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 cash flow to debt ratio of Shandong Huapeng Glass Co Ltd to assess how comfortably operating cash covers total debt obligations.

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. For the full cash flow conversion analysis, see Shandong Huapeng Glass Co Ltd cash conversion from operations.

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.

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.