AVIC Heavy Machinery Co Ltd (600765) — Cash Flow Quality Index
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 AVIC Heavy Machinery 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
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. For the full cash flow conversion analysis, see 600765 operating cash flow.
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.
| 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 | — |