Maxic Technology Inc. A (688458) — Cash Flow Quality Index

Latest as of December 2023: -5.06x

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. Explore how well can Maxic Technology Inc. A service its debt to assess how comfortably operating cash covers total debt obligations.

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

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

Historical Cash Flow Quality Index for Maxic Technology Inc. A across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 688458 cash generation efficiency.

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

Year-by-year earnings quality comparison for Maxic Technology Inc. A.

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.