Hengerda New Materials (Fujian) Co. Ltd. (300946) — Cash Flow Quality Index
Hengerda New Materials (Fujian) Co. Ltd. (300946) has a Cash Flow Quality Index of 0.77x as of December 2024. Operating cash flow of CN¥67.11 Million is below net income of CN¥87.31 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Hengerda New Materials (Fujian) Co. Ltd. (300946) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hengerda New Materials (Fujian) Co. Ltd. Cash Flow Quality Index (2019–2024)
Historical Cash Flow Quality Index for Hengerda New Materials (Fujian) Co. Ltd. across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 300946 operating cash flow.
Annual Cash Flow Quality Index for Hengerda New Materials (Fujian) Co. Ltd. (2019–2024)
Year-by-year earnings quality comparison for Hengerda New Materials (Fujian) Co. Ltd..
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.77x | CN¥67.11 Million | CN¥87.31 Million | ▼ -4.0% |
| 2023 | 0.80x | CN¥69.87 Million | CN¥87.29 Million | ▲ +288.6% |
| 2022 | 0.21x | CN¥19.62 Million | CN¥95.24 Million | ▼ -67.3% |
| 2021 | 0.63x | CN¥67.75 Million | CN¥107.70 Million | ▼ -31.0% |
| 2020 | 0.91x | CN¥84.82 Million | CN¥93.04 Million | ▲ +42.4% |
| 2019 | 0.64x | CN¥46.11 Million | CN¥72.01 Million | — |