Hailun Piano Co Ltd (300329) — Cash Flow Quality Index

Latest as of September 2024: -1.62x

Hailun Piano Co Ltd (300329) has a Cash Flow Quality Index of -1.62x as of September 2024. Operating cash flow of CN¥-4.63 Million is below net income of CN¥2.86 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 300329 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-1.62x
Operating CF / Net Income

Operating Cash Flow

CN¥-4.63 Million
CNY

Net Income

CN¥2.86 Million
CNY

Data as of

Sep 2024
Most recent filing

Hailun Piano Co Ltd Cash Flow Quality Index (2007–2022)

Historical Cash Flow Quality Index for Hailun Piano Co Ltd across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 300329 operating cash flow.

Annual Cash Flow Quality Index for Hailun Piano Co Ltd (2007–2022)

Year-by-year earnings quality comparison for Hailun Piano Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 -9.11x CN¥-75.83 Million CN¥8.32 Million ▼ -5779.2%
2020 0.16x CN¥5.03 Million CN¥31.36 Million ▲ +119.5%
2019 -0.82x CN¥-42.42 Million CN¥51.58 Million ▼ -189.7%
2018 0.92x CN¥50.28 Million CN¥54.84 Million ▼ -41.2%
2017 1.56x CN¥63.79 Million CN¥40.90 Million ▲ +23.1%
2016 1.27x CN¥42.02 Million CN¥33.16 Million ▼ -14.1%
2015 1.48x CN¥46.15 Million CN¥31.29 Million ▲ +644.1%
2014 0.20x CN¥5.16 Million CN¥26.03 Million ▼ -77.1%
2013 0.87x CN¥28.43 Million CN¥32.77 Million ▲ +290.4%
2012 0.22x CN¥6.94 Million CN¥31.22 Million ▼ -72.5%
2011 0.81x CN¥29.39 Million CN¥36.42 Million ▼ -21.8%
2010 1.03x CN¥36.54 Million CN¥35.43 Million ▼ -61.9%
2009 2.71x CN¥71.06 Million CN¥26.24 Million ▲ +453.0%
2008 -0.77x CN¥-12.79 Million CN¥16.68 Million ▼ -200.1%
2007 0.77x CN¥12.04 Million CN¥15.72 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.