Shandong Minhe Animal Husbandry Co Ltd (002234) — Cash Flow Quality Index
Shandong Minhe Animal Husbandry Co Ltd (002234) has a Cash Flow Quality Index of 1.00x as of March 2023. Operating cash flow of CN¥56.86 Million exceeds net income of CN¥56.86 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Shandong Minhe Animal Husbandry 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 Minhe Animal Husbandry Co Ltd Cash Flow Quality Index (2005–2021)
Historical Cash Flow Quality Index for Shandong Minhe Animal Husbandry Co Ltd across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 002234 cash flow metrics.
Annual Cash Flow Quality Index for Shandong Minhe Animal Husbandry Co Ltd (2005–2021)
Year-by-year earnings quality comparison for Shandong Minhe Animal Husbandry Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2021 | 1.00x | CN¥42.67 Million | CN¥42.59 Million | ▼ -72.6% |
| 2020 | 3.65x | CN¥237.19 Million | CN¥64.96 Million | ▲ +238.3% |
| 2019 | 1.08x | CN¥1.74 Billion | CN¥1.61 Billion | ▼ -7.6% |
| 2018 | 1.17x | CN¥444.40 Million | CN¥380.44 Million | ▼ -36.7% |
| 2016 | 1.84x | CN¥283.65 Million | CN¥153.79 Million | ▲ +166.7% |
| 2014 | -2.76x | CN¥-173.33 Million | CN¥62.69 Million | ▼ -328.6% |
| 2011 | 1.21x | CN¥227.97 Million | CN¥188.47 Million | ▼ -48.4% |
| 2010 | 2.34x | CN¥115.71 Million | CN¥49.39 Million | ▲ +145.7% |
| 2008 | 0.95x | CN¥49.13 Million | CN¥51.52 Million | ▲ +12.2% |
| 2007 | 0.85x | CN¥75.74 Million | CN¥89.11 Million | ▼ -10.6% |
| 2006 | 0.95x | CN¥39.53 Million | CN¥41.60 Million | ▼ -49.2% |
| 2005 | 1.87x | CN¥70.35 Million | CN¥37.60 Million | — |