Hangzhou Zhongheng Electric Co Ltd (002364) — Cash Flow Quality Index

Latest as of September 2025: -0.45x

Hangzhou Zhongheng Electric Co Ltd (002364) has a Cash Flow Quality Index of -0.45x as of September 2025. Operating cash flow of CN¥-11.25 Million is below net income of CN¥25.09 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Hangzhou Zhongheng Electric Co Ltd to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.45x
Operating CF / Net Income

Operating Cash Flow

CN¥-11.25 Million
CNY

Net Income

CN¥25.09 Million
CNY

Data as of

Sep 2025
Most recent filing

Hangzhou Zhongheng Electric Co Ltd Cash Flow Quality Index (2006–2024)

Historical Cash Flow Quality Index for Hangzhou Zhongheng Electric Co Ltd across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Hangzhou Zhongheng Electric Co Ltd.

Annual Cash Flow Quality Index for Hangzhou Zhongheng Electric Co Ltd (2006–2024)

Year-by-year earnings quality comparison for Hangzhou Zhongheng Electric Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 4.14x CN¥468.47 Million CN¥113.08 Million ▼ -31.2%
2023 6.02x CN¥236.84 Million CN¥39.36 Million ▲ +4297.8%
2021 0.14x CN¥11.56 Million CN¥84.48 Million ▲ +351.6%
2020 -0.05x CN¥-4.33 Million CN¥79.61 Million ▼ -120.7%
2019 0.26x CN¥19.27 Million CN¥73.40 Million ▼ -80.2%
2018 1.32x CN¥93.96 Million CN¥71.05 Million ▲ +1559.8%
2017 0.08x CN¥4.69 Million CN¥58.90 Million ▼ -89.6%
2016 0.77x CN¥124.44 Million CN¥162.22 Million ▲ +537.0%
2015 0.12x CN¥17.67 Million CN¥146.78 Million ▲ +380.0%
2014 -0.04x CN¥-5.41 Million CN¥125.71 Million ▲ +53.5%
2013 -0.09x CN¥-8.22 Million CN¥88.95 Million ▼ -128.1%
2012 0.33x CN¥28.17 Million CN¥85.64 Million ▼ -66.2%
2011 0.97x CN¥46.57 Million CN¥47.81 Million ▲ +78.9%
2010 0.54x CN¥19.32 Million CN¥35.50 Million ▲ +307.9%
2009 -0.26x CN¥-10.76 Million CN¥41.08 Million ▼ -161.8%
2008 0.42x CN¥13.52 Million CN¥31.93 Million ▼ -77.4%
2007 1.88x CN¥56.28 Million CN¥30.01 Million ▲ +1152.3%
2006 0.15x CN¥2.27 Million CN¥15.13 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.