New Hope Dairy Co Ltd (002946) — Cash Flow Quality Index
New Hope Dairy Co Ltd (002946) has a Cash Flow Quality Index of 1.87x as of September 2025. Operating cash flow of CN¥423.16 Million exceeds net income of CN¥226.33 Million, indicating high earnings quality where cash backs reported profits. Explore investment intensity of New Hope Dairy Co Ltd 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
New Hope Dairy Co Ltd Cash Flow Quality Index (2014–2024)
Historical Cash Flow Quality Index for New Hope Dairy Co Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is New Hope Dairy Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for New Hope Dairy Co Ltd (2014–2024)
Year-by-year earnings quality comparison for New Hope Dairy Co Ltd. For live market cap and the full company financial profile, see 002946 market cap.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.71x | CN¥1.49 Billion | CN¥549.46 Million | ▼ -24.9% |
| 2023 | 3.61x | CN¥1.56 Billion | CN¥430.83 Million | ▲ +26.6% |
| 2022 | 2.85x | CN¥1.03 Billion | CN¥362.14 Million | ▼ -5.9% |
| 2021 | 3.03x | CN¥1.04 Billion | CN¥341.26 Million | ▲ +22.0% |
| 2020 | 2.49x | CN¥719.44 Million | CN¥289.43 Million | ▼ -1.6% |
| 2019 | 2.53x | CN¥635.01 Million | CN¥251.45 Million | ▲ +42.4% |
| 2018 | 1.77x | CN¥437.26 Million | CN¥246.62 Million | ▼ -16.6% |
| 2017 | 2.13x | CN¥459.08 Million | CN¥215.94 Million | ▼ -32.2% |
| 2016 | 3.14x | CN¥456.50 Million | CN¥145.56 Million | ▲ +104.7% |
| 2015 | 1.53x | CN¥454.68 Million | CN¥296.80 Million | ▼ -74.2% |
| 2014 | 5.95x | CN¥351.59 Million | CN¥59.11 Million | — |