Hefei Changqing Machinery Co Ltd (603768) — Cash Flow Quality Index

Latest as of March 2025: -41.68x

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. Also explore balance sheet size of Hefei Changqing Machinery Co Ltd for the complete picture of this company's asset base.

Cash Flow Quality Index

-41.68x
Operating CF / Net Income

Operating Cash Flow

CN¥-255.63 Million
CNY

Net Income

CN¥6.13 Million
CNY

Data as of

Mar 2025
Most recent filing

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. Check Hefei Changqing Machinery Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

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. For live market cap and the full company financial profile, see Hefei Changqing Machinery Co Ltd (603768) total market value.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.