AVIC Heavy Machinery Co Ltd (600765) — Cash Flow Quality Index

Latest as of September 2025: -1.94x

AVIC Heavy Machinery Co Ltd (600765) has a Cash Flow Quality Index of -1.94x as of September 2025. Operating cash flow of CN¥-239.75 Million is below net income of CN¥123.71 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore investment intensity of AVIC Heavy Machinery Co Ltd to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-1.94x
Operating CF / Net Income

Operating Cash Flow

CN¥-239.75 Million
CNY

Net Income

CN¥123.71 Million
CNY

Data as of

Sep 2025
Most recent filing

AVIC Heavy Machinery Co Ltd Cash Flow Quality Index (1998–2025)

Historical Cash Flow Quality Index for AVIC Heavy Machinery Co Ltd across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 600765 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for AVIC Heavy Machinery Co Ltd (1998–2025)

Year-by-year earnings quality comparison for AVIC Heavy Machinery Co Ltd. For live market cap and the full company financial profile, see AVIC Heavy Machinery Co Ltd market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 -1.56x CN¥-1.17 Billion CN¥747.36 Million ▼ -1415.1%
2024 -0.10x CN¥-78.69 Million CN¥763.68 Million ▼ -123.1%
2023 0.45x CN¥593.62 Million CN¥1.33 Billion ▼ -23.2%
2022 0.58x CN¥774.38 Million CN¥1.33 Billion ▼ -62.9%
2021 1.57x CN¥1.52 Billion CN¥966.68 Million ▲ +1.6%
2020 1.54x CN¥658.44 Million CN¥426.21 Million ▼ -36.8%
2019 2.45x CN¥783.44 Million CN¥320.38 Million ▲ +45.4%
2018 1.68x CN¥384.84 Million CN¥228.84 Million ▼ -81.2%
2017 8.94x CN¥909.87 Million CN¥101.74 Million ▲ +1051.9%
2016 0.78x CN¥175.00 Million CN¥225.41 Million ▼ -31.0%
2014 1.13x CN¥144.29 Million CN¥128.23 Million ▼ -25.5%
2013 1.51x CN¥208.09 Million CN¥137.83 Million ▲ +394.4%
2012 -0.51x CN¥-125.78 Million CN¥245.24 Million ▲ +81.9%
2011 -2.84x CN¥-398.63 Million CN¥140.30 Million ▼ -2312.5%
2010 0.13x CN¥32.45 Million CN¥252.71 Million ▲ +123.2%
2009 -0.55x CN¥-146.12 Million CN¥263.99 Million ▼ -453.4%
2008 -0.10x CN¥-16.65 Million CN¥166.49 Million ▼ -111.3%
2007 0.88x CN¥99.32 Million CN¥112.43 Million ▼ -45.1%
2006 1.61x CN¥20.31 Million CN¥12.62 Million ▼ -30.1%
2005 2.30x CN¥20.50 Million CN¥8.90 Million ▲ +31.2%
2004 1.76x CN¥19.35 Million CN¥11.02 Million ▼ -64.6%
2003 4.96x CN¥25.66 Million CN¥5.18 Million ▼ -48.1%
2002 9.55x CN¥14.41 Million CN¥1.51 Million ▼ -21.0%
2001 12.09x CN¥13.86 Million CN¥1.15 Million ▼ -32.7%
2000 17.98x CN¥7.34 Million CN¥408.53K ▲ +1120.4%
1998 1.47x CN¥8.90 Million CN¥6.04 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.