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. Also explore how large is Maxic Technology Inc. A's balance sheet for the complete picture of this company's asset base.

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. Check tangible equity quality of Maxic Technology Inc. A to evaluate the tangible quality of the company's equity base.

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

Year-by-year earnings quality comparison for Maxic Technology Inc. A. For live market cap and the full company financial profile, see market cap of 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.