The Growth Of Net Operating Cash Flow Is A Precursor To Corporate Earnings Growth.

< p > cash flow is the blood of listed companies, and the 2012 annual report shows that the cash flow situation of all listed companies of A shares has improved significantly.

Among them, the growth of net operating cash flow is a precursor of corporate earnings growth, thus becoming an important index of stock selection.

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< p > Wind statistics show that the net operating cash value of all listed companies of A shares reached 4 trillion and 536 billion 255 million yuan, up 51.18% from the 3 trillion and 10 billion 74 million yuan in the 2011 Annual Report, while the growth rate in 2011 was only 10.01% in the reporting period, and only -13.45% in 2010.

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< p > < strong > > a target= "_blank" href= "//www.sjfzxm.com/" > textile > /a > a target= "_blank", "_blank".

< p > according to the industry classification of Shen Yi class, in the 2012 annual report, besides the three industries of agriculture, forestry, animal husbandry, fishery, mining and chemical industry, the net cash flow of the other 20 industries rose to varying degrees.

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< p > the cash flow of the textile and garment industry increased from 287 million yuan in 2011 to 19 billion 486 million yuan, a significant increase of 6263.06% over the same period last year, ranking first in all industries.

Followed by information equipment and building materials, the net cash flow of these two industries in 2012 increased by 2460.08% and 685.08% respectively.

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< p > in the textile and garment industry, YOUNGOR's operating cash flow outflows from 1 billion 547 million yuan in 2011 to 5 billion 291 million yuan in 2012, and its growth rate is particularly obvious.

However, it is precisely because YOUNGOR's net cash flow has accounted for 1/4 of the total cash flow of the entire textile and garment industry in 2012, thus making the cash flow of the entire textile and garment industry improved significantly.

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The cash flow situation of the leading companies in the textile industry is also improving. < p >

Among them, the annual report of a target= "_blank" href= "//www.sjfzxm.com/" > dress < /a > shows that its net cash flow has reached 2 billion 856 million yuan, an increase of 192.47% over the same period last year.

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< p > but we have to say that the cash flow situation in the first quarter of the textile industry has deteriorated again, with a net outflow of 220 million yuan from the net inflow.

This seems to indicate that the growth of the 2012 annual report is only a short-term phenomenon.

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< p > in the information equipment industry, the the Great Wall computer has become the most "bad money" company in the industry. Its operating cash flow has increased from 637 million yuan in 2011 to 4 billion 563 million yuan, and its growth rate has reached 616.23%.

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< p > < strong > need to find growth in performance can be expected to date < /strong > < /p >

< p > generally speaking, if the net operating cash flow of a company far exceeds the net profit, it often means that the company has a strong ability to obtain cash, and the company's future performance growth will be greatly protected.

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< p > according to the statistics of reporters, the operating net cash flow of the ten companies, including Sheng Nong development, Haimei technology, Daqing Huke, *ST Qingqi, upwind high tech, hypergraph software, Anne shares, Qingdao Binxing, Sino yuan Concorde and Huilong shares, exceeds the net profit margin among the listed companies.

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