Shandong Huapeng Glass Co Ltd (603021) — Cash Flow Quality Index

Latest as of December 2020: -0.20x

Shandong Huapeng Glass Co Ltd (603021) has a Cash Flow Quality Index of -0.20x as of December 2020. Operating cash flow of CN¥-9.13 Million is below net income of CN¥46.41 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Shandong Huapeng Glass Co Ltd long-term investment allocation to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-0.20x
Operating CF / Net Income

Operating Cash Flow

CN¥-9.13 Million
CNY

Net Income

CN¥46.41 Million
CNY

Data as of

Dec 2020
Most recent filing

Shandong Huapeng Glass Co Ltd Cash Flow Quality Index (2011–2020)

Historical Cash Flow Quality Index for Shandong Huapeng Glass Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 603021 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shandong Huapeng Glass Co Ltd (2011–2020)

Year-by-year earnings quality comparison for Shandong Huapeng Glass Co Ltd. For live market cap and the full company financial profile, see 603021 market cap.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2020 -0.67x CN¥-51.72 Million CN¥77.14 Million ▼ -109.9%
2018 6.77x CN¥75.99 Million CN¥11.22 Million ▲ +133.9%
2017 2.90x CN¥61.57 Million CN¥21.27 Million ▲ +37.6%
2016 2.10x CN¥109.77 Million CN¥52.18 Million ▲ +14.4%
2015 1.84x CN¥96.59 Million CN¥52.53 Million ▼ -6.5%
2014 1.97x CN¥123.24 Million CN¥62.67 Million ▼ -35.4%
2013 3.04x CN¥151.16 Million CN¥49.65 Million ▲ +79.2%
2012 1.70x CN¥83.40 Million CN¥49.09 Million ▲ +205.3%
2011 0.56x CN¥31.57 Million CN¥56.73 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.