Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) — Cash Flow Quality Index

Latest as of September 2025: 2.30x

Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) has a Cash Flow Quality Index of 2.30x as of September 2025. Operating cash flow of CN¥185.80 Million exceeds net income of CN¥80.80 Million, indicating high earnings quality where cash backs reported profits. Also explore Zhejiang Xinneng Photovoltaic Technology total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

2.30x
Operating CF / Net Income

Operating Cash Flow

CN¥185.80 Million
CNY

Net Income

CN¥80.80 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Xinneng Photovoltaic Technology Co Ltd Cash Flow Quality Index (2014–2024)

Historical Cash Flow Quality Index for Zhejiang Xinneng Photovoltaic Technology Co Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Zhejiang Xinneng Photovoltaic Technology to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Zhejiang Xinneng Photovoltaic Technology Co Ltd (2014–2024)

Year-by-year earnings quality comparison for Zhejiang Xinneng Photovoltaic Technology Co Ltd. For live market cap and the full company financial profile, see Zhejiang Xinneng Photovoltaic Technology (603105) market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 2.01x CN¥388.83 Million CN¥193.59 Million ▲ +23.2%
2023 1.63x CN¥359.06 Million CN¥220.16 Million ▼ -45.5%
2022 2.99x CN¥572.88 Million CN¥191.53 Million ▼ -13.0%
2021 3.44x CN¥378.29 Million CN¥110.01 Million ▲ +8.6%
2020 3.17x CN¥256.07 Million CN¥80.89 Million ▼ -39.3%
2019 5.21x CN¥219.52 Million CN¥42.12 Million ▲ +387.4%
2018 -1.81x CN¥-120.00 Million CN¥66.16 Million ▼ -213.8%
2017 1.59x CN¥185.55 Million CN¥116.38 Million ▲ +178.9%
2016 -2.02x CN¥-156.76 Million CN¥77.60 Million ▼ -298.2%
2015 1.02x CN¥122.02 Million CN¥119.71 Million ▼ -79.7%
2014 5.01x CN¥56.16 Million CN¥11.21 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.