Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) — Cash Flow Quality Index
Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) has a Cash Flow Quality Index of -2.00x as of June 2025. Operating cash flow of CN¥-48.27 Million is below net income of CN¥24.10 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how much of Shanxi Lanhua Sci-Tech Venture Co Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shanxi Lanhua Sci-Tech Venture Co Ltd Cash Flow Quality Index (1998–2024)
Historical Cash Flow Quality Index for Shanxi Lanhua Sci-Tech Venture Co Ltd across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 600123 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Shanxi Lanhua Sci-Tech Venture Co Ltd (1998–2024)
Year-by-year earnings quality comparison for Shanxi Lanhua Sci-Tech Venture Co Ltd. For live market cap and the full company financial profile, see market cap of Shanxi Lanhua Sci-Tech Venture Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 4.00x | CN¥1.90 Billion | CN¥475.73 Million | ▲ +245.3% |
| 2023 | 1.16x | CN¥2.67 Billion | CN¥2.31 Billion | ▼ -33.0% |
| 2022 | 1.73x | CN¥5.70 Billion | CN¥3.30 Billion | ▲ +5.4% |
| 2021 | 1.64x | CN¥3.29 Billion | CN¥2.00 Billion | ▼ -39.7% |
| 2020 | 2.72x | CN¥684.39 Million | CN¥251.44 Million | ▲ +73.1% |
| 2019 | 1.57x | CN¥832.16 Million | CN¥529.34 Million | ▼ -33.9% |
| 2018 | 2.38x | CN¥2.19 Billion | CN¥922.03 Million | ▲ +10.0% |
| 2017 | 2.16x | CN¥1.34 Billion | CN¥619.20 Million | ▲ +587.7% |
| 2013 | -0.44x | CN¥-388.82 Million | CN¥876.33 Million | ▼ -172.9% |
| 2012 | 0.61x | CN¥1.02 Billion | CN¥1.68 Billion | ▼ -18.8% |
| 2011 | 0.75x | CN¥1.17 Billion | CN¥1.57 Billion | ▼ -28.3% |
| 2010 | 1.05x | CN¥1.29 Billion | CN¥1.24 Billion | ▲ +20.0% |
| 2009 | 0.87x | CN¥1.06 Billion | CN¥1.21 Billion | ▼ -24.3% |
| 2008 | 1.15x | CN¥1.59 Billion | CN¥1.38 Billion | ▼ -5.4% |
| 2007 | 1.22x | CN¥705.25 Million | CN¥579.35 Million | ▼ -30.4% |
| 2006 | 1.75x | CN¥977.73 Million | CN¥558.62 Million | ▲ +12.6% |
| 2005 | 1.55x | CN¥661.47 Million | CN¥425.45 Million | ▼ -33.4% |
| 2004 | 2.33x | CN¥653.16 Million | CN¥279.76 Million | ▲ +113.9% |
| 2003 | 1.09x | CN¥187.21 Million | CN¥171.50 Million | ▼ -49.6% |
| 2002 | 2.16x | CN¥178.30 Million | CN¥82.36 Million | ▼ -70.7% |
| 2001 | 7.39x | CN¥292.80 Million | CN¥39.61 Million | ▼ -55.4% |
| 2000 | 16.57x | CN¥136.96 Million | CN¥8.27 Million | ▲ +2431.2% |
| 1999 | -0.71x | CN¥-49.03 Million | CN¥69.00 Million | ▼ -160.2% |
| 1998 | 1.18x | CN¥65.65 Million | CN¥55.59 Million | — |