Hangcha Group Co Ltd (603298) — Cash Flow Quality Index

Latest as of September 2025: 0.53x

Hangcha Group Co Ltd (603298) has a Cash Flow Quality Index of 0.53x as of September 2025. Operating cash flow of CN¥337.83 Million is below net income of CN¥631.54 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Hangcha Group Co Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.53x
Operating CF / Net Income

Operating Cash Flow

CN¥337.83 Million
CNY

Net Income

CN¥631.54 Million
CNY

Data as of

Sep 2025
Most recent filing

Hangcha Group Co Ltd Cash Flow Quality Index (2011–2025)

Historical Cash Flow Quality Index for Hangcha Group Co Ltd across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Hangcha Group Co Ltd.

Annual Cash Flow Quality Index for Hangcha Group Co Ltd (2011–2025)

Year-by-year earnings quality comparison for Hangcha Group Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 0.77x CN¥1.68 Billion CN¥2.19 Billion ▲ +24.2%
2024 0.62x CN¥1.34 Billion CN¥2.16 Billion ▼ -30.0%
2023 0.88x CN¥1.62 Billion CN¥1.83 Billion ▲ +51.8%
2022 0.58x CN¥625.48 Million CN¥1.07 Billion ▲ +3535.6%
2021 0.02x CN¥15.88 Million CN¥991.11 Million ▼ -98.4%
2020 0.98x CN¥913.51 Million CN¥927.80 Million ▼ -23.1%
2019 1.28x CN¥914.89 Million CN¥714.38 Million ▲ +81.6%
2018 0.71x CN¥431.73 Million CN¥612.14 Million ▼ -28.8%
2017 0.99x CN¥518.62 Million CN¥523.56 Million ▲ +17.9%
2016 0.84x CN¥379.71 Million CN¥451.93 Million ▼ -44.9%
2015 1.53x CN¥606.14 Million CN¥397.31 Million ▲ +28.2%
2014 1.19x CN¥517.92 Million CN¥435.08 Million ▲ +8.6%
2013 1.10x CN¥366.34 Million CN¥334.34 Million ▲ +46.0%
2012 0.75x CN¥186.55 Million CN¥248.59 Million ▲ +17.6%
2011 0.64x CN¥146.23 Million CN¥229.06 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.