Zhejiang Expressway Co. Ltd (ZHJ) — Cash Flow Quality Index

Latest as of December 2023: 0.89x

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 Zhejiang Expressway Co. Ltd (ZHJ) investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.89x
Operating CF / Net Income

Operating Cash Flow

€1.10 Billion
EUR

Net Income

€1.23 Billion
EUR

Data as of

Dec 2023
Most recent filing

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. Check Zhejiang Expressway Co. Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Zhejiang Expressway Co. Ltd (2013–2025)

Year-by-year earnings quality comparison for Zhejiang Expressway Co. Ltd. For live market cap and the full company financial profile, see ZHJ company net worth.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.