Zhejiang Provincial New Energy Investment Group Co Ltd (600032) — Cash Flow Quality Index

Latest as of September 2025: 8.53x

Zhejiang Provincial New Energy Investment Group Co Ltd (600032) has a Cash Flow Quality Index of 8.53x as of September 2025. Operating cash flow of CN¥2.74 Billion exceeds net income of CN¥321.50 Million, indicating high earnings quality where cash backs reported profits. Explore cash efficiency ratio of Zhejiang Provincial New Energy Investmen to assess how effectively this company generates cash.

Cash Flow Quality Index

8.53x
Operating CF / Net Income

Operating Cash Flow

CN¥2.74 Billion
CNY

Net Income

CN¥321.50 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Provincial New Energy Investment Group Co Ltd Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for Zhejiang Provincial New Energy Investment Group Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 600032 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Zhejiang Provincial New Energy Investment Group Co Ltd (2016–2024)

Year-by-year earnings quality comparison for Zhejiang Provincial New Energy Investment Group Co Ltd. For live market cap and the full company financial profile, see 600032 market cap overview.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 3.42x CN¥2.82 Billion CN¥825.85 Million ▲ +35.9%
2023 2.52x CN¥2.46 Billion CN¥977.81 Million ▼ -0.6%
2022 2.53x CN¥2.91 Billion CN¥1.15 Billion ▲ +52.1%
2021 1.66x CN¥1.16 Billion CN¥696.49 Million ▼ -28.1%
2020 2.32x CN¥1.22 Billion CN¥524.85 Million ▲ +22.0%
2019 1.90x CN¥1.20 Billion CN¥633.67 Million ▼ -38.4%
2018 3.08x CN¥646.02 Million CN¥209.69 Million ▲ +47.9%
2017 2.08x CN¥527.04 Million CN¥252.97 Million ▲ +8.1%
2016 1.93x CN¥844.80 Million CN¥438.24 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.