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

Latest as of December 2025: -0.13x

Suzhou Hengmingda Electronic Technology Co Ltd (002947) has a Cash Flow Quality Index of -0.13x as of December 2025. Operating cash flow of CN¥-15.62 Million is below net income of CN¥124.02 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Suzhou Hengmingda Electronic Technology debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.13x
Operating CF / Net Income

Operating Cash Flow

CN¥-15.62 Million
CNY

Net Income

CN¥124.02 Million
CNY

Data as of

Dec 2025
Most recent filing

Suzhou Hengmingda Electronic Technology Co Ltd Cash Flow Quality Index (2014–2025)

Historical Cash Flow Quality Index for Suzhou Hengmingda Electronic Technology Co Ltd across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 002947 cash flow metrics.

Annual Cash Flow Quality Index for Suzhou Hengmingda Electronic Technology Co Ltd (2014–2025)

Year-by-year earnings quality comparison for Suzhou Hengmingda Electronic Technology Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 1.32x CN¥700.27 Million CN¥531.92 Million ▲ +121.2%
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.