Hangzhou Shenhao Technology Co Ltd (300853) — Cash Flow Quality Index

Latest as of March 2023: -1.12x

Hangzhou Shenhao Technology Co Ltd (300853) has a Cash Flow Quality Index of -1.12x as of March 2023. Operating cash flow of CN¥-63.58 Million is below net income of CN¥57.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Hangzhou Shenhao Technology Co Ltd asset portfolio for the complete picture of this company's asset base.

Cash Flow Quality Index

-1.12x
Operating CF / Net Income

Operating Cash Flow

CN¥-63.58 Million
CNY

Net Income

CN¥57.00 Million
CNY

Data as of

Mar 2023
Most recent filing

Hangzhou Shenhao Technology Co Ltd Cash Flow Quality Index (2013–2021)

Historical Cash Flow Quality Index for Hangzhou Shenhao Technology Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 300853 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Hangzhou Shenhao Technology Co Ltd (2013–2021)

Year-by-year earnings quality comparison for Hangzhou Shenhao Technology Co Ltd. For live market cap and the full company financial profile, see Hangzhou Shenhao Technology Co Ltd market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2021 -0.34x CN¥-60.72 Million CN¥180.07 Million ▼ -43.8%
2020 -0.23x CN¥-38.00 Million CN¥162.12 Million ▼ -212.4%
2019 0.21x CN¥23.57 Million CN¥113.06 Million ▼ -29.2%
2018 0.29x CN¥27.43 Million CN¥93.06 Million ▼ -63.8%
2017 0.81x CN¥53.22 Million CN¥65.32 Million ▼ -37.1%
2016 1.29x CN¥60.31 Million CN¥46.59 Million ▼ -21.5%
2015 1.65x CN¥36.44 Million CN¥22.08 Million ▲ +215.6%
2014 -1.43x CN¥-15.98 Million CN¥11.19 Million ▼ -167.3%
2013 2.12x CN¥31.73 Million CN¥14.97 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.