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. Also explore 688701 current and non-current assets for the complete picture of this company's asset base.

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. Check Zhejiang Zone King Environmental Sci&Tec (688701) tangible equity ratio to evaluate the tangible quality of the company's equity base.

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. For live market cap and the full company financial profile, see Zhejiang Zone King Environmental Sci&Tec market capitalisation.

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.