H.K. CHINA GAS HD-25 ADR (HCGS) — Cash Flow Quality Index
H.K. CHINA GAS HD-25 ADR (HCGS) has a Cash Flow Quality Index of 1.85x as of December 2025. Operating cash flow of €10.53 Billion exceeds net income of €5.69 Billion, indicating high earnings quality where cash backs reported profits. Explore H.K. CHINA GAS HD-25 ADR (HCGS) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
H.K. CHINA GAS HD-25 ADR Cash Flow Quality Index (2021–2025)
Historical Cash Flow Quality Index for H.K. CHINA GAS HD-25 ADR across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see HCGS cash flow metrics.
Annual Cash Flow Quality Index for H.K. CHINA GAS HD-25 ADR (2021–2025)
Year-by-year earnings quality comparison for H.K. CHINA GAS HD-25 ADR.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.85x | €10.53 Billion | €5.69 Billion | ▲ +17.5% |
| 2024 | 1.58x | €9.00 Billion | €5.71 Billion | ▼ -12.5% |
| 2023 | 1.80x | €10.93 Billion | €6.07 Billion | ▼ -2.0% |
| 2022 | 1.84x | €9.64 Billion | €5.25 Billion | ▼ -11.9% |
| 2021 | 2.09x | €10.47 Billion | €5.02 Billion | — |