Shenzhen Kaifa Technology Co Ltd (000021) — Cash Flow Quality Index
Shenzhen Kaifa Technology Co Ltd (000021) has a Cash Flow Quality Index of 2.10x as of September 2025. Operating cash flow of CN¥638.44 Million exceeds net income of CN¥303.91 Million, indicating high earnings quality where cash backs reported profits. Explore Shenzhen Kaifa Technology Co Ltd (000021) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shenzhen Kaifa Technology Co Ltd Cash Flow Quality Index (1998–2025)
Historical Cash Flow Quality Index for Shenzhen Kaifa Technology Co Ltd across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 000021 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Shenzhen Kaifa Technology Co Ltd (1998–2025)
Year-by-year earnings quality comparison for Shenzhen Kaifa Technology Co Ltd. For live market cap and the full company financial profile, see 000021 stock market capitalisation.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.55x | CN¥1.76 Billion | CN¥1.14 Billion | ▼ -30.4% |
| 2024 | 2.23x | CN¥2.43 Billion | CN¥1.09 Billion | ▼ -8.1% |
| 2023 | 2.43x | CN¥2.00 Billion | CN¥824.41 Million | ▲ +78.7% |
| 2022 | 1.36x | CN¥895.70 Million | CN¥659.05 Million | ▲ +21.5% |
| 2021 | 1.12x | CN¥867.61 Million | CN¥775.39 Million | ▼ -69.3% |
| 2020 | 3.64x | CN¥3.12 Billion | CN¥857.13 Million | ▲ +228.3% |
| 2019 | -2.84x | CN¥-1.00 Billion | CN¥352.30 Million | ▼ -487.6% |
| 2018 | 0.73x | CN¥420.77 Million | CN¥574.54 Million | ▼ -44.9% |
| 2017 | 1.33x | CN¥719.67 Million | CN¥541.30 Million | ▼ -20.0% |
| 2016 | 1.66x | CN¥356.54 Million | CN¥214.42 Million | ▼ -38.8% |
| 2015 | 2.71x | CN¥490.46 Million | CN¥180.66 Million | ▲ +539.9% |
| 2014 | -0.62x | CN¥-99.09 Million | CN¥160.56 Million | ▼ -121.8% |
| 2013 | 2.83x | CN¥448.85 Million | CN¥158.87 Million | ▼ -91.7% |
| 2012 | 34.06x | CN¥287.85 Million | CN¥8.45 Million | ▲ +4308.2% |
| 2011 | 0.77x | CN¥170.08 Million | CN¥220.14 Million | ▲ +140.6% |
| 2010 | 0.32x | CN¥114.43 Million | CN¥356.34 Million | ▼ -82.7% |
| 2009 | 1.86x | CN¥493.69 Million | CN¥265.94 Million | ▲ +73.6% |
| 2008 | 1.07x | CN¥338.52 Million | CN¥316.48 Million | ▲ +1124.9% |
| 2007 | -0.10x | CN¥-74.01 Million | CN¥709.20 Million | ▼ -105.0% |
| 2006 | 2.09x | CN¥712.39 Million | CN¥341.19 Million | ▲ +272.7% |
| 2005 | 0.56x | CN¥176.07 Million | CN¥314.29 Million | ▼ -77.7% |
| 2004 | 2.51x | CN¥571.80 Million | CN¥227.49 Million | ▼ -33.9% |
| 2003 | 3.80x | CN¥846.69 Million | CN¥222.62 Million | ▼ -9.7% |
| 2002 | 4.21x | CN¥255.04 Million | CN¥60.57 Million | ▲ +244.4% |
| 2000 | -2.91x | CN¥-439.52 Million | CN¥150.79 Million | ▼ -283.9% |
| 1999 | 1.58x | CN¥496.29 Million | CN¥313.19 Million | ▲ +116.4% |
| 1998 | 0.73x | CN¥331.24 Million | CN¥452.33 Million | — |