Hengtong Logistic Co Ltd (603223) — Cash Flow Quality Index

Latest as of September 2025: -4.16x

Hengtong Logistic Co Ltd (603223) has a Cash Flow Quality Index of -4.16x as of September 2025. Operating cash flow of CN¥-318.66 Million is below net income of CN¥76.57 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 603223 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-4.16x
Operating CF / Net Income

Operating Cash Flow

CN¥-318.66 Million
CNY

Net Income

CN¥76.57 Million
CNY

Data as of

Sep 2025
Most recent filing

Hengtong Logistic Co Ltd Cash Flow Quality Index (2009–2025)

Historical Cash Flow Quality Index for Hengtong Logistic Co Ltd across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 603223 operating cash flow.

Annual Cash Flow Quality Index for Hengtong Logistic Co Ltd (2009–2025)

Year-by-year earnings quality comparison for Hengtong Logistic Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 1.71x CN¥456.18 Million CN¥266.20 Million ▲ +0.6%
2024 1.70x CN¥261.90 Million CN¥153.82 Million ▼ -61.5%
2023 4.43x CN¥520.43 Million CN¥117.55 Million ▲ +770.2%
2022 -0.66x CN¥-67.49 Million CN¥102.16 Million ▼ -137.8%
2021 1.75x CN¥199.36 Million CN¥114.12 Million ▼ -8.6%
2020 1.91x CN¥306.28 Million CN¥160.21 Million ▼ -43.1%
2019 3.36x CN¥46.91 Million CN¥13.97 Million ▲ +1784.8%
2018 -0.20x CN¥-12.43 Million CN¥62.35 Million ▼ -107.6%
2017 2.61x CN¥218.85 Million CN¥83.95 Million ▲ +90.2%
2016 1.37x CN¥95.06 Million CN¥69.34 Million ▼ -55.6%
2015 3.09x CN¥149.32 Million CN¥48.40 Million ▲ +44.5%
2014 2.14x CN¥104.52 Million CN¥48.94 Million ▲ +50.2%
2013 1.42x CN¥77.02 Million CN¥54.17 Million ▼ -26.8%
2012 1.94x CN¥107.36 Million CN¥55.29 Million ▲ +48.9%
2011 1.30x CN¥65.99 Million CN¥50.61 Million ▲ +107.3%
2010 0.63x CN¥26.67 Million CN¥42.39 Million ▲ +83.6%
2009 0.34x CN¥7.89 Million CN¥23.02 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.