Shenzhen Zhongheng Huafa Co Ltd Class A (000020) — Cash Flow Quality Index

Latest as of June 2025: -1.69x

Shenzhen Zhongheng Huafa Co Ltd Class A (000020) has a Cash Flow Quality Index of -1.69x as of June 2025. Operating cash flow of CN¥-14.23 Million is below net income of CN¥8.42 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Shenzhen Zhongheng Huafa Co Ltd Class A debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-1.69x
Operating CF / Net Income

Operating Cash Flow

CN¥-14.23 Million
CNY

Net Income

CN¥8.42 Million
CNY

Data as of

Jun 2025
Most recent filing

Shenzhen Zhongheng Huafa Co Ltd Class A Cash Flow Quality Index (1999–2024)

Historical Cash Flow Quality Index for Shenzhen Zhongheng Huafa Co Ltd Class A across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 000020 cash flow metrics.

Annual Cash Flow Quality Index for Shenzhen Zhongheng Huafa Co Ltd Class A (1999–2024)

Year-by-year earnings quality comparison for Shenzhen Zhongheng Huafa Co Ltd Class A.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 2.97x CN¥109.14 Million CN¥36.74 Million ▼ -65.5%
2023 8.62x CN¥115.04 Million CN¥13.34 Million ▲ +6.0%
2022 8.14x CN¥82.39 Million CN¥10.13 Million ▲ +575.4%
2021 -1.71x CN¥-12.32 Million CN¥7.20 Million ▼ -119.6%
2020 8.74x CN¥59.72 Million CN¥6.83 Million ▼ -35.9%
2019 13.64x CN¥74.46 Million CN¥5.46 Million ▲ +305.2%
2018 -6.64x CN¥-21.89 Million CN¥3.30 Million ▼ -155.2%
2017 12.03x CN¥11.72 Million CN¥974.41K ▲ +451.3%
2016 -3.43x CN¥-18.69 Million CN¥5.46 Million ▼ -122.0%
2014 15.54x CN¥119.49 Million CN¥7.69 Million ▲ +173.6%
2012 5.68x CN¥18.42 Million CN¥3.24 Million ▲ +22.4%
2011 4.64x CN¥48.17 Million CN¥10.37 Million ▼ -25.0%
2010 6.19x CN¥56.80 Million CN¥9.18 Million ▲ +125.8%
2009 -23.98x CN¥-99.64 Million CN¥4.15 Million ▼ -875.0%
2008 -2.46x CN¥-18.62 Million CN¥7.57 Million ▼ -465.7%
2007 0.67x CN¥14.84 Million CN¥22.07 Million ▼ -83.8%
2005 4.16x CN¥27.58 Million CN¥6.62 Million ▲ +225.6%
2002 1.28x CN¥6.86 Million CN¥5.36 Million ▼ -90.3%
2001 13.13x CN¥39.99 Million CN¥3.05 Million ▲ +736.1%
2000 1.57x CN¥4.52 Million CN¥2.88 Million ▼ -51.0%
1999 3.21x CN¥31.02 Million CN¥9.67 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.