Hes Technology Group (002963) — Cash Flow Quality Index
Hes Technology Group (002963) has a Cash Flow Quality Index of 9.25x as of September 2025. Operating cash flow of CN¥68.47 Million exceeds net income of CN¥7.40 Million, indicating high earnings quality where cash backs reported profits. Explore Hes Technology Group operating cash flow efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hes Technology Group Cash Flow Quality Index (2015–2023)
Historical Cash Flow Quality Index for Hes Technology Group across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 002963 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Hes Technology Group (2015–2023)
Year-by-year earnings quality comparison for Hes Technology Group. For live market cap and the full company financial profile, see Hes Technology Group (002963) total market value.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 7.86x | CN¥139.10 Million | CN¥17.70 Million | ▲ +57.2% |
| 2021 | 5.00x | CN¥66.41 Million | CN¥13.29 Million | ▲ +273.8% |
| 2020 | -2.88x | CN¥-122.94 Million | CN¥42.75 Million | ▼ -676.1% |
| 2019 | 0.50x | CN¥107.73 Million | CN¥215.82 Million | ▲ +75.3% |
| 2018 | 0.28x | CN¥48.65 Million | CN¥170.81 Million | ▲ +51.5% |
| 2017 | 0.19x | CN¥15.45 Million | CN¥82.23 Million | ▲ +102.9% |
| 2016 | -6.44x | CN¥-66.89 Million | CN¥10.39 Million | ▼ -970.1% |
| 2015 | 0.74x | CN¥16.22 Million | CN¥21.92 Million | — |