Zheshang Securities Co Ltd (601878) — Cash Flow Quality Index

Latest as of June 2026: 10.31x

Zheshang Securities Co Ltd (601878) has a Cash Flow Quality Index of 10.31x as of June 2026. Operating cash flow of CN¥8.87 Billion exceeds net income of CN¥859.81 Million, indicating high earnings quality where cash backs reported profits. Explore Zheshang Securities Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

10.31x
Operating CF / Net Income

Operating Cash Flow

CN¥8.87 Billion
CNY

Net Income

CN¥859.81 Million
CNY

Data as of

Jun 2026
Most recent filing

Zheshang Securities Co Ltd Cash Flow Quality Index (2011–2025)

Historical Cash Flow Quality Index for Zheshang Securities Co Ltd across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Zheshang Securities Co Ltd generate cash.

Annual Cash Flow Quality Index for Zheshang Securities Co Ltd (2011–2025)

Year-by-year earnings quality comparison for Zheshang Securities Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 -1.36x CN¥-3.29 Billion CN¥2.41 Billion ▼ -143.5%
2024 3.13x CN¥6.29 Billion CN¥2.01 Billion ▼ -3.3%
2023 3.24x CN¥5.91 Billion CN¥1.82 Billion ▲ +954.2%
2022 0.31x CN¥523.06 Million CN¥1.70 Billion ▼ -60.9%
2021 0.79x CN¥1.73 Billion CN¥2.20 Billion ▲ +240.3%
2020 -0.56x CN¥-911.59 Million CN¥1.63 Billion ▼ -233.4%
2019 0.42x CN¥406.22 Million CN¥967.56 Million ▲ +116.9%
2018 -2.48x CN¥-1.83 Billion CN¥736.96 Million ▲ +76.0%
2017 -10.35x CN¥-11.01 Billion CN¥1.06 Billion ▼ -118.0%
2016 -4.75x CN¥-5.89 Billion CN¥1.24 Billion ▼ -339.2%
2015 1.98x CN¥3.64 Billion CN¥1.83 Billion ▼ -81.9%
2014 10.98x CN¥8.24 Billion CN¥750.24 Million ▲ +432.8%
2013 -3.30x CN¥-1.33 Billion CN¥403.23 Million ▲ +52.8%
2012 -6.99x CN¥-1.18 Billion CN¥169.34 Million ▲ +50.0%
2011 -13.97x CN¥-4.20 Billion CN¥300.74 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.