Suzhou Hengmingda Electronic Technology Co Ltd (002947) — Cash Flow Quality Index

Latest as of September 2025: 0.76x

Suzhou Hengmingda Electronic Technology Co Ltd (002947) has a Cash Flow Quality Index of 0.76x as of September 2025. Operating cash flow of CN¥131.98 Million is below net income of CN¥173.58 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Suzhou Hengmingda Electronic Technology total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

0.76x
Operating CF / Net Income

Operating Cash Flow

CN¥131.98 Million
CNY

Net Income

CN¥173.58 Million
CNY

Data as of

Sep 2025
Most recent filing

Suzhou Hengmingda Electronic Technology Co Ltd Cash Flow Quality Index (2014–2024)

Historical Cash Flow Quality Index for Suzhou Hengmingda Electronic Technology Co Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 002947 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Suzhou Hengmingda Electronic Technology Co Ltd (2014–2024)

Year-by-year earnings quality comparison for Suzhou Hengmingda Electronic Technology Co Ltd. For live market cap and the full company financial profile, see 002947 market cap.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 0.60x CN¥271.24 Million CN¥455.80 Million ▼ -37.3%
2023 0.95x CN¥267.18 Million CN¥281.39 Million ▲ +78.3%
2022 0.53x CN¥102.58 Million CN¥192.62 Million ▲ +135.5%
2021 -1.50x CN¥-44.80 Million CN¥29.83 Million ▼ -210.5%
2020 1.36x CN¥142.96 Million CN¥105.13 Million ▲ +32.5%
2019 1.03x CN¥170.19 Million CN¥165.82 Million ▼ -1.4%
2018 1.04x CN¥131.21 Million CN¥126.01 Million ▲ +11.6%
2017 0.93x CN¥92.27 Million CN¥98.93 Million ▲ +881.3%
2016 0.10x CN¥6.31 Million CN¥66.42 Million ▼ -93.7%
2015 1.51x CN¥96.00 Million CN¥63.53 Million ▲ +165.0%
2014 0.57x CN¥46.24 Million CN¥81.07 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.