Shandong Dawn Polymer Co Ltd (002838) — Cash Flow Quality Index

Latest as of September 2025: -2.37x

Shandong Dawn Polymer Co Ltd (002838) has a Cash Flow Quality Index of -2.37x as of September 2025. Operating cash flow of CN¥-110.47 Million is below net income of CN¥46.55 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Shandong Dawn Polymer Co Ltd to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-2.37x
Operating CF / Net Income

Operating Cash Flow

CN¥-110.47 Million
CNY

Net Income

CN¥46.55 Million
CNY

Data as of

Sep 2025
Most recent filing

Shandong Dawn Polymer Co Ltd Cash Flow Quality Index (2009–2025)

Historical Cash Flow Quality Index for Shandong Dawn Polymer Co Ltd across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Shandong Dawn Polymer Co Ltd.

Annual Cash Flow Quality Index for Shandong Dawn Polymer Co Ltd (2009–2025)

Year-by-year earnings quality comparison for Shandong Dawn Polymer Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 -0.40x CN¥-75.78 Million CN¥188.90 Million ▲ +79.8%
2024 -1.98x CN¥-301.47 Million CN¥152.01 Million ▼ -619.4%
2023 -0.28x CN¥-42.76 Million CN¥155.12 Million ▼ -17.4%
2022 -0.23x CN¥-39.05 Million CN¥166.31 Million ▲ +64.6%
2021 -0.66x CN¥-163.98 Million CN¥247.18 Million ▼ -167.0%
2020 0.99x CN¥860.07 Million CN¥869.15 Million ▼ -6.4%
2019 1.06x CN¥187.85 Million CN¥177.70 Million ▲ +332.3%
2018 0.24x CN¥30.43 Million CN¥124.43 Million ▼ -30.3%
2017 0.35x CN¥33.59 Million CN¥95.74 Million ▼ -36.0%
2016 0.55x CN¥44.67 Million CN¥81.53 Million ▼ -24.5%
2015 0.73x CN¥45.52 Million CN¥62.71 Million ▼ -26.1%
2014 0.98x CN¥48.35 Million CN¥49.24 Million ▲ +1362.7%
2013 0.07x CN¥3.13 Million CN¥46.65 Million ▼ -93.9%
2012 1.10x CN¥40.60 Million CN¥36.89 Million ▲ +22.3%
2011 0.90x CN¥34.95 Million CN¥38.83 Million ▲ +67.4%
2010 0.54x CN¥16.40 Million CN¥30.52 Million ▲ +268.7%
2009 0.15x CN¥2.14 Million CN¥14.67 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.