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. Also explore Hes Technology Group balance sheet assets for the complete picture of this company's asset base.
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 tangible equity quality of Hes Technology Group to evaluate the tangible quality of the company's equity base.
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 002963 market cap overview.
| 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 | — |