Hengbao Co Ltd (002104) — Cash Flow Quality Index
Hengbao Co Ltd (002104) has a Cash Flow Quality Index of 11.98x as of September 2025. Operating cash flow of CN¥23.28 Million exceeds net income of CN¥1.94 Million, indicating high earnings quality where cash backs reported profits. Explore 002104 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
Hengbao Co Ltd Cash Flow Quality Index (2003–2025)
Historical Cash Flow Quality Index for Hengbao Co Ltd across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Hengbao Co Ltd generate cash.
Annual Cash Flow Quality Index for Hengbao Co Ltd (2003–2025)
Year-by-year earnings quality comparison for Hengbao Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.17x | CN¥186.40 Million | CN¥58.74 Million | ▲ +38.2% |
| 2024 | 2.30x | CN¥218.12 Million | CN¥95.02 Million | ▲ +69.5% |
| 2023 | 1.35x | CN¥213.41 Million | CN¥157.58 Million | ▲ +164.4% |
| 2022 | -2.10x | CN¥-172.28 Million | CN¥81.91 Million | ▼ -279.1% |
| 2021 | 1.17x | CN¥62.32 Million | CN¥53.08 Million | ▲ +329.9% |
| 2019 | -0.51x | CN¥-44.45 Million | CN¥87.03 Million | ▼ -112.8% |
| 2018 | 3.98x | CN¥588.24 Million | CN¥147.63 Million | ▲ +252.1% |
| 2017 | -2.62x | CN¥-429.87 Million | CN¥164.12 Million | ▼ -231.3% |
| 2016 | 1.99x | CN¥304.69 Million | CN¥152.76 Million | ▲ +284.2% |
| 2015 | 0.52x | CN¥194.24 Million | CN¥374.17 Million | ▼ -63.8% |
| 2014 | 1.43x | CN¥419.22 Million | CN¥292.19 Million | ▲ +28.7% |
| 2013 | 1.11x | CN¥223.86 Million | CN¥200.79 Million | ▼ -42.8% |
| 2012 | 1.95x | CN¥247.84 Million | CN¥127.04 Million | ▲ +124.4% |
| 2011 | 0.87x | CN¥100.13 Million | CN¥115.20 Million | ▼ -35.3% |
| 2010 | 1.34x | CN¥140.04 Million | CN¥104.20 Million | ▲ +58.2% |
| 2009 | 0.85x | CN¥79.72 Million | CN¥93.82 Million | ▲ +490.7% |
| 2008 | -0.22x | CN¥-16.63 Million | CN¥76.46 Million | ▼ -121.0% |
| 2007 | 1.04x | CN¥65.95 Million | CN¥63.58 Million | ▼ -43.8% |
| 2006 | 1.85x | CN¥77.85 Million | CN¥42.15 Million | ▲ +74.3% |
| 2005 | 1.06x | CN¥46.45 Million | CN¥43.83 Million | ▼ -26.6% |
| 2004 | 1.44x | CN¥52.94 Million | CN¥36.66 Million | ▼ -81.1% |
| 2003 | 7.64x | CN¥21.29 Million | CN¥2.79 Million | — |