China Express Airlines Co Ltd Class A (002928) — Cash Flow Quality Index

Latest as of September 2025: 3.86x

China Express Airlines Co Ltd Class A (002928) has a Cash Flow Quality Index of 3.86x as of September 2025. Operating cash flow of CN¥1.43 Billion exceeds net income of CN¥369.07 Million, indicating high earnings quality where cash backs reported profits. Explore 002928 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

3.86x
Operating CF / Net Income

Operating Cash Flow

CN¥1.43 Billion
CNY

Net Income

CN¥369.07 Million
CNY

Data as of

Sep 2025
Most recent filing

China Express Airlines Co Ltd Class A Cash Flow Quality Index (2013–2025)

Historical Cash Flow Quality Index for China Express Airlines Co Ltd Class A across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 002928 cash flow conversion.

Annual Cash Flow Quality Index for China Express Airlines Co Ltd Class A (2013–2025)

Year-by-year earnings quality comparison for China Express Airlines Co Ltd Class A.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 4.03x CN¥2.52 Billion CN¥625.91 Million ▼ -40.4%
2024 6.75x CN¥1.81 Billion CN¥267.97 Million ▲ +310.7%
2020 1.64x CN¥1.01 Billion CN¥612.89 Million ▼ -21.7%
2019 2.10x CN¥1.05 Billion CN¥502.24 Million ▼ -0.4%
2018 2.11x CN¥521.34 Million CN¥247.46 Million ▲ +15.0%
2017 1.83x CN¥685.35 Million CN¥374.23 Million ▼ -16.7%
2016 2.20x CN¥758.12 Million CN¥344.82 Million ▼ -11.0%
2015 2.47x CN¥600.82 Million CN¥243.34 Million ▲ +16.9%
2014 2.11x CN¥260.27 Million CN¥123.28 Million ▲ +36.2%
2013 1.55x CN¥154.23 Million CN¥99.49 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.