Hefei Taihe Optoelectronic (603656) — Cash Flow Quality Index

Latest as of September 2025: 3.76x

Hefei Taihe Optoelectronic (603656) has a Cash Flow Quality Index of 3.76x as of September 2025. Operating cash flow of CN¥68.45 Million exceeds net income of CN¥18.20 Million, indicating high earnings quality where cash backs reported profits. Also explore how large is Hefei Taihe Optoelectronic's balance sheet for the complete picture of this company's asset base.

Cash Flow Quality Index

3.76x
Operating CF / Net Income

Operating Cash Flow

CN¥68.45 Million
CNY

Net Income

CN¥18.20 Million
CNY

Data as of

Sep 2025
Most recent filing

Hefei Taihe Optoelectronic Cash Flow Quality Index (2012–2024)

Historical Cash Flow Quality Index for Hefei Taihe Optoelectronic across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 603656 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Hefei Taihe Optoelectronic (2012–2024)

Year-by-year earnings quality comparison for Hefei Taihe Optoelectronic. For live market cap and the full company financial profile, see Hefei Taihe Optoelectronic market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 5.14x CN¥104.41 Million CN¥20.32 Million ▲ +333.1%
2023 1.19x CN¥13.41 Million CN¥11.31 Million ▼ -61.1%
2022 3.05x CN¥58.35 Million CN¥19.13 Million ▲ +1116.1%
2021 -0.30x CN¥-10.61 Million CN¥35.34 Million ▼ -148.5%
2020 0.62x CN¥25.11 Million CN¥40.57 Million ▼ -11.3%
2019 0.70x CN¥42.31 Million CN¥60.63 Million ▲ +15.5%
2018 0.60x CN¥48.58 Million CN¥80.39 Million ▼ -39.5%
2017 1.00x CN¥87.42 Million CN¥87.46 Million ▲ +1.7%
2016 0.98x CN¥82.26 Million CN¥83.66 Million ▲ +0.3%
2015 0.98x CN¥73.67 Million CN¥75.13 Million ▲ +26.0%
2014 0.78x CN¥56.57 Million CN¥72.70 Million ▼ -14.1%
2013 0.91x CN¥53.58 Million CN¥59.15 Million ▼ 0.0%
2012 0.91x CN¥36.09 Million CN¥39.83 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.