China First Heavy Industries (601106) — Cash Flow Quality Index

Latest as of September 2025: 18.14x

China First Heavy Industries (601106) has a Cash Flow Quality Index of 18.14x as of September 2025. Operating cash flow of CN¥490.58 Million exceeds net income of CN¥27.04 Million, indicating high earnings quality where cash backs reported profits. Explore 601106 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

18.14x
Operating CF / Net Income

Operating Cash Flow

CN¥490.58 Million
CNY

Net Income

CN¥27.04 Million
CNY

Data as of

Sep 2025
Most recent filing

China First Heavy Industries Cash Flow Quality Index (2008–2022)

Historical Cash Flow Quality Index for China First Heavy Industries across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 601106 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for China First Heavy Industries (2008–2022)

Year-by-year earnings quality comparison for China First Heavy Industries. For live market cap and the full company financial profile, see market cap of China First Heavy Industries.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 -12.22x CN¥-1.26 Billion CN¥103.35 Million ▼ -339.1%
2021 5.11x CN¥682.17 Million CN¥133.48 Million ▼ -2.7%
2020 5.25x CN¥690.49 Million CN¥131.50 Million ▼ -64.9%
2019 14.94x CN¥1.92 Billion CN¥128.37 Million ▲ +44.1%
2018 10.37x CN¥684.44 Million CN¥66.01 Million ▼ -20.3%
2017 13.02x CN¥983.43 Million CN¥75.55 Million ▲ +110.9%
2014 -118.94x CN¥-2.29 Billion CN¥19.29 Million ▼ -210.6%
2013 107.52x CN¥1.48 Billion CN¥13.81 Million ▲ +252.2%
2012 -70.62x CN¥-1.87 Billion CN¥26.54 Million ▼ -1757.4%
2011 -3.80x CN¥-1.64 Billion CN¥432.43 Million ▼ -78.2%
2010 -2.13x CN¥-1.71 Billion CN¥800.44 Million ▼ -43.4%
2009 -1.49x CN¥-1.76 Billion CN¥1.18 Billion ▼ -30.3%
2008 -1.14x CN¥-1.14 Billion CN¥999.37 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.