Anhui Huaqi Environmental Protection Technology Co. Ltd. (300929) — Cash Flow Quality Index

Latest as of December 2023: 7.94x

Anhui Huaqi Environmental Protection Technology Co. Ltd. (300929) has a Cash Flow Quality Index of 7.94x as of December 2023. Operating cash flow of CN¥51.44 Million exceeds net income of CN¥6.48 Million, indicating high earnings quality where cash backs reported profits. Explore Anhui Huaqi Environmental Protection Tec (300929) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

7.94x
Operating CF / Net Income

Operating Cash Flow

CN¥51.44 Million
CNY

Net Income

CN¥6.48 Million
CNY

Data as of

Dec 2023
Most recent filing

Anhui Huaqi Environmental Protection Technology Co. Ltd. Cash Flow Quality Index (2019–2023)

Historical Cash Flow Quality Index for Anhui Huaqi Environmental Protection Technology Co. Ltd. across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 300929 cash generation efficiency.

Annual Cash Flow Quality Index for Anhui Huaqi Environmental Protection Technology Co. Ltd. (2019–2023)

Year-by-year earnings quality comparison for Anhui Huaqi Environmental Protection Technology Co. Ltd..

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 7.94x CN¥51.44 Million CN¥6.48 Million ▲ +513.6%
2022 1.29x CN¥56.74 Million CN¥43.87 Million ▲ +242.6%
2021 -0.91x CN¥-66.50 Million CN¥73.32 Million ▼ -38.9%
2020 -0.65x CN¥-47.38 Million CN¥72.56 Million ▼ -147.0%
2019 1.39x CN¥98.67 Million CN¥71.02 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.