Shanghai Zhongzhou Special Alloy Materials Co. Ltd. (300963) — Cash Flow Quality Index
Shanghai Zhongzhou Special Alloy Materials Co. Ltd. (300963) has a Cash Flow Quality Index of -2.40x as of September 2025. Operating cash flow of CN¥-50.77 Million is below net income of CN¥21.17 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 300963 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shanghai Zhongzhou Special Alloy Materials Co. Ltd. Cash Flow Quality Index (2012–2025)
Historical Cash Flow Quality Index for Shanghai Zhongzhou Special Alloy Materials Co. Ltd. across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 300963 operating cash flow.
Annual Cash Flow Quality Index for Shanghai Zhongzhou Special Alloy Materials Co. Ltd. (2012–2025)
Year-by-year earnings quality comparison for Shanghai Zhongzhou Special Alloy Materials Co. Ltd..
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -1.70x | CN¥-91.81 Million | CN¥54.02 Million | ▼ -369.3% |
| 2024 | 0.63x | CN¥60.26 Million | CN¥95.47 Million | ▲ +333.8% |
| 2023 | -0.27x | CN¥-22.28 Million | CN¥82.53 Million | ▲ +56.7% |
| 2022 | -0.62x | CN¥-49.84 Million | CN¥80.01 Million | ▲ +65.8% |
| 2021 | -1.82x | CN¥-83.97 Million | CN¥46.11 Million | ▼ -321.8% |
| 2020 | 0.82x | CN¥50.15 Million | CN¥61.09 Million | ▲ +17.3% |
| 2019 | 0.70x | CN¥44.76 Million | CN¥63.97 Million | ▲ +145.1% |
| 2018 | 0.29x | CN¥17.42 Million | CN¥61.01 Million | ▲ +94.6% |
| 2017 | 0.15x | CN¥11.20 Million | CN¥76.33 Million | ▲ +162.6% |
| 2016 | -0.23x | CN¥-5.80 Million | CN¥24.75 Million | ▼ -141.0% |
| 2014 | 0.57x | CN¥25.58 Million | CN¥44.72 Million | ▲ +182.3% |
| 2013 | -0.69x | CN¥-29.99 Million | CN¥43.18 Million | ▲ +18.7% |
| 2012 | -0.85x | CN¥-24.12 Million | CN¥28.22 Million | — |