Shenzhen Zhongheng Huafa Co Ltd Class B (200020) — Cash Flow Quality Index

Latest as of June 2025: -1.69x

Shenzhen Zhongheng Huafa Co Ltd Class B (200020) has a Cash Flow Quality Index of -1.69x as of June 2025. Operating cash flow of HK$-14.23 Million is below net income of HK$8.42 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 200020 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-1.69x
Operating CF / Net Income

Operating Cash Flow

HK$-14.23 Million
HKD

Net Income

HK$8.42 Million
HKD

Data as of

Jun 2025
Most recent filing

Shenzhen Zhongheng Huafa Co Ltd Class B Cash Flow Quality Index (1999–2024)

Historical Cash Flow Quality Index for Shenzhen Zhongheng Huafa Co Ltd Class B across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Shenzhen Zhongheng Huafa Co Ltd Class B cash flow conversion.

Annual Cash Flow Quality Index for Shenzhen Zhongheng Huafa Co Ltd Class B (1999–2024)

Year-by-year earnings quality comparison for Shenzhen Zhongheng Huafa Co Ltd Class B.

Year Quality Index Operating CF (HKD) Net Income YoY Change
2024 2.97x HK$109.14 Million HK$36.74 Million ▼ -65.5%
2023 8.62x HK$115.04 Million HK$13.34 Million ▲ +6.0%
2022 8.14x HK$82.39 Million HK$10.13 Million ▲ +575.4%
2021 -1.71x HK$-12.32 Million HK$7.20 Million ▼ -119.6%
2020 8.74x HK$59.72 Million HK$6.83 Million ▼ -35.9%
2019 13.64x HK$74.46 Million HK$5.46 Million ▲ +305.2%
2018 -6.64x HK$-21.89 Million HK$3.30 Million ▼ -155.2%
2017 12.03x HK$11.72 Million HK$974.41K ▲ +451.3%
2016 -3.43x HK$-18.69 Million HK$5.46 Million ▼ -122.0%
2014 15.54x HK$119.49 Million HK$7.69 Million ▲ +173.6%
2012 5.68x HK$18.42 Million HK$3.24 Million ▲ +22.4%
2011 4.64x HK$48.17 Million HK$10.37 Million ▼ -25.0%
2010 6.19x HK$56.80 Million HK$9.18 Million ▲ +125.8%
2009 -23.98x HK$-99.64 Million HK$4.15 Million ▼ -875.0%
2008 -2.46x HK$-18.62 Million HK$7.57 Million ▼ -465.7%
2007 0.67x HK$14.84 Million HK$22.07 Million ▼ -83.8%
2005 4.16x HK$27.58 Million HK$6.62 Million ▲ +225.6%
2002 1.28x HK$6.86 Million HK$5.36 Million ▼ -90.3%
2001 13.13x HK$39.99 Million HK$3.05 Million ▲ +736.1%
2000 1.57x HK$4.52 Million HK$2.88 Million ▼ -51.0%
1999 3.21x HK$31.02 Million HK$9.67 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.