Jiangsu Hengxing New Material (603276) — Cash Flow Quality Index
Jiangsu Hengxing New Material (603276) has a Cash Flow Quality Index of 1.93x as of September 2025. Operating cash flow of CN¥21.92 Million exceeds net income of CN¥11.36 Million, indicating high earnings quality where cash backs reported profits. Explore Jiangsu Hengxing New Material (603276) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Jiangsu Hengxing New Material Cash Flow Quality Index (2017–2025)
Historical Cash Flow Quality Index for Jiangsu Hengxing New Material across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 603276 operating cash flow.
Annual Cash Flow Quality Index for Jiangsu Hengxing New Material (2017–2025)
Year-by-year earnings quality comparison for Jiangsu Hengxing New Material.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.76x | CN¥105.49 Million | CN¥60.03 Million | ▲ +68.7% |
| 2024 | 1.04x | CN¥36.30 Million | CN¥34.85 Million | ▲ +147.7% |
| 2023 | 0.42x | CN¥32.83 Million | CN¥78.08 Million | ▼ -79.0% |
| 2022 | 2.00x | CN¥186.84 Million | CN¥93.28 Million | ▲ +606.3% |
| 2021 | 0.28x | CN¥25.45 Million | CN¥89.72 Million | ▼ -59.6% |
| 2020 | 0.70x | CN¥87.50 Million | CN¥124.64 Million | ▼ -41.1% |
| 2019 | 1.19x | CN¥123.30 Million | CN¥103.38 Million | ▲ +1.6% |
| 2018 | 1.17x | CN¥86.50 Million | CN¥73.67 Million | ▲ +1.2% |
| 2017 | 1.16x | CN¥56.18 Million | CN¥48.43 Million | — |