Zhejiang He Chuan Technology Corp. Ltd. A (688320) — Cash Flow Quality Index
Zhejiang He Chuan Technology Corp. Ltd. A (688320) has a Cash Flow Quality Index of -0.88x as of December 2023. Operating cash flow of CN¥-47.28 Million is below net income of CN¥53.56 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Zhejiang He Chuan Technology Corp. Ltd. cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Zhejiang He Chuan Technology Corp. Ltd. A Cash Flow Quality Index (2019–2023)
Historical Cash Flow Quality Index for Zhejiang He Chuan Technology Corp. Ltd. A across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 688320 cash flow metrics.
Annual Cash Flow Quality Index for Zhejiang He Chuan Technology Corp. Ltd. A (2019–2023)
Year-by-year earnings quality comparison for Zhejiang He Chuan Technology Corp. Ltd. A.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -0.88x | CN¥-47.28 Million | CN¥53.56 Million | ▲ +67.3% |
| 2022 | -2.70x | CN¥-243.85 Million | CN¥90.38 Million | ▼ -2298.6% |
| 2021 | 0.12x | CN¥13.50 Million | CN¥110.02 Million | ▼ -72.1% |
| 2020 | 0.44x | CN¥47.02 Million | CN¥106.85 Million | ▼ -1.6% |
| 2019 | 0.45x | CN¥21.30 Million | CN¥47.62 Million | — |