Hangzhou Huaguang Advanced Welding Materials Co Ltd (688379) — Cash Flow Quality Index

Latest as of September 2025: -0.44x

Hangzhou Huaguang Advanced Welding Materials Co Ltd (688379) has a Cash Flow Quality Index of -0.44x as of September 2025. Operating cash flow of CN¥-15.10 Million is below net income of CN¥34.67 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Hangzhou Huaguang Advanced Welding Mater cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.44x
Operating CF / Net Income

Operating Cash Flow

CN¥-15.10 Million
CNY

Net Income

CN¥34.67 Million
CNY

Data as of

Sep 2025
Most recent filing

Hangzhou Huaguang Advanced Welding Materials Co Ltd Cash Flow Quality Index (2012–2025)

Historical Cash Flow Quality Index for Hangzhou Huaguang Advanced Welding Materials Co Ltd across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 688379 operating cash flow.

Annual Cash Flow Quality Index for Hangzhou Huaguang Advanced Welding Materials Co Ltd (2012–2025)

Year-by-year earnings quality comparison for Hangzhou Huaguang Advanced Welding Materials Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 -0.45x CN¥-84.96 Million CN¥188.08 Million ▲ +85.7%
2024 -3.17x CN¥-255.17 Million CN¥80.62 Million ▲ +35.5%
2023 -4.91x CN¥-204.11 Million CN¥41.60 Million ▲ +87.3%
2022 -38.68x CN¥-337.20 Million CN¥8.72 Million ▼ -259.9%
2021 -10.75x CN¥-485.84 Million CN¥45.21 Million ▼ -107.4%
2020 -5.18x CN¥-335.22 Million CN¥64.68 Million ▼ -104.8%
2019 -2.53x CN¥-150.13 Million CN¥59.32 Million ▲ +33.6%
2018 -3.81x CN¥-188.41 Million CN¥49.43 Million ▼ -80.3%
2017 -2.11x CN¥-87.23 Million CN¥41.26 Million ▲ +13.4%
2016 -2.44x CN¥-77.43 Million CN¥31.73 Million ▼ -203.6%
2015 2.36x CN¥38.97 Million CN¥16.54 Million ▲ +280.0%
2014 -1.31x CN¥-40.41 Million CN¥30.88 Million ▼ -273.9%
2013 0.75x CN¥30.33 Million CN¥40.30 Million ▲ +115.5%
2012 0.35x CN¥15.72 Million CN¥45.01 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.