Huali Industries (603038) — Cash Flow Quality Index
Huali Industries (603038) has a Cash Flow Quality Index of -0.26x as of September 2025. Operating cash flow of CN¥-7.39 Million is below net income of CN¥28.70 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Huali Industries asset portfolio for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Huali Industries Cash Flow Quality Index (2011–2024)
Historical Cash Flow Quality Index for Huali Industries across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 603038 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Huali Industries (2011–2024)
Year-by-year earnings quality comparison for Huali Industries. For live market cap and the full company financial profile, see market value of Huali Industries.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 7.36x | CN¥297.54 Million | CN¥40.41 Million | ▲ +30.8% |
| 2023 | 5.63x | CN¥114.41 Million | CN¥20.32 Million | ▼ -59.8% |
| 2022 | 14.00x | CN¥161.00 Million | CN¥11.50 Million | ▲ +3042.5% |
| 2021 | -0.48x | CN¥-10.12 Million | CN¥21.25 Million | ▼ -143.2% |
| 2020 | 1.10x | CN¥38.36 Million | CN¥34.83 Million | ▼ -15.2% |
| 2019 | 1.30x | CN¥120.41 Million | CN¥92.75 Million | ▼ -1.6% |
| 2018 | 1.32x | CN¥109.36 Million | CN¥82.90 Million | ▲ +84.0% |
| 2017 | 0.72x | CN¥65.16 Million | CN¥90.90 Million | ▼ -19.4% |
| 2016 | 0.89x | CN¥88.07 Million | CN¥98.99 Million | ▼ -52.2% |
| 2015 | 1.86x | CN¥129.85 Million | CN¥69.78 Million | ▲ +168.3% |
| 2014 | 0.69x | CN¥49.50 Million | CN¥71.37 Million | ▲ +1.5% |
| 2013 | 0.68x | CN¥46.52 Million | CN¥68.10 Million | ▼ -40.4% |
| 2012 | 1.15x | CN¥67.74 Million | CN¥59.13 Million | ▼ -9.2% |
| 2011 | 1.26x | CN¥64.69 Million | CN¥51.28 Million | — |