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. Also explore Qingdao Daneng Environmental Protection balance sheet assets for the complete picture of this company's asset base.
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. Check tangible equity quality of Qingdao Daneng Environmental Protection to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company financial profile, see 688501 market cap overview.
| 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 | — |