NINGBO HENGSHUAI Co. LTD. (300969) — Cash Flow Quality Index

Latest as of September 2025: 1.31x

NINGBO HENGSHUAI Co. LTD. (300969) has a Cash Flow Quality Index of 1.31x as of September 2025. Operating cash flow of CN¥58.24 Million exceeds net income of CN¥44.41 Million, indicating high earnings quality where cash backs reported profits. Also explore NINGBO HENGSHUAI Co. LTD. (300969) total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

1.31x
Operating CF / Net Income

Operating Cash Flow

CN¥58.24 Million
CNY

Net Income

CN¥44.41 Million
CNY

Data as of

Sep 2025
Most recent filing

NINGBO HENGSHUAI Co. LTD. Cash Flow Quality Index (2017–2024)

Historical Cash Flow Quality Index for NINGBO HENGSHUAI Co. LTD. across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 300969 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for NINGBO HENGSHUAI Co. LTD. (2017–2024)

Year-by-year earnings quality comparison for NINGBO HENGSHUAI Co. LTD.. For live market cap and the full company financial profile, see market value of NINGBO HENGSHUAI Co. LTD..

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.08x CN¥230.12 Million CN¥213.71 Million ▼ -15.0%
2023 1.27x CN¥255.91 Million CN¥202.10 Million ▲ +16.3%
2022 1.09x CN¥158.40 Million CN¥145.53 Million ▲ +86.0%
2021 0.59x CN¥67.66 Million CN¥115.60 Million ▼ -50.5%
2020 1.18x CN¥78.52 Million CN¥66.36 Million ▼ -9.8%
2019 1.31x CN¥85.60 Million CN¥65.23 Million ▼ -7.3%
2018 1.42x CN¥73.53 Million CN¥51.95 Million ▲ +39.2%
2017 1.02x CN¥59.11 Million CN¥58.12 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.