NINGBO HENGSHUAI Co. LTD. (300969) — Cash Flow Quality Index
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. Explore how well can NINGBO HENGSHUAI Co. LTD. service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see NINGBO HENGSHUAI Co. LTD. cash flow conversion.
Annual Cash Flow Quality Index for NINGBO HENGSHUAI Co. LTD. (2017–2024)
Year-by-year earnings quality comparison for 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 | — |