Shanxi Huayang New Material Co Ltd (600281) — Cash Flow Quality Index

Latest as of March 2025: -0.43x

Shanxi Huayang New Material Co Ltd (600281) has a Cash Flow Quality Index of -0.43x as of March 2025. Operating cash flow of CN¥-42.22 Million is below net income of CN¥98.82 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Shanxi Huayang New Material Co Ltd (600281) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.43x
Operating CF / Net Income

Operating Cash Flow

CN¥-42.22 Million
CNY

Net Income

CN¥98.82 Million
CNY

Data as of

Mar 2025
Most recent filing

Shanxi Huayang New Material Co Ltd Cash Flow Quality Index (1999–2020)

Historical Cash Flow Quality Index for Shanxi Huayang New Material Co Ltd across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Shanxi Huayang New Material Co Ltd cash flow conversion.

Annual Cash Flow Quality Index for Shanxi Huayang New Material Co Ltd (1999–2020)

Year-by-year earnings quality comparison for Shanxi Huayang New Material Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2020 1.95x CN¥81.13 Million CN¥41.60 Million ▲ +148.5%
2019 -4.02x CN¥-193.99 Million CN¥48.27 Million ▲ +12.7%
2017 -4.60x CN¥-34.43 Million CN¥7.48 Million ▼ -14.2%
2016 -4.03x CN¥-135.49 Million CN¥33.61 Million ▲ +29.4%
2014 -5.71x CN¥-121.08 Million CN¥21.20 Million ▼ -485.0%
2012 -0.98x CN¥-18.36 Million CN¥18.80 Million ▼ -108.4%
2011 11.64x CN¥187.76 Million CN¥16.13 Million ▼ -14.5%
2008 13.62x CN¥240.50 Million CN¥17.65 Million ▲ +243.5%
2007 3.97x CN¥250.06 Million CN¥63.05 Million ▲ +344.1%
2006 0.89x CN¥38.35 Million CN¥42.94 Million ▼ -69.6%
2005 2.94x CN¥150.23 Million CN¥51.14 Million ▼ -24.9%
2004 3.91x CN¥193.49 Million CN¥49.43 Million ▲ +1225.2%
2003 0.30x CN¥9.14 Million CN¥30.95 Million ▲ +115.9%
2002 -1.86x CN¥-44.56 Million CN¥23.94 Million ▼ -184.2%
2001 2.21x CN¥91.68 Million CN¥41.49 Million ▲ +263.8%
2000 -1.35x CN¥-64.37 Million CN¥47.70 Million ▼ -755.2%
1999 0.21x CN¥7.61 Million CN¥36.96 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.