Hes Technology Group Cash Flow Quality Index

Latest as of September 2025: 9.25x

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

9.25x
Operating CF / Net Income

Operating Cash Flow

CN¥68.47 Million
CNY

Net Income

CN¥7.40 Million
CNY

Data as of

Sep 2025
Most recent filing

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 —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.