Hubei Zhenhua Chemical Co Ltd (603067) — Cash Flow Quality Index

Latest as of June 2023: 0.49x

Hubei Zhenhua Chemical Co Ltd (603067) has a Cash Flow Quality Index of 0.49x as of June 2023. Operating cash flow of CN¥44.82 Million is below net income of CN¥91.56 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Hubei Zhenhua Chemical Co Ltd (603067) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.49x
Operating CF / Net Income

Operating Cash Flow

CN¥44.82 Million
CNY

Net Income

CN¥91.56 Million
CNY

Data as of

Jun 2023
Most recent filing

Hubei Zhenhua Chemical Co Ltd Cash Flow Quality Index (2015–2024)

Historical Cash Flow Quality Index for Hubei Zhenhua Chemical Co Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Hubei Zhenhua Chemical Co Ltd generate cash.

Annual Cash Flow Quality Index for Hubei Zhenhua Chemical Co Ltd (2015–2024)

Year-by-year earnings quality comparison for Hubei Zhenhua Chemical Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 0.71x CN¥333.43 Million CN¥472.88 Million ▼ -34.0%
2023 1.07x CN¥396.31 Million CN¥370.81 Million ▼ -9.2%
2022 1.18x CN¥490.98 Million CN¥416.97 Million ▼ -10.3%
2021 1.31x CN¥407.94 Million CN¥310.67 Million ▲ +2904.7%
2020 0.04x CN¥6.55 Million CN¥149.84 Million ▼ -97.1%
2019 1.48x CN¥203.36 Million CN¥136.97 Million ▲ +166.8%
2018 0.56x CN¥81.35 Million CN¥146.17 Million ▲ +430.5%
2017 -0.17x CN¥-16.86 Million CN¥100.13 Million ▼ -112.4%
2016 1.35x CN¥107.94 Million CN¥79.66 Million ▲ +34.0%
2015 1.01x CN¥63.21 Million CN¥62.49 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.