Hangzhou Honghua Digital Technology Stock Company LTD (688789) — Cash Flow Quality Index
Hangzhou Honghua Digital Technology Stock Company LTD (688789) has a Cash Flow Quality Index of 0.40x as of December 2024. Operating cash flow of CN¥164.43 Million is below net income of CN¥414.40 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 688789 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hangzhou Honghua Digital Technology Stock Company LTD Cash Flow Quality Index (2017–2024)
Historical Cash Flow Quality Index for Hangzhou Honghua Digital Technology Stock Company LTD across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 688789 operating cash flow.
Annual Cash Flow Quality Index for Hangzhou Honghua Digital Technology Stock Company LTD (2017–2024)
Year-by-year earnings quality comparison for Hangzhou Honghua Digital Technology Stock Company LTD.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.40x | CN¥164.43 Million | CN¥414.40 Million | ▼ -15.9% |
| 2023 | 0.47x | CN¥157.19 Million | CN¥333.04 Million | ▼ -34.0% |
| 2022 | 0.72x | CN¥179.33 Million | CN¥250.59 Million | ▲ +46.5% |
| 2021 | 0.49x | CN¥111.36 Million | CN¥227.97 Million | ▼ -43.5% |
| 2020 | 0.86x | CN¥147.85 Million | CN¥171.12 Million | ▲ +15.5% |
| 2019 | 0.75x | CN¥107.69 Million | CN¥143.98 Million | ▼ -32.4% |
| 2018 | 1.11x | CN¥112.60 Million | CN¥101.75 Million | ▼ -17.7% |
| 2017 | 1.34x | CN¥72.76 Million | CN¥54.14 Million | — |