Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) — Cash Flow Quality Index
Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) has a Cash Flow Quality Index of -1.24x as of September 2025. Operating cash flow of CN¥-19.64 Million is below net income of CN¥15.80 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Qingdao Daneng Environmental Protection 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
Qingdao Daneng Environmental Protection Equipment Co Ltd Cash Flow Quality Index (2017–2025)
Historical Cash Flow Quality Index for Qingdao Daneng Environmental Protection Equipment Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Qingdao Daneng Environmental Protection generate cash.
Annual Cash Flow Quality Index for Qingdao Daneng Environmental Protection Equipment Co Ltd (2017–2025)
Year-by-year earnings quality comparison for Qingdao Daneng Environmental Protection Equipment Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.46x | CN¥80.89 Million | CN¥174.94 Million | ▲ +124.0% |
| 2024 | -1.93x | CN¥-185.81 Million | CN¥96.31 Million | ▼ -118409.2% |
| 2023 | 0.00x | CN¥141.36K | CN¥86.68 Million | ▼ -99.8% |
| 2022 | 0.92x | CN¥65.22 Million | CN¥70.53 Million | ▲ +240.9% |
| 2021 | -0.66x | CN¥-41.79 Million | CN¥63.67 Million | ▲ +26.6% |
| 2020 | -0.89x | CN¥-45.08 Million | CN¥50.40 Million | ▼ -49.3% |
| 2019 | -0.60x | CN¥-28.47 Million | CN¥47.51 Million | ▼ -331.8% |
| 2018 | -0.14x | CN¥-7.66 Million | CN¥55.24 Million | ▼ -111.4% |
| 2017 | 1.22x | CN¥40.88 Million | CN¥33.62 Million | — |