Zhejiang Hailiang Co Ltd (002203) — Cash Flow Quality Index

Latest as of September 2025: 5.88x

Zhejiang Hailiang Co Ltd (002203) has a Cash Flow Quality Index of 5.88x as of September 2025. Operating cash flow of CN¥1.25 Billion exceeds net income of CN¥213.26 Million, indicating high earnings quality where cash backs reported profits. Explore Zhejiang Hailiang Co Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

5.88x
Operating CF / Net Income

Operating Cash Flow

CN¥1.25 Billion
CNY

Net Income

CN¥213.26 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Hailiang Co Ltd Cash Flow Quality Index (2004–2025)

Historical Cash Flow Quality Index for Zhejiang Hailiang Co Ltd across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Zhejiang Hailiang Co Ltd.

Annual Cash Flow Quality Index for Zhejiang Hailiang Co Ltd (2004–2025)

Year-by-year earnings quality comparison for Zhejiang Hailiang Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 -1.78x CN¥-1.68 Billion CN¥943.16 Million ▲ +52.7%
2024 -3.77x CN¥-2.30 Billion CN¥610.91 Million ▼ -442.3%
2023 -0.69x CN¥-776.34 Million CN¥1.12 Billion ▼ -197.7%
2022 0.71x CN¥870.25 Million CN¥1.22 Billion ▲ +131.2%
2021 -2.28x CN¥-2.58 Billion CN¥1.13 Billion ▼ -319.9%
2020 1.04x CN¥703.06 Million CN¥677.77 Million ▼ -2.4%
2019 1.06x CN¥1.13 Billion CN¥1.06 Billion ▼ -62.2%
2018 2.81x CN¥2.61 Billion CN¥926.51 Million ▲ +163.7%
2017 -4.41x CN¥-3.11 Billion CN¥705.33 Million ▼ -374.4%
2016 1.61x CN¥886.72 Million CN¥551.25 Million ▲ +120361.1%
2015 0.00x CN¥609.84K CN¥456.69 Million ▼ -100.0%
2014 2.84x CN¥1.28 Billion CN¥451.90 Million ▲ +276.2%
2013 0.75x CN¥216.91 Million CN¥287.81 Million ▼ -61.4%
2012 1.95x CN¥456.24 Million CN¥233.53 Million ▲ +661.8%
2011 0.26x CN¥59.62 Million CN¥232.49 Million ▲ +236.5%
2010 -0.19x CN¥-44.89 Million CN¥239.02 Million ▲ +88.2%
2009 -1.59x CN¥-287.23 Million CN¥180.20 Million ▼ -164.4%
2008 2.47x CN¥439.91 Million CN¥177.86 Million ▲ +1797.2%
2007 0.13x CN¥23.12 Million CN¥177.37 Million ▼ -92.3%
2006 1.70x CN¥288.42 Million CN¥169.56 Million ▲ +20.7%
2005 1.41x CN¥123.92 Million CN¥87.90 Million ▲ +198.5%
2004 -1.43x CN¥-87.54 Million CN¥61.18 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.