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 Shandong Minhe Animal Husbandry Co Ltd strategic investment ratio to see how much of total assets are deployed in long-term investments.
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. Check how tangible is Shandong Minhe Animal Husbandry Co Ltd's equity to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company financial profile, see Shandong Minhe Animal Husbandry Co Ltd market capitalisation.
| 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 | — |