Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (688323) — Cash Flow Quality Index

Latest as of September 2023: 76.85x

Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (688323) has a Cash Flow Quality Index of 76.85x as of September 2023. Operating cash flow of CN¥19.98 Million exceeds net income of CN¥259.92K, indicating high earnings quality where cash backs reported profits. Also explore balance sheet size of Shenzhen Rayitek Hi-Tech Film Co. Ltd. A for the complete picture of this company's asset base.

Cash Flow Quality Index

76.85x
Operating CF / Net Income

Operating Cash Flow

CN¥19.98 Million
CNY

Net Income

CN¥259.92K
CNY

Data as of

Sep 2023
Most recent filing

Shenzhen Rayitek Hi-Tech Film Co. Ltd. A Cash Flow Quality Index (2017–2022)

Historical Cash Flow Quality Index for Shenzhen Rayitek Hi-Tech Film Co. Ltd. A across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Shenzhen Rayitek Hi-Tech Film Co. Ltd. A to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (2017–2022)

Year-by-year earnings quality comparison for Shenzhen Rayitek Hi-Tech Film Co. Ltd. A. For live market cap and the full company financial profile, see 688323 market cap.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 2.31x CN¥89.82 Million CN¥38.87 Million ▲ +65.2%
2021 1.40x CN¥78.38 Million CN¥56.05 Million ▼ -9.8%
2020 1.55x CN¥90.27 Million CN¥58.20 Million ▼ -36.8%
2019 2.45x CN¥82.44 Million CN¥33.61 Million ▲ +473.4%
2018 0.43x CN¥15.66 Million CN¥36.62 Million ▼ -59.4%
2017 1.05x CN¥10.38 Million CN¥9.85 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.