Hangzhou Heshun Technology Co.LTD. (301237) — Cash Flow Quality Index

Latest as of December 2023: -0.40x

Hangzhou Heshun Technology Co.LTD. (301237) has a Cash Flow Quality Index of -0.40x as of December 2023. Operating cash flow of CN¥-5.83 Million is below net income of CN¥14.64 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore 301237 current and non-current assets for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.40x
Operating CF / Net Income

Operating Cash Flow

CN¥-5.83 Million
CNY

Net Income

CN¥14.64 Million
CNY

Data as of

Dec 2023
Most recent filing

Hangzhou Heshun Technology Co.LTD. Cash Flow Quality Index (2019–2023)

Historical Cash Flow Quality Index for Hangzhou Heshun Technology Co.LTD. across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 301237 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Hangzhou Heshun Technology Co.LTD. (2019–2023)

Year-by-year earnings quality comparison for Hangzhou Heshun Technology Co.LTD.. For live market cap and the full company financial profile, see Hangzhou Heshun Technology Co.LTD. (301237) market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 -0.40x CN¥-5.83 Million CN¥14.64 Million ▼ -141.5%
2022 0.96x CN¥62.65 Million CN¥65.35 Million ▲ +41.5%
2021 0.68x CN¥83.80 Million CN¥123.70 Million ▼ -0.4%
2020 0.68x CN¥50.46 Million CN¥74.17 Million ▼ -23.6%
2019 0.89x CN¥31.93 Million CN¥35.86 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.