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. Explore 688156 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see Road Environment Technology Co. Ltd. A (688156) cash flow conversion.
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.
| 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 | — |