Zhejiang Provincial New Energy Investment Group Co Ltd (600032) — Cash Flow Quality Index
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 how well can Zhejiang Provincial New Energy Investmen service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see Zhejiang Provincial New Energy Investmen cash flow conversion.
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.
| 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 | — |