Shanghai Friendess Electronics Tech (688188) — Cash Flow Quality Index

Latest as of September 2025: 0.91x

Shanghai Friendess Electronics Tech (688188) has a Cash Flow Quality Index of 0.91x as of September 2025. Operating cash flow of CN¥239.87 Million is below net income of CN¥264.20 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore 688188 asset base for the complete picture of this company's asset base.

Cash Flow Quality Index

0.91x
Operating CF / Net Income

Operating Cash Flow

CN¥239.87 Million
CNY

Net Income

CN¥264.20 Million
CNY

Data as of

Sep 2025
Most recent filing

Shanghai Friendess Electronics Tech Cash Flow Quality Index (2016–2025)

Historical Cash Flow Quality Index for Shanghai Friendess Electronics Tech across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 688188 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shanghai Friendess Electronics Tech (2016–2025)

Year-by-year earnings quality comparison for Shanghai Friendess Electronics Tech. For live market cap and the full company financial profile, see Shanghai Friendess Electronics Tech (688188) total market value.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 1.00x CN¥1.10 Billion CN¥1.11 Billion ▼ -2.5%
2024 1.02x CN¥952.44 Million CN¥931.98 Million ▼ -13.5%
2023 1.18x CN¥860.94 Million CN¥728.91 Million ▼ -6.1%
2022 1.26x CN¥619.28 Million CN¥492.10 Million ▲ +38.5%
2021 0.91x CN¥498.73 Million CN¥548.93 Million ▼ -7.4%
2020 0.98x CN¥362.47 Million CN¥369.61 Million ▲ +0.6%
2019 0.97x CN¥239.90 Million CN¥246.14 Million ▼ -2.6%
2018 1.00x CN¥139.38 Million CN¥139.28 Million ▲ +1.6%
2017 0.99x CN¥129.14 Million CN¥131.09 Million ▼ -2.4%
2016 1.01x CN¥75.88 Million CN¥75.17 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.