Zhejiang He Chuan Technology Corp. Ltd. A (688320) — Cash Flow Quality Index

Latest as of December 2023: -0.88x

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. Also explore Zhejiang He Chuan Technology Corp. Ltd. (688320) total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.88x
Operating CF / Net Income

Operating Cash Flow

CN¥-47.28 Million
CNY

Net Income

CN¥53.56 Million
CNY

Data as of

Dec 2023
Most recent filing

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. Check 688320 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

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. For live market cap and the full company financial profile, see Zhejiang He Chuan Technology Corp. Ltd. market capitalisation.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.