GRIPM Advanced Materials Co. Ltd. A (688456) — Cash Flow Quality Index

Latest as of December 2020: 0.84x

GRIPM Advanced Materials Co. Ltd. A (688456) has a Cash Flow Quality Index of 0.84x as of December 2020. Operating cash flow of CN¥74.74 Million is below net income of CN¥89.01 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore 688456 total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

0.84x
Operating CF / Net Income

Operating Cash Flow

CN¥74.74 Million
CNY

Net Income

CN¥89.01 Million
CNY

Data as of

Dec 2020
Most recent filing

GRIPM Advanced Materials Co. Ltd. A Cash Flow Quality Index (2017–2024)

Historical Cash Flow Quality Index for GRIPM Advanced Materials Co. Ltd. A across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of GRIPM Advanced Materials Co. Ltd. A to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for GRIPM Advanced Materials Co. Ltd. A (2017–2024)

Year-by-year earnings quality comparison for GRIPM Advanced Materials Co. Ltd. A. For live market cap and the full company financial profile, see GRIPM Advanced Materials Co. Ltd. A market cap and net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 -0.05x CN¥-2.81 Million CN¥59.38 Million ▼ -325.6%
2023 0.02x CN¥1.16 Million CN¥55.12 Million ▼ -95.9%
2022 0.51x CN¥29.03 Million CN¥56.51 Million ▲ +216.9%
2021 -0.44x CN¥-35.68 Million CN¥81.21 Million ▼ -907.4%
2020 0.05x CN¥7.19 Million CN¥132.17 Million ▲ +133.7%
2019 -0.16x CN¥-9.72 Million CN¥60.19 Million ▼ -112.7%
2018 1.28x CN¥82.33 Million CN¥64.54 Million ▲ +165.8%
2017 0.48x CN¥26.53 Million CN¥55.28 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.