Hongfa Technology Co Ltd (600885) — Cash Flow Quality Index
Hongfa Technology Co Ltd (600885) has a Cash Flow Quality Index of 1.51x as of September 2025. Operating cash flow of CN¥762.14 Million exceeds net income of CN¥505.62 Million, indicating high earnings quality where cash backs reported profits. Explore Hongfa Technology 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
Hongfa Technology Co Ltd Cash Flow Quality Index (1999–2025)
Historical Cash Flow Quality Index for Hongfa Technology Co Ltd across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 600885 operating cash flow.
Annual Cash Flow Quality Index for Hongfa Technology Co Ltd (1999–2025)
Year-by-year earnings quality comparison for Hongfa Technology Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.69x | CN¥2.97 Billion | CN¥1.76 Billion | ▲ +63.5% |
| 2024 | 1.03x | CN¥2.23 Billion | CN¥2.16 Billion | ▼ -25.5% |
| 2023 | 1.39x | CN¥2.66 Billion | CN¥1.92 Billion | ▲ +46.9% |
| 2022 | 0.94x | CN¥1.59 Billion | CN¥1.69 Billion | ▲ +50.4% |
| 2021 | 0.63x | CN¥911.84 Million | CN¥1.45 Billion | ▼ -1.5% |
| 2020 | 0.64x | CN¥719.59 Million | CN¥1.13 Billion | ▼ -63.4% |
| 2019 | 1.74x | CN¥1.68 Billion | CN¥964.24 Million | ▲ +102.3% |
| 2018 | 0.86x | CN¥827.47 Million | CN¥960.33 Million | ▲ +26.9% |
| 2017 | 0.68x | CN¥650.31 Million | CN¥957.67 Million | ▲ +10.7% |
| 2016 | 0.61x | CN¥497.71 Million | CN¥811.02 Million | ▼ -46.6% |
| 2015 | 1.15x | CN¥758.18 Million | CN¥660.21 Million | ▲ +93.2% |
| 2014 | 0.59x | CN¥351.69 Million | CN¥591.58 Million | ▼ -39.1% |
| 2013 | 0.98x | CN¥460.69 Million | CN¥472.18 Million | ▲ +17.5% |
| 2012 | 0.83x | CN¥330.63 Million | CN¥398.17 Million | ▼ -91.4% |
| 2010 | 9.62x | CN¥74.30 Million | CN¥7.72 Million | ▲ +132.7% |
| 2007 | 4.14x | CN¥39.16 Million | CN¥9.47 Million | ▼ -89.6% |
| 2005 | 39.90x | CN¥64.06 Million | CN¥1.61 Million | ▲ +5404.1% |
| 2004 | 0.72x | CN¥1.68 Million | CN¥2.31 Million | ▼ -90.6% |
| 2003 | 7.74x | CN¥75.78 Million | CN¥9.79 Million | ▲ +210.4% |
| 2002 | 2.49x | CN¥42.90 Million | CN¥17.20 Million | ▲ +92.8% |
| 2001 | 1.29x | CN¥5.42 Million | CN¥4.19 Million | ▲ +117.1% |
| 1999 | -7.56x | CN¥-12.64 Million | CN¥1.67 Million | — |