Road Environment Technology Co. Ltd. A Cash Flow Quality Index
Road Environment Technology Co. Ltd. A 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. See financial agility of Road Environment Technology Co. Ltd. A to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Road Environment Technology Co. Ltd. A (2019–2023)
Cash flow quality index of Road Environment Technology Co. Ltd. A from 2019 to 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. Explore Road Environment Technology Co. Ltd. A cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Road Environment Technology Co. Ltd. A Cash Flow Quality Index by Year (2019–2023)
Road Environment Technology Co. Ltd. A cash flow quality index by year from 2019 to 2023. Year-by-year earnings quality comparison for Road Environment Technology Co. Ltd. A. For the full cash flow conversion analysis, see Road Environment Technology Co. Ltd. A operating cash flow efficiency.
| 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 | — |