Maxic Technology Inc. A Cash Flow Quality Index

Latest as of December 2023: -5.06x

Maxic Technology Inc. A cash flow quality index. Maxic Technology Inc. A (688458) has a Cash Flow Quality Index of -5.06x as of December 2023. Operating cash flow of CN¥-152.62 Million is below net income of CN¥30.15 Million, suggesting accrual-heavy earnings not yet converted to cash. See financial agility of Maxic Technology Inc. A to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

-5.06x
Operating CF / Net Income

Operating Cash Flow

CN¥-152.62 Million
CNY

Net Income

CN¥30.15 Million
CNY

Data as of

Dec 2023
Most recent filing

Cash Flow Quality Index of Maxic Technology Inc. A (2021–2023)

Cash flow quality index of Maxic Technology Inc. A from 2021 to 2023. Historical Cash Flow Quality Index for Maxic Technology Inc. A across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore how well can Maxic Technology Inc. A service its debt to assess how comfortably operating cash covers total debt obligations.

Maxic Technology Inc. A Cash Flow Quality Index by Year (2021–2023)

Maxic Technology Inc. A cash flow quality index by year from 2021 to 2023. Year-by-year earnings quality comparison for Maxic Technology Inc. A. For the full cash flow conversion analysis, see 688458 cash flow metrics.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 -5.06x CN¥-152.62 Million CN¥30.15 Million ▼ -727.9%
2022 0.81x CN¥42.40 Million CN¥52.59 Million ▲ +1063.2%
2021 -0.08x CN¥-2.73 Million CN¥32.61 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.