Zhejiang Wansheng Co Ltd (603010) — Cash Flow Quality Index

Latest as of June 2023: 2.59x

Zhejiang Wansheng Co Ltd (603010) has a Cash Flow Quality Index of 2.59x as of June 2023. Operating cash flow of CN¥150.31 Million exceeds net income of CN¥58.04 Million, indicating high earnings quality where cash backs reported profits. Explore how efficiently does Zhejiang Wansheng Co Ltd generate cash to assess how effectively this company generates cash.

Cash Flow Quality Index

2.59x
Operating CF / Net Income

Operating Cash Flow

CN¥150.31 Million
CNY

Net Income

CN¥58.04 Million
CNY

Data as of

Jun 2023
Most recent filing

Zhejiang Wansheng Co Ltd Cash Flow Quality Index (2011–2024)

Historical Cash Flow Quality Index for Zhejiang Wansheng Co Ltd across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check cash flow reinvestment rate of Zhejiang Wansheng Co Ltd to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Zhejiang Wansheng Co Ltd (2011–2024)

Year-by-year earnings quality comparison for Zhejiang Wansheng Co Ltd. For live market cap and the full company financial profile, see 603010 company net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 3.66x CN¥378.40 Million CN¥103.42 Million ▲ +7.2%
2023 3.41x CN¥626.91 Million CN¥183.77 Million ▲ +146.5%
2022 1.38x CN¥505.53 Million CN¥365.28 Million ▲ +35.6%
2021 1.02x CN¥841.22 Million CN¥824.48 Million ▼ -0.3%
2020 1.02x CN¥402.47 Million CN¥393.22 Million ▼ -16.8%
2019 1.23x CN¥203.89 Million CN¥165.77 Million ▲ +77.9%
2018 0.69x CN¥74.34 Million CN¥107.51 Million ▼ -51.8%
2017 1.43x CN¥130.59 Million CN¥91.07 Million ▲ +59.9%
2016 0.90x CN¥134.08 Million CN¥149.52 Million ▼ -37.9%
2015 1.44x CN¥122.73 Million CN¥85.02 Million ▲ +30.1%
2014 1.11x CN¥46.65 Million CN¥42.06 Million ▲ +29.8%
2013 0.85x CN¥50.25 Million CN¥58.83 Million ▼ -5.6%
2012 0.90x CN¥48.62 Million CN¥53.73 Million ▼ -41.7%
2011 1.55x CN¥77.97 Million CN¥50.19 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.