Zhejiang Xinneng Photovoltaic Technology Co Ltd Cash Flow Quality Index

Latest as of September 2025: 2.30x

Zhejiang Xinneng Photovoltaic Technology Co Ltd cash flow quality index. 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 to total liabilities to assess how comfortably operating cash covers total debt obligations.

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

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

Cash flow quality index of Zhejiang Xinneng Photovoltaic Technology Co Ltd from 2014 to 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. See how leveraged is Zhejiang Xinneng Photovoltaic Technology's balance sheet to measure how much of total assets are equity-financed.

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

Zhejiang Xinneng Photovoltaic Technology Co Ltd cash flow quality index by year from 2014 to 2024. Year-by-year earnings quality comparison for Zhejiang Xinneng Photovoltaic Technology Co Ltd. For the full cash flow conversion analysis, see Zhejiang Xinneng Photovoltaic Technology operating cash flow efficiency.

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.