Ningbo Techmation Co Ltd (603015) — Cash Flow Quality Index
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 how well can Ningbo Techmation Co Ltd 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
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. For the full cash flow conversion analysis, see 603015 cash generation efficiency.
Annual Cash Flow Quality Index for Ningbo Techmation Co Ltd (2011–2025)
Year-by-year earnings quality comparison for 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 | — |