Shenzhen Xinhao Photoelectricity Technology Co. Ltd (301051) — Cash Flow Quality Index
Shenzhen Xinhao Photoelectricity Technology Co. Ltd (301051) has a Cash Flow Quality Index of 3.12x as of December 2023. Operating cash flow of CN¥126.23 Million exceeds net income of CN¥40.50 Million, indicating high earnings quality where cash backs reported profits. Explore 301051 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shenzhen Xinhao Photoelectricity Technology Co. Ltd Cash Flow Quality Index (2019–2023)
Historical Cash Flow Quality Index for Shenzhen Xinhao Photoelectricity Technology Co. Ltd across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Shenzhen Xinhao Photoelectricity Technol.
Annual Cash Flow Quality Index for Shenzhen Xinhao Photoelectricity Technology Co. Ltd (2019–2023)
Year-by-year earnings quality comparison for Shenzhen Xinhao Photoelectricity Technology Co. Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 3.12x | CN¥126.23 Million | CN¥40.50 Million | ▲ +48.6% |
| 2021 | 2.10x | CN¥326.95 Million | CN¥155.83 Million | ▲ +304.5% |
| 2020 | 0.52x | CN¥113.51 Million | CN¥218.87 Million | ▼ -51.7% |
| 2019 | 1.07x | CN¥350.73 Million | CN¥326.50 Million | — |