Shenzhen Expressway Company Limited (SHZH) — Cash Flow Quality Index

Latest as of June 2023: 1.83x

Shenzhen Expressway Company Limited (SHZH) has a Cash Flow Quality Index of 1.83x as of June 2023. Operating cash flow of €889.55 Million exceeds net income of €486.72 Million, indicating high earnings quality where cash backs reported profits. Explore how much of Shenzhen Expressway Company Limited's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.83x
Operating CF / Net Income

Operating Cash Flow

€889.55 Million
EUR

Net Income

€486.72 Million
EUR

Data as of

Jun 2023
Most recent filing

Shenzhen Expressway Company Limited Cash Flow Quality Index (2013–2025)

Historical Cash Flow Quality Index for Shenzhen Expressway Company Limited across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Shenzhen Expressway Company Limited to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shenzhen Expressway Company Limited (2013–2025)

Year-by-year earnings quality comparison for Shenzhen Expressway Company Limited. For live market cap and the full company financial profile, see market value of Shenzhen Expressway Company Limited.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 4.02x €4.62 Billion €1.15 Billion ▲ +23.9%
2024 3.25x €3.72 Billion €1.15 Billion ▲ +84.5%
2023 1.76x €4.09 Billion €2.33 Billion ▲ +5.2%
2022 1.67x €3.37 Billion €2.01 Billion ▲ +10.6%
2021 1.51x €3.94 Billion €2.61 Billion ▲ +182.3%
2020 0.54x €1.10 Billion €2.05 Billion ▼ -21.0%
2019 0.68x €1.70 Billion €2.50 Billion ▼ -27.6%
2018 0.94x €3.22 Billion €3.44 Billion ▼ -56.4%
2017 2.15x €2.98 Billion €1.38 Billion ▲ +18.2%
2016 1.82x €2.13 Billion €1.17 Billion ▲ +59.4%
2015 1.14x €1.77 Billion €1.55 Billion ▲ +39.1%
2014 0.82x €1.79 Billion €2.19 Billion ▼ -66.5%
2013 2.45x €1.76 Billion €719.69 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.