Hangzhou Pinming Software Co. Ltd. A (688109) — Cash Flow Quality Index
Hangzhou Pinming Software Co. Ltd. A (688109) has a Cash Flow Quality Index of 1.14x as of September 2025. Operating cash flow of CN¥19.68 Million exceeds net income of CN¥17.20 Million, indicating high earnings quality where cash backs reported profits. Explore 688109 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
Hangzhou Pinming Software Co. Ltd. A Cash Flow Quality Index (2013–2025)
Historical Cash Flow Quality Index for Hangzhou Pinming Software Co. Ltd. A across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Hangzhou Pinming Software Co. Ltd. A operating cash flow efficiency.
Annual Cash Flow Quality Index for Hangzhou Pinming Software Co. Ltd. A (2013–2025)
Year-by-year earnings quality comparison for Hangzhou Pinming Software Co. Ltd. A.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.08x | CN¥98.46 Million | CN¥47.29 Million | ▼ -23.4% |
| 2024 | 2.72x | CN¥85.57 Million | CN¥31.48 Million | ▲ +260.7% |
| 2023 | 0.75x | CN¥9.37 Million | CN¥12.43 Million | ▲ +290.5% |
| 2021 | -0.40x | CN¥-24.79 Million | CN¥62.68 Million | ▼ -162.2% |
| 2020 | 0.64x | CN¥62.10 Million | CN¥97.64 Million | ▼ -2.7% |
| 2019 | 0.65x | CN¥48.57 Million | CN¥74.29 Million | ▼ -29.0% |
| 2018 | 0.92x | CN¥51.32 Million | CN¥55.77 Million | ▲ +26.0% |
| 2017 | 0.73x | CN¥24.18 Million | CN¥33.10 Million | ▼ -46.7% |
| 2016 | 1.37x | CN¥39.02 Million | CN¥28.48 Million | ▲ +30.6% |
| 2015 | 1.05x | CN¥14.73 Million | CN¥14.04 Million | ▲ +249.5% |
| 2014 | -0.70x | CN¥-750.15K | CN¥1.07 Million | ▼ -138.9% |
| 2013 | 1.81x | CN¥2.63 Million | CN¥1.46 Million | — |