Guangzhou Hexin Instrument Co Ltd (688622) — Cash Flow Quality Index

Latest as of December 2021: 0.22x

Guangzhou Hexin Instrument Co Ltd (688622) has a Cash Flow Quality Index of 0.22x as of December 2021. Operating cash flow of CN¥14.93 Million is below net income of CN¥68.90 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Guangzhou Hexin Instrument Co Ltd (688622) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.22x
Operating CF / Net Income

Operating Cash Flow

CN¥14.93 Million
CNY

Net Income

CN¥68.90 Million
CNY

Data as of

Dec 2021
Most recent filing

Guangzhou Hexin Instrument Co Ltd Cash Flow Quality Index (2016–2021)

Historical Cash Flow Quality Index for Guangzhou Hexin Instrument Co Ltd across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Guangzhou Hexin Instrument Co Ltd generate cash.

Annual Cash Flow Quality Index for Guangzhou Hexin Instrument Co Ltd (2016–2021)

Year-by-year earnings quality comparison for Guangzhou Hexin Instrument Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2021 0.22x CN¥14.93 Million CN¥68.90 Million ▼ -77.9%
2020 0.98x CN¥64.09 Million CN¥65.27 Million ▼ -42.9%
2019 1.72x CN¥77.90 Million CN¥45.33 Million ▲ +599.5%
2018 0.25x CN¥4.92 Million CN¥20.04 Million ▲ +145.2%
2017 -0.54x CN¥-8.38 Million CN¥15.42 Million ▼ -164.4%
2016 0.84x CN¥18.04 Million CN¥21.37 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.