Zhuzhou CRRC Times Electric Co. Ltd (ZTX) — Cash Flow Quality Index

Latest as of December 2023: 2.87x

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 cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

2.87x
Operating CF / Net Income

Operating Cash Flow

€3.02 Billion
EUR

Net Income

€1.05 Billion
EUR

Data as of

Dec 2023
Most recent filing

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. Check Zhuzhou CRRC Times Electric Co. Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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. For live market cap and the full company financial profile, see market cap of 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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.