Ningbo Changhong Polymer Scientific & Technical Inc (605008) — Cash Flow Quality Index

Latest as of September 2025: -11.51x

Ningbo Changhong Polymer Scientific & Technical Inc (605008) has a Cash Flow Quality Index of -11.51x as of September 2025. Operating cash flow of CN¥-165.58 Million is below net income of CN¥14.38 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 605008 operating cash flow to assess how effectively this company generates cash.

Cash Flow Quality Index

-11.51x
Operating CF / Net Income

Operating Cash Flow

CN¥-165.58 Million
CNY

Net Income

CN¥14.38 Million
CNY

Data as of

Sep 2025
Most recent filing

Ningbo Changhong Polymer Scientific & Technical Inc Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for Ningbo Changhong Polymer Scientific & Technical Inc across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 605008 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Ningbo Changhong Polymer Scientific & Technical Inc (2016–2024)

Year-by-year earnings quality comparison for Ningbo Changhong Polymer Scientific & Technical Inc. For live market cap and the full company financial profile, see 605008 market cap.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 3.70x CN¥348.64 Million CN¥94.22 Million ▲ +50.9%
2023 2.45x CN¥232.93 Million CN¥95.01 Million ▲ +496.7%
2022 0.41x CN¥74.12 Million CN¥180.39 Million ▲ +223.9%
2021 -0.33x CN¥-61.35 Million CN¥184.98 Million ▼ -290.1%
2020 0.17x CN¥52.61 Million CN¥301.63 Million ▼ -78.7%
2019 0.82x CN¥175.82 Million CN¥215.17 Million ▲ +14.8%
2018 0.71x CN¥129.00 Million CN¥181.17 Million ▼ -14.7%
2017 0.83x CN¥57.99 Million CN¥69.46 Million ▼ -55.2%
2016 1.86x CN¥110.13 Million CN¥59.10 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.