Hong Ri Da Technology Co. Ltd. A (301285) — Cash Flow Quality Index

Latest as of December 2023: 2.81x

Hong Ri Da Technology Co. Ltd. A (301285) has a Cash Flow Quality Index of 2.81x as of December 2023. Operating cash flow of CN¥87.07 Million exceeds net income of CN¥31.00 Million, indicating high earnings quality where cash backs reported profits. Explore 301285 cash flow metrics to assess how effectively this company generates cash.

Cash Flow Quality Index

2.81x
Operating CF / Net Income

Operating Cash Flow

CN¥87.07 Million
CNY

Net Income

CN¥31.00 Million
CNY

Data as of

Dec 2023
Most recent filing

Hong Ri Da Technology Co. Ltd. A Cash Flow Quality Index (2019–2023)

Historical Cash Flow Quality Index for Hong Ri Da Technology Co. Ltd. A across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check cash flow reinvestment rate of Hong Ri Da Technology Co. Ltd. A to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Hong Ri Da Technology Co. Ltd. A (2019–2023)

Year-by-year earnings quality comparison for Hong Ri Da Technology Co. Ltd. A. For live market cap and the full company financial profile, see 301285 company net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 2.81x CN¥87.07 Million CN¥31.00 Million ▲ +436.0%
2022 0.52x CN¥25.84 Million CN¥49.32 Million ▼ -51.2%
2021 1.07x CN¥67.31 Million CN¥62.62 Million ▲ +326.5%
2020 -0.47x CN¥-28.56 Million CN¥60.18 Million ▼ -131.1%
2019 1.53x CN¥57.67 Million CN¥37.75 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.