Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (000766) — Cash Flow Quality Index
Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (000766) has a Cash Flow Quality Index of -0.89x as of September 2025. Operating cash flow of CN¥-7.23 Million is below net income of CN¥8.16 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 000766 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Tonghua Golden-Horse Pharmaceutical Industry Co Ltd Cash Flow Quality Index (1998–2025)
Historical Cash Flow Quality Index for Tonghua Golden-Horse Pharmaceutical Industry Co Ltd across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Tonghua Golden-Horse Pharmaceutical Indu (000766) cash conversion ratio.
Annual Cash Flow Quality Index for Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (1998–2025)
Year-by-year earnings quality comparison for Tonghua Golden-Horse Pharmaceutical Industry Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.06x | CN¥105.05 Million | CN¥34.29 Million | ▲ +5.4% |
| 2024 | 2.91x | CN¥162.75 Million | CN¥55.98 Million | ▲ +13.3% |
| 2023 | 2.57x | CN¥112.78 Million | CN¥43.93 Million | ▼ -60.9% |
| 2022 | 6.57x | CN¥198.16 Million | CN¥30.15 Million | ▲ +67.6% |
| 2021 | 3.92x | CN¥138.33 Million | CN¥35.27 Million | ▲ +656.2% |
| 2018 | 0.52x | CN¥170.72 Million | CN¥329.22 Million | ▲ +404.3% |
| 2017 | 0.10x | CN¥26.43 Million | CN¥257.09 Million | ▼ -75.8% |
| 2016 | 0.42x | CN¥90.63 Million | CN¥213.46 Million | ▲ +101.8% |
| 2015 | -23.45x | CN¥-160.95 Million | CN¥6.86 Million | ▼ -453.0% |
| 2014 | 6.64x | CN¥34.32 Million | CN¥5.17 Million | ▼ -73.6% |
| 2013 | 25.16x | CN¥102.96 Million | CN¥4.09 Million | ▲ +1594.2% |
| 2012 | -1.68x | CN¥-6.49 Million | CN¥3.86 Million | ▼ -138.6% |
| 2011 | -0.71x | CN¥-7.93 Million | CN¥11.24 Million | ▼ -129.2% |
| 2010 | 2.42x | CN¥29.05 Million | CN¥12.02 Million | ▼ -9.9% |
| 2009 | 2.68x | CN¥79.94 Million | CN¥29.79 Million | ▲ +349.3% |
| 2008 | 0.60x | CN¥10.26 Million | CN¥17.18 Million | ▲ +13.0% |
| 2007 | 0.53x | CN¥9.95 Million | CN¥18.83 Million | ▲ +148.4% |
| 2006 | -1.09x | CN¥-18.02 Million | CN¥16.51 Million | ▼ -125.9% |
| 2005 | 4.22x | CN¥35.74 Million | CN¥8.48 Million | ▼ -3.4% |
| 2002 | 4.36x | CN¥72.70 Million | CN¥16.66 Million | ▲ +438.1% |
| 2000 | 0.81x | CN¥196.15 Million | CN¥241.91 Million | ▲ +182.3% |
| 1999 | -0.99x | CN¥-80.62 Million | CN¥81.79 Million | ▼ -30.5% |
| 1998 | -0.76x | CN¥-62.93 Million | CN¥83.31 Million | — |