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. Explore 603105 operating cash flow to assess how effectively this company generates cash.

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 603105 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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 603105 market cap overview.

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.