Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) — Cash Flow Quality Index

Latest as of December 2024: 1.54x

Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) has a Cash Flow Quality Index of 1.54x as of December 2024. Operating cash flow of CN¥401.22 Million exceeds net income of CN¥261.16 Million, indicating high earnings quality where cash backs reported profits. Explore Hangzhou Fortune Gas Cryogenic Group Co. debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.54x
Operating CF / Net Income

Operating Cash Flow

CN¥401.22 Million
CNY

Net Income

CN¥261.16 Million
CNY

Data as of

Dec 2024
Most recent filing

Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A Cash Flow Quality Index (2021–2024)

Historical Cash Flow Quality Index for Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 603173 cash flow conversion.

Annual Cash Flow Quality Index for Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (2021–2024)

Year-by-year earnings quality comparison for Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.54x CN¥401.22 Million CN¥261.16 Million ▼ -42.9%
2023 2.69x CN¥514.07 Million CN¥191.15 Million ▲ +1719.7%
2022 0.15x CN¥20.98 Million CN¥141.94 Million ▲ +11.4%
2021 0.13x CN¥21.26 Million CN¥160.17 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.