2023
Most recent filing

Beijing Piesat Information Technology Co Ltd Cash Flow Quality Index (2016–2022)

Historical Cash Flow Quality Index for Beijing Piesat Information Technology Co Ltd across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Beijing Piesat Information Technology Co (688066) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Beijing Piesat Information Technology Co Ltd (2016–2022)

Year-by-year earnings quality comparison for Beijing Piesat Information Technology Co Ltd. For live market cap and the full company financial profile, see Beijing Piesat Information Technology Co (688066) market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 -1.85x CN¥-488.00 Million CN¥264.01 Million ▼ -210.4%
2021 -0.60x CN¥-119.01 Million CN¥199.84 Million ▼ -201.7%
2020 0.59x CN¥75.36 Million CN¥128.69 Million ▲ +134.7%
2019 -1.69x CN¥-140.80 Million CN¥83.40 Million ▼ -836.1%
2018 -0.18x CN¥-11.46 Million CN¥63.53 Million ▼ -301.8%
2017 0.09x CN¥4.13 Million CN¥46.24 Million ▲ +106.3%
2016 -1.41x CN¥-44.65 Million CN¥31.63 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.