GRINM Semiconductor Materials Co. Ltd. A (688432) — Cash Flow Quality Index
GRINM Semiconductor Materials Co. Ltd. A (688432) has a Cash Flow Quality Index of 0.98x as of December 2024. Operating cash flow of CN¥229.37 Million is below net income of CN¥232.90 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can GRINM Semiconductor Materials Co. Ltd. A service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
GRINM Semiconductor Materials Co. Ltd. A Cash Flow Quality Index (2020–2024)
Historical Cash Flow Quality Index for GRINM Semiconductor Materials Co. Ltd. A across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 688432 cash generation efficiency.
Annual Cash Flow Quality Index for GRINM Semiconductor Materials Co. Ltd. A (2020–2024)
Year-by-year earnings quality comparison for GRINM Semiconductor Materials Co. Ltd. A.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.98x | CN¥229.37 Million | CN¥232.90 Million | ▼ -6.1% |
| 2023 | 1.05x | CN¥266.64 Million | CN¥254.18 Million | ▼ -14.4% |
| 2022 | 1.22x | CN¥430.35 Million | CN¥351.33 Million | ▼ -43.7% |
| 2021 | 2.18x | CN¥322.74 Million | CN¥148.36 Million | ▲ +2.4% |
| 2020 | 2.12x | CN¥241.34 Million | CN¥113.58 Million | — |