Heilongjiang Agriculture Co Ltd (600598) — Cash Flow Quality Index
Heilongjiang Agriculture Co Ltd (600598) has a Cash Flow Quality Index of -1.89x as of September 2025. Operating cash flow of CN¥-704.28 Million is below net income of CN¥372.36 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Heilongjiang Agriculture Co Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Heilongjiang Agriculture Co Ltd Cash Flow Quality Index (2000–2025)
Historical Cash Flow Quality Index for Heilongjiang Agriculture Co Ltd across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Heilongjiang Agriculture Co Ltd.
Annual Cash Flow Quality Index for Heilongjiang Agriculture Co Ltd (2000–2025)
Year-by-year earnings quality comparison for Heilongjiang Agriculture Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.16x | CN¥1.36 Billion | CN¥1.17 Billion | ▼ -15.3% |
| 2024 | 1.37x | CN¥1.49 Billion | CN¥1.09 Billion | ▼ -3.4% |
| 2023 | 1.42x | CN¥1.51 Billion | CN¥1.06 Billion | ▲ +7.0% |
| 2022 | 1.33x | CN¥1.26 Billion | CN¥946.30 Million | ▼ -24.1% |
| 2021 | 1.75x | CN¥1.23 Billion | CN¥699.09 Million | ▲ +43.3% |
| 2020 | 1.22x | CN¥1.19 Billion | CN¥971.64 Million | ▲ +25.3% |
| 2019 | 0.98x | CN¥814.17 Million | CN¥833.57 Million | ▼ -32.0% |
| 2018 | 1.44x | CN¥1.31 Billion | CN¥915.30 Million | ▲ +29.8% |
| 2017 | 1.11x | CN¥843.12 Million | CN¥762.50 Million | ▼ -50.9% |
| 2016 | 2.25x | CN¥1.61 Billion | CN¥713.58 Million | ▲ +80.5% |
| 2015 | 1.25x | CN¥775.78 Million | CN¥621.82 Million | ▼ -52.8% |
| 2014 | 2.64x | CN¥1.91 Billion | CN¥722.56 Million | ▼ -46.6% |
| 2011 | 4.95x | CN¥2.10 Billion | CN¥423.50 Million | ▲ +187.8% |
| 2010 | -5.63x | CN¥-1.96 Billion | CN¥347.58 Million | ▼ -96.1% |
| 2009 | -2.87x | CN¥-934.50 Million | CN¥325.21 Million | ▼ -274.3% |
| 2008 | 1.65x | CN¥909.75 Million | CN¥551.73 Million | ▼ -9.6% |
| 2007 | 1.82x | CN¥987.81 Million | CN¥541.43 Million | ▲ +3.7% |
| 2006 | 1.76x | CN¥944.01 Million | CN¥536.80 Million | ▲ +643.9% |
| 2005 | -0.32x | CN¥-159.47 Million | CN¥493.24 Million | ▼ -161.3% |
| 2004 | 0.53x | CN¥236.08 Million | CN¥447.56 Million | ▼ -63.7% |
| 2003 | 1.45x | CN¥556.51 Million | CN¥383.43 Million | ▲ +137.6% |
| 2002 | 0.61x | CN¥232.56 Million | CN¥380.64 Million | ▲ +3.6% |
| 2001 | 0.59x | CN¥214.85 Million | CN¥364.28 Million | ▲ +108.6% |
| 2000 | 0.28x | CN¥88.90 Million | CN¥314.48 Million | — |