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 000021 long-term investments to assets to see how much of total assets are deployed in long-term investments.
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 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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 market value of Shenzhen Kaifa Technology Co Ltd.
| 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 | — |