Hong Ri Da Technology Co. Ltd. A (301285) — Cash Flow Quality Index
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. Also explore Hong Ri Da Technology Co. Ltd. A assets under control for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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 how tangible is Hong Ri Da Technology Co. Ltd. A's equity to evaluate the tangible quality of the company's equity base.
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 Hong Ri Da Technology Co. Ltd. A stock valuation.
| 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 | — |