iRay Technology Co Ltd Cash Flow Quality Index

Latest as of September 2025: 2.53x

iRay Technology Co Ltd cash flow quality index. iRay Technology Co Ltd (688301) has a Cash Flow Quality Index of 2.53x as of September 2025. Operating cash flow of CN¥343.82 Million exceeds net income of CN¥135.98 Million, indicating high earnings quality where cash backs reported profits. See iRay Technology Co Ltd (688301) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

2.53x
Operating CF / Net Income

Operating Cash Flow

CN¥343.82 Million
CNY

Net Income

CN¥135.98 Million
CNY

Data as of

Sep 2025
Most recent filing

Cash Flow Quality Index of iRay Technology Co Ltd (2015–2024)

Cash flow quality index of iRay Technology Co Ltd from 2015 to 2024. Historical Cash Flow Quality Index for iRay Technology Co Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore iRay Technology Co Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

iRay Technology Co Ltd Cash Flow Quality Index by Year (2015–2024)

iRay Technology Co Ltd cash flow quality index by year from 2015 to 2024. Year-by-year earnings quality comparison for iRay Technology Co Ltd. For the full cash flow conversion analysis, see 688301 cash flow metrics.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 0.80x CN¥360.42 Million CN¥450.40 Million ▲ +42.2%
2023 0.56x CN¥340.32 Million CN¥604.77 Million ▲ +13.5%
2022 0.50x CN¥316.62 Million CN¥638.71 Million ▼ -3.1%
2021 0.51x CN¥248.02 Million CN¥484.57 Million ▼ -56.5%
2020 1.18x CN¥262.32 Million CN¥223.09 Million ▲ +264.2%
2019 0.32x CN¥30.78 Million CN¥95.32 Million ▼ -0.7%
2018 0.33x CN¥19.29 Million CN¥59.32 Million ▼ -82.6%
2017 1.87x CN¥101.68 Million CN¥54.45 Million ▲ +99.2%
2016 0.94x CN¥40.10 Million CN¥42.77 Million ▼ -72.0%
2015 3.35x CN¥63.45 Million CN¥18.93 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.