CareRay Digital Medical Technology Co Ltd (688607) — Cash Flow Quality Index
CareRay Digital Medical Technology Co Ltd (688607) has a Cash Flow Quality Index of -20.88x as of September 2025. Operating cash flow of CN¥-22.70 Million is below net income of CN¥1.09 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 688607 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
CareRay Digital Medical Technology Co Ltd Cash Flow Quality Index (2017–2024)
Historical Cash Flow Quality Index for CareRay Digital Medical Technology Co Ltd across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 688607 cash flow metrics.
Annual Cash Flow Quality Index for CareRay Digital Medical Technology Co Ltd (2017–2024)
Year-by-year earnings quality comparison for CareRay Digital Medical Technology Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.28x | CN¥22.62 Million | CN¥17.68 Million | ▼ -8.2% |
| 2023 | 1.39x | CN¥21.48 Million | CN¥15.41 Million | ▲ +276.0% |
| 2021 | 0.37x | CN¥31.53 Million | CN¥85.05 Million | ▼ -60.9% |
| 2020 | 0.95x | CN¥71.18 Million | CN¥75.11 Million | ▲ +111.5% |
| 2019 | 0.45x | CN¥21.59 Million | CN¥48.18 Million | ▼ -33.0% |
| 2018 | 0.67x | CN¥32.95 Million | CN¥49.29 Million | ▼ -50.2% |
| 2017 | 1.34x | CN¥29.00 Million | CN¥21.59 Million | — |