Shandong Minhe Animal Husbandry Co Ltd (002234) — Cash Flow Quality Index

Latest as of March 2023: 1.00x

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 cash efficiency ratio of Shandong Minhe Animal Husbandry Co Ltd to assess how effectively this company generates cash.

Cash Flow Quality Index

1.00x
Operating CF / Net Income

Operating Cash Flow

CN¥56.86 Million
CNY

Net Income

CN¥56.86 Million
CNY

Data as of

Mar 2023
Most recent filing

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 002234 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

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 (002234) total market value.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.