BrightGene Bio Medical Technology C (688166) — Cash Flow Quality Index

Latest as of June 2023: 0.69x

BrightGene Bio Medical Technology C (688166) has a Cash Flow Quality Index of 0.69x as of June 2023. Operating cash flow of CN¥26.70 Million is below net income of CN¥38.67 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore balance sheet size of BrightGene Bio Medical Technology C for the complete picture of this company's asset base.

Cash Flow Quality Index

0.69x
Operating CF / Net Income

Operating Cash Flow

CN¥26.70 Million
CNY

Net Income

CN¥38.67 Million
CNY

Data as of

Jun 2023
Most recent filing

BrightGene Bio Medical Technology C Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for BrightGene Bio Medical Technology C across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 688166 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for BrightGene Bio Medical Technology C (2016–2024)

Year-by-year earnings quality comparison for BrightGene Bio Medical Technology C. For live market cap and the full company financial profile, see 688166 market cap.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.30x CN¥245.56 Million CN¥189.17 Million ▲ +33.7%
2023 0.97x CN¥194.77 Million CN¥200.58 Million ▼ -25.2%
2022 1.30x CN¥311.26 Million CN¥239.62 Million ▲ +79.8%
2021 0.72x CN¥176.08 Million CN¥243.74 Million ▼ -21.0%
2020 0.91x CN¥155.43 Million CN¥170.08 Million ▲ +65.5%
2019 0.55x CN¥61.33 Million CN¥111.08 Million ▼ -36.8%
2018 0.87x CN¥63.99 Million CN¥73.20 Million ▲ +12.1%
2017 0.78x CN¥35.77 Million CN¥45.88 Million ▼ -55.3%
2016 1.74x CN¥29.73 Million CN¥17.06 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.