Shanghai Hongda New Material Co Ltd (002211) — Cash Flow Quality Index

Latest as of December 2022: 1.00x

Shanghai Hongda New Material Co Ltd (002211) has a Cash Flow Quality Index of 1.00x as of December 2022. Operating cash flow of CN¥63.76 Million exceeds net income of CN¥63.76 Million, indicating high earnings quality where cash backs reported profits. Explore Shanghai Hongda New Material Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.00x
Operating CF / Net Income

Operating Cash Flow

CN¥63.76 Million
CNY

Net Income

CN¥63.76 Million
CNY

Data as of

Dec 2022
Most recent filing

Shanghai Hongda New Material Co Ltd Cash Flow Quality Index (2005–2022)

Historical Cash Flow Quality Index for Shanghai Hongda New Material Co Ltd across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 002211 cash flow conversion.

Annual Cash Flow Quality Index for Shanghai Hongda New Material Co Ltd (2005–2022)

Year-by-year earnings quality comparison for Shanghai Hongda New Material Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 1.71x CN¥67.74 Million CN¥39.60 Million ▲ +126.8%
2020 -6.38x CN¥-336.07 Million CN¥52.70 Million ▼ -166.3%
2018 9.62x CN¥122.52 Million CN¥12.74 Million ▲ +108.0%
2017 4.62x CN¥111.10 Million CN¥24.03 Million ▼ -78.2%
2016 21.17x CN¥250.31 Million CN¥11.82 Million ▲ +256.9%
2014 5.93x CN¥83.30 Million CN¥14.05 Million ▼ -88.6%
2012 52.09x CN¥236.31 Million CN¥4.54 Million ▲ +5718.2%
2010 0.90x CN¥81.38 Million CN¥90.90 Million ▼ -62.6%
2009 2.40x CN¥96.12 Million CN¥40.13 Million ▲ +1521.5%
2008 0.15x CN¥6.91 Million CN¥46.77 Million ▼ -70.9%
2007 0.51x CN¥47.08 Million CN¥92.75 Million ▼ -47.6%
2006 0.97x CN¥54.78 Million CN¥56.52 Million ▼ -31.0%
2005 1.41x CN¥55.26 Million CN¥39.32 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.