Road Environment Technology Co. Ltd. A (688156) — Cash Flow Quality Index
Road Environment Technology Co. Ltd. A (688156) has a Cash Flow Quality Index of -0.71x as of December 2023. Operating cash flow of CN¥-19.13 Million is below net income of CN¥26.97 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Road Environment Technology Co. Ltd. A balance sheet assets for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Road Environment Technology Co. Ltd. A Cash Flow Quality Index (2019–2023)
Historical Cash Flow Quality Index for Road Environment Technology Co. Ltd. A across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Road Environment Technology Co. Ltd. A's equity to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Road Environment Technology Co. Ltd. A (2019–2023)
Year-by-year earnings quality comparison for Road Environment Technology Co. Ltd. A. For live market cap and the full company financial profile, see 688156 market cap.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -0.71x | CN¥-19.13 Million | CN¥26.97 Million | ▼ -626.7% |
| 2022 | 0.13x | CN¥3.49 Million | CN¥25.93 Million | ▼ -76.9% |
| 2021 | 0.58x | CN¥44.81 Million | CN¥76.98 Million | ▲ +18.1% |
| 2020 | 0.49x | CN¥23.53 Million | CN¥47.74 Million | ▼ -28.8% |
| 2019 | 0.69x | CN¥30.50 Million | CN¥44.06 Million | — |