Shandong Xinhua Pharmaceutical Co Ltd (000756) — Cash Flow Quality Index

Latest as of September 2023: 0.46x

Shandong Xinhua Pharmaceutical Co Ltd (000756) has a Cash Flow Quality Index of 0.46x as of September 2023. Operating cash flow of CN¥56.11 Million is below net income of CN¥122.16 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore long-term investment intensity of Shandong Xinhua Pharmaceutical Co Ltd to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.46x
Operating CF / Net Income

Operating Cash Flow

CN¥56.11 Million
CNY

Net Income

CN¥122.16 Million
CNY

Data as of

Sep 2023
Most recent filing

Shandong Xinhua Pharmaceutical Co Ltd Cash Flow Quality Index (2015–2024)

Historical Cash Flow Quality Index for Shandong Xinhua Pharmaceutical Co Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Shandong Xinhua Pharmaceutical Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shandong Xinhua Pharmaceutical Co Ltd (2015–2024)

Year-by-year earnings quality comparison for Shandong Xinhua Pharmaceutical Co Ltd. For live market cap and the full company financial profile, see Shandong Xinhua Pharmaceutical Co Ltd (000756) market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 0.78x CN¥367.61 Million CN¥470.02 Million ▲ +46.4%
2023 0.53x CN¥265.28 Million CN¥496.51 Million ▼ -71.0%
2022 1.84x CN¥758.24 Million CN¥411.19 Million ▲ +148.0%
2021 0.74x CN¥259.12 Million CN¥348.55 Million ▼ -42.5%
2020 1.29x CN¥420.19 Million CN¥324.86 Million ▲ +11.4%
2019 1.16x CN¥348.27 Million CN¥299.97 Million ▼ -8.5%
2018 1.27x CN¥323.91 Million CN¥255.31 Million ▼ -31.8%
2017 1.86x CN¥389.97 Million CN¥209.59 Million ▼ -48.2%
2016 3.59x CN¥439.35 Million CN¥122.27 Million ▼ -14.4%
2015 4.20x CN¥348.64 Million CN¥83.06 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.