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. Explore 603038 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see Huali Industries (603038) cash conversion ratio.
Annual Cash Flow Quality Index for Huali Industries (2011–2024)
Year-by-year earnings quality comparison for 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 | — |