Hes Technology Group Cash Flow Quality Index
Hes Technology Group 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. See 002963 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Hes Technology Group (2015–2023)
Cash flow quality index of Hes Technology Group from 2015 to 2023. Historical Cash Flow Quality Index for Hes Technology Group across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Hes Technology Group (002963) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Hes Technology Group Cash Flow Quality Index by Year (2015–2023)
Hes Technology Group cash flow quality index by year from 2015 to 2023. Year-by-year earnings quality comparison for Hes Technology Group. For the full cash flow conversion analysis, see cash efficiency ratio of Hes Technology Group.
| 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 | — |