Zhuzhou CRRC Times Electric Co. Ltd (ZTX) — Cash Flow Quality Index
Zhuzhou CRRC Times Electric Co. Ltd (ZTX) has a Cash Flow Quality Index of 2.87x as of December 2023. Operating cash flow of €3.02 Billion exceeds net income of €1.05 Billion, indicating high earnings quality where cash backs reported profits. Explore ZTX debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Zhuzhou CRRC Times Electric Co. Ltd Cash Flow Quality Index (2013–2024)
Historical Cash Flow Quality Index for Zhuzhou CRRC Times Electric Co. Ltd across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see ZTX cash generation efficiency.
Annual Cash Flow Quality Index for Zhuzhou CRRC Times Electric Co. Ltd (2013–2024)
Year-by-year earnings quality comparison for Zhuzhou CRRC Times Electric Co. Ltd.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.91x | €3.36 Billion | €3.70 Billion | ▲ +96.2% |
| 2023 | 0.46x | €1.44 Billion | €3.11 Billion | ▼ -42.1% |
| 2022 | 0.80x | €2.04 Billion | €2.56 Billion | ▼ -25.1% |
| 2021 | 1.07x | €2.15 Billion | €2.02 Billion | ▲ +51.0% |
| 2020 | 0.71x | €1.75 Billion | €2.48 Billion | ▼ -6.9% |
| 2019 | 0.76x | €2.02 Billion | €2.66 Billion | ▼ -47.3% |
| 2018 | 1.44x | €3.76 Billion | €2.61 Billion | ▲ +147.1% |
| 2017 | 0.58x | €1.47 Billion | €2.52 Billion | ▲ +16.7% |
| 2016 | 0.50x | €1.45 Billion | €2.90 Billion | ▲ +3.2% |
| 2015 | 0.48x | €1.43 Billion | €2.97 Billion | ▼ -43.7% |
| 2014 | 0.86x | €2.06 Billion | €2.39 Billion | ▲ +73.5% |
| 2013 | 0.49x | €725.99 Million | €1.47 Billion | — |