ADD Industry Zhejiang Co Ltd (603089) — Cash Flow Quality Index
ADD Industry Zhejiang Co Ltd (603089) has a Cash Flow Quality Index of 1.56x as of September 2025. Operating cash flow of CN¥20.90 Million exceeds net income of CN¥13.41 Million, indicating high earnings quality where cash backs reported profits. Explore 603089 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
ADD Industry Zhejiang Co Ltd Cash Flow Quality Index (2012–2024)
Historical Cash Flow Quality Index for ADD Industry Zhejiang Co Ltd across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of ADD Industry Zhejiang Co Ltd.
Annual Cash Flow Quality Index for ADD Industry Zhejiang Co Ltd (2012–2024)
Year-by-year earnings quality comparison for ADD Industry Zhejiang Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.37x | CN¥125.92 Million | CN¥92.21 Million | ▼ -72.0% |
| 2023 | 4.89x | CN¥287.59 Million | CN¥58.87 Million | ▲ +15.8% |
| 2022 | 4.22x | CN¥245.49 Million | CN¥58.20 Million | ▲ +1051.8% |
| 2021 | -0.44x | CN¥-31.77 Million | CN¥71.68 Million | ▼ -158.5% |
| 2020 | 0.76x | CN¥86.31 Million | CN¥113.97 Million | ▼ -40.5% |
| 2019 | 1.27x | CN¥130.77 Million | CN¥102.72 Million | ▲ +46.1% |
| 2018 | 0.87x | CN¥93.17 Million | CN¥106.94 Million | ▼ -38.4% |
| 2017 | 1.42x | CN¥101.90 Million | CN¥72.00 Million | ▲ +80.0% |
| 2016 | 0.79x | CN¥69.33 Million | CN¥88.20 Million | ▼ -41.8% |
| 2015 | 1.35x | CN¥90.74 Million | CN¥67.18 Million | ▲ +7.6% |
| 2014 | 1.25x | CN¥75.95 Million | CN¥60.52 Million | ▼ -26.6% |
| 2013 | 1.71x | CN¥102.12 Million | CN¥59.73 Million | ▲ +38.6% |
| 2012 | 1.23x | CN¥68.81 Million | CN¥55.78 Million | — |