Guangdong Haomei New Material Co Lt (002988) — Cash Flow Quality Index

Latest as of September 2025: 0.87x

Guangdong Haomei New Material Co Lt (002988) has a Cash Flow Quality Index of 0.87x as of September 2025. Operating cash flow of CN¥44.97 Million is below net income of CN¥51.41 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Guangdong Haomei New Material Co Lt (002988) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.87x
Operating CF / Net Income

Operating Cash Flow

CN¥44.97 Million
CNY

Net Income

CN¥51.41 Million
CNY

Data as of

Sep 2025
Most recent filing

Guangdong Haomei New Material Co Lt Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for Guangdong Haomei New Material Co Lt across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Guangdong Haomei New Material Co Lt.

Annual Cash Flow Quality Index for Guangdong Haomei New Material Co Lt (2016–2024)

Year-by-year earnings quality comparison for Guangdong Haomei New Material Co Lt.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.05x CN¥219.64 Million CN¥208.87 Million ▼ -29.5%
2023 1.49x CN¥270.33 Million CN¥181.30 Million ▲ +161.7%
2021 -2.42x CN¥-332.82 Million CN¥137.74 Million ▼ -1481.4%
2020 0.17x CN¥20.28 Million CN¥115.93 Million ▼ -78.7%
2019 0.82x CN¥137.27 Million CN¥167.36 Million ▼ -38.3%
2018 1.33x CN¥125.30 Million CN¥94.34 Million ▲ +9.8%
2017 1.21x CN¥136.30 Million CN¥112.69 Million ▼ -35.0%
2016 1.86x CN¥168.64 Million CN¥90.64 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.