Zhongshan Public Utilities Group Co Ltd (000685) — Cash Flow Quality Index

Latest as of September 2025: 0.76x

Zhongshan Public Utilities Group Co Ltd (000685) has a Cash Flow Quality Index of 0.76x as of September 2025. Operating cash flow of CN¥371.64 Million is below net income of CN¥491.84 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 000685 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.76x
Operating CF / Net Income

Operating Cash Flow

CN¥371.64 Million
CNY

Net Income

CN¥491.84 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhongshan Public Utilities Group Co Ltd Cash Flow Quality Index (1998–2025)

Historical Cash Flow Quality Index for Zhongshan Public Utilities Group Co Ltd across 28 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Zhongshan Public Utilities Group Co Ltd generate cash.

Annual Cash Flow Quality Index for Zhongshan Public Utilities Group Co Ltd (1998–2025)

Year-by-year earnings quality comparison for Zhongshan Public Utilities Group Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 0.16x CN¥297.66 Million CN¥1.88 Billion ▲ +177.1%
2024 -0.21x CN¥-248.67 Million CN¥1.21 Billion ▼ -132.8%
2023 0.63x CN¥606.16 Million CN¥967.28 Million ▲ +122.6%
2022 0.28x CN¥301.86 Million CN¥1.07 Billion ▼ -20.5%
2021 0.35x CN¥518.82 Million CN¥1.47 Billion ▼ -17.0%
2020 0.43x CN¥586.45 Million CN¥1.37 Billion ▼ -45.1%
2019 0.78x CN¥832.26 Million CN¥1.07 Billion ▼ -2.1%
2018 0.79x CN¥574.82 Million CN¥723.85 Million ▲ +46.6%
2017 0.54x CN¥586.22 Million CN¥1.08 Billion ▲ +25.4%
2016 0.43x CN¥431.83 Million CN¥999.72 Million ▲ +188.1%
2015 0.15x CN¥223.93 Million CN¥1.49 Billion ▼ -69.4%
2014 0.49x CN¥379.97 Million CN¥776.24 Million ▼ -4.7%
2013 0.51x CN¥313.15 Million CN¥609.86 Million ▼ -30.5%
2012 0.74x CN¥271.81 Million CN¥368.01 Million ▲ +315.1%
2011 0.18x CN¥194.58 Million CN¥1.09 Billion ▲ +38.0%
2010 0.13x CN¥87.07 Million CN¥675.31 Million ▼ -57.1%
2009 0.30x CN¥245.76 Million CN¥817.04 Million ▼ -19.2%
2008 0.37x CN¥204.61 Million CN¥549.69 Million ▼ -53.9%
2007 0.81x CN¥24.25 Million CN¥30.05 Million ▼ -21.0%
2006 1.02x CN¥21.95 Million CN¥21.49 Million ▼ -38.9%
2005 1.67x CN¥19.20 Million CN¥11.48 Million ▼ -16.7%
2004 2.01x CN¥22.37 Million CN¥11.15 Million ▲ +133.2%
2003 0.86x CN¥12.45 Million CN¥14.47 Million ▼ -45.8%
2002 1.59x CN¥24.16 Million CN¥15.22 Million ▲ +202.8%
2001 0.52x CN¥10.07 Million CN¥19.21 Million ▼ -65.5%
2000 1.52x CN¥31.21 Million CN¥20.52 Million ▲ +764.5%
1999 -0.23x CN¥-4.47 Million CN¥19.51 Million ▲ +96.8%
1998 -7.14x CN¥-20.65 Million CN¥2.89 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.