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. Also explore how large is Shenzhen Zhongheng Huafa Co Ltd Class A's balance sheet for the complete picture of this company's asset base.

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. Check Shenzhen Zhongheng Huafa Co Ltd Class A (000020) tangible equity ratio to evaluate the tangible quality of the company's equity base.

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. For live market cap and the full company financial profile, see Shenzhen Zhongheng Huafa Co Ltd Class A (000020) total market value.

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.