Shenzhen Expressway Company Limited (SHZH) — Cash Flow Quality Index
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 SHZH operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see cash efficiency ratio of Shenzhen Expressway Company Limited.
Annual Cash Flow Quality Index for Shenzhen Expressway Company Limited (2013–2025)
Year-by-year earnings quality comparison for 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 | — |