Guangdong Provincial Expressway Development Co Ltd (000429) — Cash Flow Quality Index

Latest as of September 2025: 2.44x

Guangdong Provincial Expressway Development Co Ltd (000429) has a Cash Flow Quality Index of 2.44x as of September 2025. Operating cash flow of CN¥1.19 Billion exceeds net income of CN¥488.02 Million, indicating high earnings quality where cash backs reported profits. Explore 000429 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

2.44x
Operating CF / Net Income

Operating Cash Flow

CN¥1.19 Billion
CNY

Net Income

CN¥488.02 Million
CNY

Data as of

Sep 2025
Most recent filing

Guangdong Provincial Expressway Development Co Ltd Cash Flow Quality Index (1998–2024)

Historical Cash Flow Quality Index for Guangdong Provincial Expressway Development Co Ltd across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 000429 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Guangdong Provincial Expressway Development Co Ltd (1998–2024)

Year-by-year earnings quality comparison for Guangdong Provincial Expressway Development Co Ltd. For live market cap and the full company financial profile, see 000429 company net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.55x CN¥3.26 Billion CN¥2.10 Billion ▼ -34.0%
2023 2.35x CN¥3.83 Billion CN¥1.63 Billion ▲ +52.9%
2022 1.53x CN¥2.75 Billion CN¥1.79 Billion ▲ +1.4%
2021 1.51x CN¥3.67 Billion CN¥2.43 Billion ▼ -21.7%
2020 1.93x CN¥2.64 Billion CN¥1.36 Billion ▲ +40.8%
2019 1.37x CN¥1.99 Billion CN¥1.45 Billion ▲ +36.3%
2018 1.01x CN¥1.92 Billion CN¥1.90 Billion ▼ -21.6%
2017 1.28x CN¥2.19 Billion CN¥1.71 Billion ▼ -21.8%
2016 1.64x CN¥1.92 Billion CN¥1.17 Billion ▼ -11.2%
2015 1.85x CN¥996.99 Million CN¥539.43 Million ▼ -31.4%
2014 2.70x CN¥967.24 Million CN¥358.85 Million ▼ -64.4%
2013 7.57x CN¥757.45 Million CN¥100.05 Million ▲ +145.2%
2012 3.09x CN¥621.18 Million CN¥201.19 Million ▲ +11.4%
2011 2.77x CN¥620.31 Million CN¥223.87 Million ▲ +105.8%
2010 1.35x CN¥590.29 Million CN¥438.33 Million ▲ +124.5%
2009 0.60x CN¥225.99 Million CN¥376.82 Million ▼ -51.4%
2008 1.23x CN¥582.65 Million CN¥471.94 Million ▲ +5.5%
2007 1.17x CN¥690.83 Million CN¥590.50 Million ▼ -16.7%
2006 1.40x CN¥596.06 Million CN¥424.66 Million ▲ +0.9%
2005 1.39x CN¥628.20 Million CN¥451.64 Million ▼ -27.3%
2004 1.91x CN¥674.82 Million CN¥352.78 Million ▲ +30.8%
2003 1.46x CN¥453.60 Million CN¥310.09 Million ▲ +22.8%
2002 1.19x CN¥355.92 Million CN¥298.88 Million ▼ -46.7%
2001 2.23x CN¥478.14 Million CN¥214.18 Million ▲ +129.6%
2000 0.97x CN¥156.36 Million CN¥160.82 Million ▲ +67.6%
1999 0.58x CN¥189.54 Million CN¥326.78 Million ▼ -49.6%
1998 1.15x CN¥169.56 Million CN¥147.31 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.