Hengyuan Refining Company Bhd (4324) — Cash Flow Quality Index
Hengyuan Refining Company Bhd (4324) has a Cash Flow Quality Index of 10.36x as of September 2025. Operating cash flow of RM217.90 Million exceeds net income of RM21.04 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Hengyuan Refining Company Bhd to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hengyuan Refining Company Bhd Cash Flow Quality Index (2015–2021)
Historical Cash Flow Quality Index for Hengyuan Refining Company Bhd across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Hengyuan Refining Company Bhd cash conversion from operations.
Annual Cash Flow Quality Index for Hengyuan Refining Company Bhd (2015–2021)
Year-by-year earnings quality comparison for Hengyuan Refining Company Bhd.
| Year | Quality Index | Operating CF (MYR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2021 | 1.75x | RM223.95 Million | RM127.70 Million | ▲ +3.1% |
| 2020 | 1.70x | RM434.76 Million | RM255.68 Million | ▼ -95.3% |
| 2019 | 35.99x | RM1.26 Billion | RM34.98 Million | ▲ +7247.5% |
| 2017 | 0.49x | RM476.81 Million | RM973.50 Million | ▲ +3279.3% |
| 2016 | -0.02x | RM-5.17 Million | RM335.27 Million | ▼ -100.7% |
| 2015 | 2.22x | RM783.50 Million | RM352.58 Million | — |