Zhejiang Zone King Environmental Sci&Tech Co Ltd (688701) — Cash Flow Quality Index

Latest as of December 2020: 0.37x

Zhejiang Zone King Environmental Sci&Tech Co Ltd (688701) has a Cash Flow Quality Index of 0.37x as of December 2020. Operating cash flow of CN¥12.42 Million is below net income of CN¥33.95 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 688701 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.37x
Operating CF / Net Income

Operating Cash Flow

CN¥12.42 Million
CNY

Net Income

CN¥33.95 Million
CNY

Data as of

Dec 2020
Most recent filing

Zhejiang Zone King Environmental Sci&Tech Co Ltd Cash Flow Quality Index (2017–2021)

Historical Cash Flow Quality Index for Zhejiang Zone King Environmental Sci&Tech Co Ltd across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Zhejiang Zone King Environmental Sci&Tec cash conversion from operations.

Annual Cash Flow Quality Index for Zhejiang Zone King Environmental Sci&Tech Co Ltd (2017–2021)

Year-by-year earnings quality comparison for Zhejiang Zone King Environmental Sci&Tech Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2021 -1.85x CN¥-74.21 Million CN¥40.04 Million ▼ -1009.0%
2020 0.20x CN¥9.23 Million CN¥45.28 Million ▲ +137.7%
2019 -0.54x CN¥-30.36 Million CN¥56.07 Million ▼ -471.9%
2018 -0.09x CN¥-3.82 Million CN¥40.30 Million ▼ -583.3%
2017 0.02x CN¥637.74K CN¥32.56 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.