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 002946 cash flow conversion to assess how effectively this company generates cash.
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 cash flow reinvestment rate of New Hope Dairy Co Ltd to assess the company's total reinvestment commitment from operating cash flow.
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 market value of New Hope Dairy Co Ltd.
| 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 | — |