Guangdong Provincial Expressway Development Co Ltd (200429) — Cash Flow Quality Index
Guangdong Provincial Expressway Development Co Ltd (200429) has a Cash Flow Quality Index of 2.27x as of December 2025. Operating cash flow of HK$572.78 Million exceeds net income of HK$252.39 Million, indicating high earnings quality where cash backs reported profits. Explore Guangdong Provincial Expressway Developm debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Guangdong Provincial Expressway Development Co Ltd Cash Flow Quality Index (1998–2025)
Historical Cash Flow Quality Index for Guangdong Provincial Expressway Development Co Ltd across 28 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Guangdong Provincial Expressway Developm cash flow conversion.
Annual Cash Flow Quality Index for Guangdong Provincial Expressway Development Co Ltd (1998–2025)
Year-by-year earnings quality comparison for Guangdong Provincial Expressway Development Co Ltd.
| Year | Quality Index | Operating CF (HKD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.07x | HK$3.64 Billion | HK$1.75 Billion | ▲ +33.8% |
| 2024 | 1.55x | HK$3.26 Billion | HK$2.10 Billion | ▼ -8.6% |
| 2023 | 1.69x | HK$3.83 Billion | HK$2.26 Billion | ▲ +10.4% |
| 2022 | 1.53x | HK$2.75 Billion | HK$1.79 Billion | ▲ +1.4% |
| 2021 | 1.51x | HK$3.67 Billion | HK$2.43 Billion | ▼ -21.7% |
| 2020 | 1.93x | HK$2.64 Billion | HK$1.36 Billion | ▲ +40.8% |
| 2019 | 1.37x | HK$1.99 Billion | HK$1.45 Billion | ▲ +36.3% |
| 2018 | 1.01x | HK$1.92 Billion | HK$1.90 Billion | ▼ -21.6% |
| 2017 | 1.28x | HK$2.19 Billion | HK$1.71 Billion | ▼ -21.8% |
| 2016 | 1.64x | HK$1.92 Billion | HK$1.17 Billion | ▼ -11.2% |
| 2015 | 1.85x | HK$996.99 Million | HK$539.43 Million | ▼ -31.4% |
| 2014 | 2.70x | HK$967.24 Million | HK$358.85 Million | ▼ -64.4% |
| 2013 | 7.57x | HK$757.45 Million | HK$100.05 Million | ▲ +145.2% |
| 2012 | 3.09x | HK$621.18 Million | HK$201.19 Million | ▲ +11.4% |
| 2011 | 2.77x | HK$620.31 Million | HK$223.87 Million | ▲ +105.8% |
| 2010 | 1.35x | HK$590.29 Million | HK$438.33 Million | ▲ +124.5% |
| 2009 | 0.60x | HK$225.99 Million | HK$376.82 Million | ▼ -51.4% |
| 2008 | 1.23x | HK$582.65 Million | HK$471.94 Million | ▲ +5.5% |
| 2007 | 1.17x | HK$690.83 Million | HK$590.50 Million | ▼ -16.7% |
| 2006 | 1.40x | HK$596.06 Million | HK$424.66 Million | ▲ +0.9% |
| 2005 | 1.39x | HK$628.20 Million | HK$451.64 Million | ▼ -27.3% |
| 2004 | 1.91x | HK$674.82 Million | HK$352.78 Million | ▲ +30.8% |
| 2003 | 1.46x | HK$453.60 Million | HK$310.09 Million | ▲ +22.8% |
| 2002 | 1.19x | HK$355.92 Million | HK$298.88 Million | ▼ -46.7% |
| 2001 | 2.23x | HK$478.14 Million | HK$214.18 Million | ▲ +129.6% |
| 2000 | 0.97x | HK$156.36 Million | HK$160.82 Million | ▲ +67.6% |
| 1999 | 0.58x | HK$189.54 Million | HK$326.78 Million | ▼ -49.6% |
| 1998 | 1.15x | HK$169.56 Million | HK$147.31 Million | — |