Zhejiang Expressway Co. Ltd (ZHJ) — Cash Flow Quality Index
Zhejiang Expressway Co. Ltd (ZHJ) has a Cash Flow Quality Index of 0.89x as of December 2023. Operating cash flow of €1.10 Billion is below net income of €1.23 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore ZHJ 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
Zhejiang Expressway Co. Ltd Cash Flow Quality Index (2013–2025)
Historical Cash Flow Quality Index for Zhejiang Expressway Co. Ltd across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Zhejiang Expressway Co. Ltd generate cash.
Annual Cash Flow Quality Index for Zhejiang Expressway Co. Ltd (2013–2025)
Year-by-year earnings quality comparison for Zhejiang Expressway Co. Ltd.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.79x | €4.20 Billion | €5.32 Billion | ▼ -52.2% |
| 2024 | 1.65x | €9.08 Billion | €5.50 Billion | ▼ -12.1% |
| 2023 | 1.88x | €9.81 Billion | €5.22 Billion | ▲ +32.3% |
| 2022 | 1.42x | €7.64 Billion | €5.38 Billion | ▲ +139.7% |
| 2021 | 0.59x | €2.82 Billion | €4.76 Billion | ▲ +1318.1% |
| 2020 | 0.04x | €125.29 Million | €3.00 Billion | ▼ -59.5% |
| 2019 | 0.10x | €382.75 Million | €3.71 Billion | ▼ -88.7% |
| 2018 | 0.91x | €3.22 Billion | €3.52 Billion | ▲ +453.1% |
| 2017 | -0.26x | €-829.67 Million | €3.20 Billion | ▼ -116.7% |
| 2016 | 1.55x | €4.72 Billion | €3.04 Billion | ▲ +273.6% |
| 2015 | -0.90x | €-2.68 Billion | €2.99 Billion | ▼ -154.0% |
| 2014 | 1.66x | €3.76 Billion | €2.26 Billion | ▲ +222.9% |
| 2013 | 0.51x | €979.98 Million | €1.91 Billion | — |