Ningbo Techmation Co Ltd (603015) — Cash Flow Quality Index

Latest as of September 2025: -2.31x

Ningbo Techmation Co Ltd (603015) has a Cash Flow Quality Index of -2.31x as of September 2025. Operating cash flow of CN¥-8.82 Million is below net income of CN¥3.82 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Ningbo Techmation Co Ltd (603015) long-term investment share to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-2.31x
Operating CF / Net Income

Operating Cash Flow

CN¥-8.82 Million
CNY

Net Income

CN¥3.82 Million
CNY

Data as of

Sep 2025
Most recent filing

Ningbo Techmation Co Ltd Cash Flow Quality Index (2011–2025)

Historical Cash Flow Quality Index for Ningbo Techmation Co Ltd across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 603015 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Ningbo Techmation Co Ltd (2011–2025)

Year-by-year earnings quality comparison for Ningbo Techmation Co Ltd. For live market cap and the full company financial profile, see market cap of Ningbo Techmation Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 1.34x CN¥57.69 Million CN¥42.93 Million ▼ -15.4%
2024 1.59x CN¥96.10 Million CN¥60.53 Million ▼ -25.2%
2023 2.12x CN¥134.89 Million CN¥63.57 Million ▲ +42.4%
2022 1.49x CN¥73.17 Million CN¥49.10 Million ▲ +30.8%
2021 1.14x CN¥96.46 Million CN¥84.67 Million ▲ +26.1%
2020 0.90x CN¥54.09 Million CN¥59.86 Million ▼ -63.3%
2019 2.46x CN¥81.10 Million CN¥32.94 Million ▲ +96.5%
2018 1.25x CN¥61.52 Million CN¥49.11 Million ▲ +4870.9%
2017 -0.03x CN¥-1.87 Million CN¥71.11 Million ▼ -120.7%
2016 0.13x CN¥5.94 Million CN¥46.89 Million ▼ -86.8%
2015 0.96x CN¥64.53 Million CN¥67.03 Million ▲ +60.0%
2014 0.60x CN¥54.04 Million CN¥89.80 Million ▼ -45.5%
2013 1.10x CN¥104.18 Million CN¥94.39 Million ▼ -24.0%
2012 1.45x CN¥109.69 Million CN¥75.50 Million ▲ +252.1%
2011 0.41x CN¥32.61 Million CN¥79.03 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.