Shanghai Zhenhua Heavy Industries Co Ltd A (600320) — Cash Flow Quality Index
Shanghai Zhenhua Heavy Industries Co Ltd A (600320) has a Cash Flow Quality Index of -3.57x as of September 2025. Operating cash flow of CN¥-639.70 Million is below net income of CN¥179.44 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Shanghai Zhenhua Heavy Industries Co Ltd asset portfolio for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shanghai Zhenhua Heavy Industries Co Ltd A Cash Flow Quality Index (1998–2025)
Historical Cash Flow Quality Index for Shanghai Zhenhua Heavy Industries Co Ltd A across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Shanghai Zhenhua Heavy Industries Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Shanghai Zhenhua Heavy Industries Co Ltd A (1998–2025)
Year-by-year earnings quality comparison for Shanghai Zhenhua Heavy Industries Co Ltd A. For live market cap and the full company financial profile, see market cap of Shanghai Zhenhua Heavy Industries Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 8.54x | CN¥6.25 Billion | CN¥731.84 Million | ▲ +26.2% |
| 2024 | 6.76x | CN¥5.28 Billion | CN¥779.94 Million | ▼ -32.2% |
| 2023 | 9.97x | CN¥5.18 Billion | CN¥519.98 Million | ▲ +131.9% |
| 2022 | 4.30x | CN¥2.57 Billion | CN¥597.56 Million | ▲ +7.1% |
| 2021 | 4.01x | CN¥2.12 Billion | CN¥528.35 Million | ▲ +103.7% |
| 2020 | 1.97x | CN¥819.39 Million | CN¥416.14 Million | ▼ -24.1% |
| 2019 | 2.60x | CN¥1.29 Billion | CN¥497.12 Million | ▲ +84.5% |
| 2018 | 1.41x | CN¥553.94 Million | CN¥393.84 Million | ▼ -65.2% |
| 2017 | 4.04x | CN¥1.33 Billion | CN¥329.44 Million | ▼ -25.1% |
| 2016 | 5.40x | CN¥1.66 Billion | CN¥307.34 Million | ▲ +157.2% |
| 2015 | -9.43x | CN¥-1.83 Billion | CN¥194.21 Million | ▼ -59.9% |
| 2014 | -5.90x | CN¥-873.38 Million | CN¥148.05 Million | ▼ -184.2% |
| 2013 | 7.00x | CN¥939.18 Million | CN¥134.08 Million | ▼ -86.5% |
| 2011 | 52.00x | CN¥1.54 Billion | CN¥29.65 Million | ▲ +7261.9% |
| 2009 | 0.71x | CN¥550.28 Million | CN¥779.14 Million | ▲ +144.6% |
| 2008 | -1.58x | CN¥-4.08 Billion | CN¥2.57 Billion | ▼ -681.3% |
| 2007 | 0.27x | CN¥548.21 Million | CN¥2.01 Billion | ▼ -51.1% |
| 2006 | 0.56x | CN¥899.52 Million | CN¥1.61 Billion | ▲ +246.4% |
| 2005 | -0.38x | CN¥-464.43 Million | CN¥1.22 Billion | ▼ -216.5% |
| 2004 | 0.33x | CN¥149.27 Million | CN¥456.93 Million | ▲ +173.3% |
| 2003 | -0.45x | CN¥-123.82 Million | CN¥277.70 Million | ▲ +59.6% |
| 2002 | -1.10x | CN¥-151.32 Million | CN¥137.02 Million | ▼ -4.6% |
| 2001 | -1.06x | CN¥-202.32 Million | CN¥191.54 Million | ▲ +73.9% |
| 2000 | -4.05x | CN¥-503.16 Million | CN¥124.25 Million | ▼ -284.4% |
| 1999 | -1.05x | CN¥-95.05 Million | CN¥90.23 Million | ▼ -136.2% |
| 1998 | 2.91x | CN¥253.11 Million | CN¥86.89 Million | — |