DongGuan Winnerway Industrial Zone Ltd (000573) — Cash Flow Quality Index
DongGuan Winnerway Industrial Zone Ltd (000573) has a Cash Flow Quality Index of -0.24x as of March 2025. Operating cash flow of CN¥-27.45 Million is below net income of CN¥112.91 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 000573 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
DongGuan Winnerway Industrial Zone Ltd Cash Flow Quality Index (1998–2025)
Historical Cash Flow Quality Index for DongGuan Winnerway Industrial Zone Ltd across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of DongGuan Winnerway Industrial Zone Ltd.
Annual Cash Flow Quality Index for DongGuan Winnerway Industrial Zone Ltd (1998–2025)
Year-by-year earnings quality comparison for DongGuan Winnerway Industrial Zone Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -0.46x | CN¥-31.34 Million | CN¥68.61 Million | ▲ +89.9% |
| 2023 | -4.52x | CN¥-298.42 Million | CN¥66.09 Million | ▼ -157.9% |
| 2022 | -1.75x | CN¥-60.01 Million | CN¥34.27 Million | ▼ -299.9% |
| 2021 | 0.88x | CN¥119.32 Million | CN¥136.20 Million | ▲ +116.6% |
| 2019 | -5.28x | CN¥-292.78 Million | CN¥55.48 Million | ▼ -147.8% |
| 2018 | 11.05x | CN¥438.76 Million | CN¥39.72 Million | ▲ +326.6% |
| 2017 | -4.88x | CN¥-154.18 Million | CN¥31.63 Million | ▼ -258.1% |
| 2016 | 3.08x | CN¥593.28 Million | CN¥192.46 Million | ▼ -45.4% |
| 2014 | 5.64x | CN¥33.86 Million | CN¥6.00 Million | ▲ +1549.6% |
| 2013 | -0.39x | CN¥-42.21 Million | CN¥108.45 Million | ▼ -294.7% |
| 2012 | 0.20x | CN¥12.54 Million | CN¥62.75 Million | ▼ -96.1% |
| 2011 | 5.09x | CN¥309.54 Million | CN¥60.87 Million | ▲ +406.4% |
| 2010 | 1.00x | CN¥47.19 Million | CN¥46.99 Million | ▼ -89.1% |
| 2009 | 9.24x | CN¥219.63 Million | CN¥23.76 Million | ▲ +1250.5% |
| 2007 | 0.68x | CN¥22.29 Million | CN¥32.57 Million | ▼ -94.0% |
| 2006 | 11.44x | CN¥46.44 Million | CN¥4.06 Million | ▲ +178.0% |
| 2005 | -14.67x | CN¥-241.03 Million | CN¥16.43 Million | ▼ -397.4% |
| 2004 | 4.93x | CN¥71.87 Million | CN¥14.57 Million | ▼ -31.2% |
| 2003 | 7.17x | CN¥84.64 Million | CN¥11.80 Million | ▼ -82.4% |
| 2002 | 40.82x | CN¥88.61 Million | CN¥2.17 Million | ▲ +227.7% |
| 2001 | 12.45x | CN¥50.32 Million | CN¥4.04 Million | ▼ -4.8% |
| 2000 | 13.08x | CN¥78.10 Million | CN¥5.97 Million | ▲ +302.6% |
| 1999 | 3.25x | CN¥22.54 Million | CN¥6.94 Million | ▲ +429.3% |
| 1998 | 0.61x | CN¥29.74 Million | CN¥48.46 Million | — |