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 Road Environment Technology Co. Ltd. A (688156) cash flow conversion to assess how effectively this company generates cash.
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 Road Environment Technology Co. Ltd. A total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
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 overview.
| 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 | — |