Zhejiang Heda Technology Co Ltd (688296) — Cash Flow Quality Index

Latest as of September 2024: 0.89x

Zhejiang Heda Technology Co Ltd (688296) has a Cash Flow Quality Index of 0.89x as of September 2024. Operating cash flow of CN¥6.40 Million is below net income of CN¥7.16 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore 688296 asset base for the complete picture of this company's asset base.

Cash Flow Quality Index

0.89x
Operating CF / Net Income

Operating Cash Flow

CN¥6.40 Million
CNY

Net Income

CN¥7.16 Million
CNY

Data as of

Sep 2024
Most recent filing

Zhejiang Heda Technology Co Ltd Cash Flow Quality Index (2013–2022)

Historical Cash Flow Quality Index for Zhejiang Heda Technology Co Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Zhejiang Heda Technology Co Ltd to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Zhejiang Heda Technology Co Ltd (2013–2022)

Year-by-year earnings quality comparison for Zhejiang Heda Technology Co Ltd. For live market cap and the full company financial profile, see Zhejiang Heda Technology Co Ltd market cap and net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2022 -0.63x CN¥-32.38 Million CN¥51.03 Million ▼ -1544.4%
2021 0.04x CN¥4.45 Million CN¥101.37 Million ▼ -93.4%
2020 0.67x CN¥52.42 Million CN¥78.19 Million ▲ +1637.0%
2019 -0.04x CN¥-1.40 Million CN¥32.11 Million ▼ -103.1%
2018 1.41x CN¥15.23 Million CN¥10.83 Million ▲ +54.2%
2017 0.91x CN¥19.83 Million CN¥21.75 Million ▲ +282.4%
2016 0.24x CN¥6.63 Million CN¥27.81 Million ▼ -51.1%
2015 0.49x CN¥10.24 Million CN¥20.98 Million ▲ +174.0%
2014 -0.66x CN¥-6.65 Million CN¥10.10 Million ▼ -140.0%
2013 1.65x CN¥8.52 Million CN¥5.16 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.