Zhejiang Hengwei Battery Co. Ltd. (301222) — Cash Flow Quality Index
Zhejiang Hengwei Battery Co. Ltd. (301222) has a Cash Flow Quality Index of 0.64x as of December 2024. Operating cash flow of CN¥83.61 Million is below net income of CN¥129.67 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 301222 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Zhejiang Hengwei Battery Co. Ltd. Cash Flow Quality Index (2019–2024)
Historical Cash Flow Quality Index for Zhejiang Hengwei Battery Co. Ltd. across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Zhejiang Hengwei Battery Co. Ltd. cash conversion from operations.
Annual Cash Flow Quality Index for Zhejiang Hengwei Battery Co. Ltd. (2019–2024)
Year-by-year earnings quality comparison for Zhejiang Hengwei Battery Co. Ltd..
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.64x | CN¥83.61 Million | CN¥129.67 Million | ▼ -39.0% |
| 2023 | 1.06x | CN¥128.63 Million | CN¥121.66 Million | ▲ +13.6% |
| 2022 | 0.93x | CN¥114.25 Million | CN¥122.73 Million | ▲ +30.2% |
| 2021 | 0.72x | CN¥64.14 Million | CN¥89.67 Million | ▼ -26.4% |
| 2020 | 0.97x | CN¥93.13 Million | CN¥95.84 Million | ▼ -4.4% |
| 2019 | 1.02x | CN¥65.91 Million | CN¥64.85 Million | — |