Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd (300478) — Cash Flow Quality Index

Latest as of September 2023: -0.66x

Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd (300478) has a Cash Flow Quality Index of -0.66x as of September 2023. Operating cash flow of CN¥-35.07 Million is below net income of CN¥52.92 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 300478 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-0.66x
Operating CF / Net Income

Operating Cash Flow

CN¥-35.07 Million
CNY

Net Income

CN¥52.92 Million
CNY

Data as of

Sep 2023
Most recent filing

Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd Cash Flow Quality Index (2011–2023)

Historical Cash Flow Quality Index for Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Hangzhou Gaoxin Rubber & Plastic Materia's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd (2011–2023)

Year-by-year earnings quality comparison for Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd. For live market cap and the full company financial profile, see market cap of Hangzhou Gaoxin Rubber & Plastic Materia.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 -1.46x CN¥-34.61 Million CN¥23.65 Million ▲ +69.7%
2021 -4.83x CN¥-71.28 Million CN¥14.76 Million ▼ -96.0%
2018 -2.46x CN¥-50.80 Million CN¥20.62 Million ▼ -1013.8%
2017 0.27x CN¥11.41 Million CN¥42.33 Million ▼ -78.1%
2016 1.23x CN¥43.57 Million CN¥35.31 Million ▲ +1907.0%
2015 0.06x CN¥2.53 Million CN¥41.11 Million ▼ -78.0%
2014 0.28x CN¥12.90 Million CN¥46.15 Million ▲ +13.5%
2013 0.25x CN¥10.60 Million CN¥43.06 Million ▼ -37.7%
2012 0.40x CN¥15.04 Million CN¥38.02 Million ▼ -18.3%
2011 0.48x CN¥16.12 Million CN¥33.30 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.