Zhejiang Zheneng Electric Power Co Ltd (600023) — Cash Flow Quality Index
Zhejiang Zheneng Electric Power Co Ltd (600023) has a Cash Flow Quality Index of 2.44x as of September 2025. Operating cash flow of CN¥6.63 Billion exceeds net income of CN¥2.72 Billion, indicating high earnings quality where cash backs reported profits. Explore 600023 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Zhejiang Zheneng Electric Power Co Ltd Cash Flow Quality Index (2010–2025)
Historical Cash Flow Quality Index for Zhejiang Zheneng Electric Power Co Ltd across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Zhejiang Zheneng Electric Power Co Ltd.
Annual Cash Flow Quality Index for Zhejiang Zheneng Electric Power Co Ltd (2010–2025)
Year-by-year earnings quality comparison for Zhejiang Zheneng Electric Power Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.52x | CN¥11.45 Billion | CN¥7.53 Billion | ▼ -1.3% |
| 2024 | 1.54x | CN¥13.71 Billion | CN¥8.89 Billion | ▲ +6.1% |
| 2023 | 1.45x | CN¥11.48 Billion | CN¥7.90 Billion | ▼ -4.3% |
| 2020 | 1.52x | CN¥10.13 Billion | CN¥6.67 Billion | ▼ -17.5% |
| 2019 | 1.84x | CN¥9.03 Billion | CN¥4.91 Billion | ▲ +17.5% |
| 2018 | 1.57x | CN¥6.77 Billion | CN¥4.33 Billion | ▼ -25.6% |
| 2017 | 2.10x | CN¥9.99 Billion | CN¥4.74 Billion | ▲ +13.5% |
| 2016 | 1.85x | CN¥13.35 Billion | CN¥7.20 Billion | ▲ +23.2% |
| 2015 | 1.51x | CN¥12.66 Billion | CN¥8.41 Billion | ▲ +2.2% |
| 2014 | 1.47x | CN¥10.42 Billion | CN¥7.08 Billion | ▼ -14.5% |
| 2013 | 1.72x | CN¥13.26 Billion | CN¥7.70 Billion | ▼ -33.6% |
| 2012 | 2.59x | CN¥9.07 Billion | CN¥3.50 Billion | ▲ +6.1% |
| 2011 | 2.44x | CN¥5.37 Billion | CN¥2.20 Billion | ▼ -21.6% |
| 2010 | 3.12x | CN¥7.76 Billion | CN¥2.49 Billion | — |