Shandong Xinhua Pharmaceutical Co Ltd (000756) — Cash Flow Quality Index
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 how well can Shandong Xinhua Pharmaceutical Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see Shandong Xinhua Pharmaceutical Co Ltd cash flow conversion.
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.
| 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 | — |