Merchant Express Class A Cash Flow Quality Index
Merchant Express Class A cash flow quality index. Merchant Express Class A (001965) has a Cash Flow Quality Index of 2.21x as of September 2025. Operating cash flow of CN¥3.33 Billion exceeds net income of CN¥1.51 Billion, indicating high earnings quality where cash backs reported profits. Explore 001965 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Merchant Express Class A (2014–2024)
Cash flow quality index of Merchant Express Class A from 2014 to 2024. Historical Cash Flow Quality Index for Merchant Express Class A across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. See how leveraged is Merchant Express Class A's balance sheet to measure how much of total assets are equity-financed.
Merchant Express Class A Cash Flow Quality Index by Year (2014–2024)
Merchant Express Class A cash flow quality index by year from 2014 to 2024. Year-by-year earnings quality comparison for Merchant Express Class A. For the full cash flow conversion analysis, see Merchant Express Class A operating cash flow efficiency.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.34x | CN¥7.12 Billion | CN¥5.32 Billion | ▲ +104.0% |
| 2023 | 0.66x | CN¥4.44 Billion | CN¥6.77 Billion | ▼ -17.8% |
| 2022 | 0.80x | CN¥3.88 Billion | CN¥4.86 Billion | ▼ -14.1% |
| 2021 | 0.93x | CN¥4.62 Billion | CN¥4.97 Billion | ▼ -35.9% |
| 2020 | 1.45x | CN¥3.22 Billion | CN¥2.22 Billion | ▲ +45.7% |
| 2019 | 0.99x | CN¥4.32 Billion | CN¥4.35 Billion | ▲ +5.4% |
| 2018 | 0.94x | CN¥3.68 Billion | CN¥3.91 Billion | ▲ +6.5% |
| 2017 | 0.88x | CN¥2.98 Billion | CN¥3.37 Billion | ▲ +12.7% |
| 2016 | 0.78x | CN¥2.31 Billion | CN¥2.94 Billion | ▲ +55.1% |
| 2015 | 0.51x | CN¥1.57 Billion | CN¥3.10 Billion | ▼ -12.8% |
| 2014 | 0.58x | CN¥1.43 Billion | CN¥2.46 Billion | — |