Shandong Donghong Pipe Ind Co (603856) — Cash Flow Quality Index

Latest as of September 2025: 0.81x

Shandong Donghong Pipe Ind Co (603856) has a Cash Flow Quality Index of 0.81x as of September 2025. Operating cash flow of CN¥58.10 Million is below net income of CN¥72.13 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Shandong Donghong Pipe Ind Co balance sheet assets for the complete picture of this company's asset base.

Cash Flow Quality Index

0.81x
Operating CF / Net Income

Operating Cash Flow

CN¥58.10 Million
CNY

Net Income

CN¥72.13 Million
CNY

Data as of

Sep 2025
Most recent filing

Shandong Donghong Pipe Ind Co Cash Flow Quality Index (2012–2024)

Historical Cash Flow Quality Index for Shandong Donghong Pipe Ind Co across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 603856 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shandong Donghong Pipe Ind Co (2012–2024)

Year-by-year earnings quality comparison for Shandong Donghong Pipe Ind Co. For live market cap and the full company financial profile, see Shandong Donghong Pipe Ind Co stock valuation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 0.56x CN¥94.46 Million CN¥169.24 Million ▼ -51.5%
2023 1.15x CN¥191.76 Million CN¥166.78 Million ▲ +878.7%
2022 0.12x CN¥17.57 Million CN¥149.53 Million ▲ +107.8%
2021 -1.51x CN¥-200.95 Million CN¥133.04 Million ▼ -1675.5%
2020 -0.09x CN¥-27.10 Million CN¥318.50 Million ▼ -116.8%
2019 0.51x CN¥101.75 Million CN¥201.39 Million ▲ +13.5%
2018 0.45x CN¥68.79 Million CN¥154.49 Million ▲ +135.9%
2017 -1.24x CN¥-150.67 Million CN¥121.54 Million ▼ -174.0%
2016 1.67x CN¥162.97 Million CN¥97.35 Million ▲ +51.2%
2015 1.11x CN¥110.85 Million CN¥100.11 Million ▲ +634.9%
2014 -0.21x CN¥-18.13 Million CN¥87.57 Million ▼ -402.2%
2013 0.07x CN¥9.56 Million CN¥139.62 Million ▲ +103.4%
2012 -2.04x CN¥-208.22 Million CN¥102.28 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.