Novoray Corporation (688300) — Cash Flow Quality Index
Novoray Corporation (688300) has a Cash Flow Quality Index of 1.14x as of September 2025. Operating cash flow of CN¥93.17 Million exceeds net income of CN¥81.38 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow conversion of Novoray Corporation to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Novoray Corporation Cash Flow Quality Index (2012–2024)
Historical Cash Flow Quality Index for Novoray Corporation across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check cash flow reinvestment rate of Novoray Corporation to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Novoray Corporation (2012–2024)
Year-by-year earnings quality comparison for Novoray Corporation. For live market cap and the full company financial profile, see 688300 stock market capitalisation.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.01x | CN¥254.71 Million | CN¥251.37 Million | ▼ -28.6% |
| 2023 | 1.42x | CN¥246.95 Million | CN¥173.99 Million | ▲ +11.0% |
| 2022 | 1.28x | CN¥240.68 Million | CN¥188.24 Million | ▲ +44.1% |
| 2021 | 0.89x | CN¥153.42 Million | CN¥172.87 Million | ▲ +9.8% |
| 2020 | 0.81x | CN¥89.69 Million | CN¥110.92 Million | ▼ -25.0% |
| 2019 | 1.08x | CN¥80.58 Million | CN¥74.69 Million | ▲ +13.1% |
| 2018 | 0.95x | CN¥55.69 Million | CN¥58.37 Million | ▲ +520.4% |
| 2017 | 0.15x | CN¥6.50 Million | CN¥42.25 Million | ▼ -78.3% |
| 2016 | 0.71x | CN¥23.17 Million | CN¥32.71 Million | ▲ +74.0% |
| 2015 | 0.41x | CN¥7.42 Million | CN¥18.22 Million | ▼ -55.6% |
| 2014 | 0.92x | CN¥17.33 Million | CN¥18.91 Million | ▼ -53.0% |
| 2013 | 1.95x | CN¥27.80 Million | CN¥14.24 Million | ▲ +69.3% |
| 2012 | 1.15x | CN¥16.16 Million | CN¥14.02 Million | — |