Ningbo Changhong Polymer Scientific & Technical Inc (605008) — Cash Flow Quality Index
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 to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see Ningbo Changhong Polymer Scientific & Te cash flow conversion.
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.
| 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 | — |