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. Explore 301237 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

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. For the full cash flow conversion analysis, see Hangzhou Heshun Technology Co.LTD. cash flow conversion.

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..

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.