Hefei Changqing Machinery Co Ltd (603768) — Cash Flow Quality Index
Hefei Changqing Machinery Co Ltd (603768) has a Cash Flow Quality Index of -41.68x as of March 2025. Operating cash flow of CN¥-255.63 Million is below net income of CN¥6.13 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 603768 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hefei Changqing Machinery Co Ltd Cash Flow Quality Index (2012–2024)
Historical Cash Flow Quality Index for Hefei Changqing Machinery Co Ltd across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Hefei Changqing Machinery Co Ltd generate cash.
Annual Cash Flow Quality Index for Hefei Changqing Machinery Co Ltd (2012–2024)
Year-by-year earnings quality comparison for Hefei Changqing Machinery Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -0.05x | CN¥-3.17 Million | CN¥68.16 Million | ▲ +80.5% |
| 2023 | -0.24x | CN¥-31.35 Million | CN¥131.63 Million | ▲ +81.3% |
| 2022 | -1.27x | CN¥-122.38 Million | CN¥96.31 Million | ▼ -253.7% |
| 2021 | -0.36x | CN¥-21.34 Million | CN¥59.41 Million | ▼ -3802.3% |
| 2020 | -0.01x | CN¥-691.89K | CN¥75.17 Million | ▲ +99.9% |
| 2019 | -6.46x | CN¥-158.34 Million | CN¥24.52 Million | ▼ -3132.2% |
| 2018 | -0.20x | CN¥-15.64 Million | CN¥78.27 Million | ▼ -228.5% |
| 2017 | -0.06x | CN¥-7.74 Million | CN¥127.23 Million | ▼ -116.6% |
| 2016 | 0.37x | CN¥54.51 Million | CN¥148.37 Million | ▼ -72.3% |
| 2015 | 1.33x | CN¥102.31 Million | CN¥77.17 Million | ▼ -37.2% |
| 2014 | 2.11x | CN¥186.40 Million | CN¥88.31 Million | ▲ +747.4% |
| 2013 | -0.33x | CN¥-39.94 Million | CN¥122.49 Million | ▼ -166.0% |
| 2012 | 0.49x | CN¥45.57 Million | CN¥92.26 Million | — |