Zhejiang Red Dragonfly Footwear Co Ltd (603116) — Cash Flow Quality Index
Zhejiang Red Dragonfly Footwear Co Ltd (603116) has a Cash Flow Quality Index of 15.95x as of March 2025. Operating cash flow of CN¥64.82 Million exceeds net income of CN¥4.06 Million, indicating high earnings quality where cash backs reported profits. Explore Zhejiang Red Dragonfly Footwear Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Zhejiang Red Dragonfly Footwear Co Ltd Cash Flow Quality Index (2011–2023)
Historical Cash Flow Quality Index for Zhejiang Red Dragonfly Footwear Co Ltd across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Zhejiang Red Dragonfly Footwear Co Ltd generate cash.
Annual Cash Flow Quality Index for Zhejiang Red Dragonfly Footwear Co Ltd (2011–2023)
Year-by-year earnings quality comparison for Zhejiang Red Dragonfly Footwear Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 7.33x | CN¥380.93 Million | CN¥51.95 Million | ▲ +299.9% |
| 2021 | 1.83x | CN¥88.52 Million | CN¥48.28 Million | ▼ -48.8% |
| 2020 | 3.58x | CN¥263.78 Million | CN¥73.73 Million | ▲ +211.9% |
| 2019 | 1.15x | CN¥147.37 Million | CN¥128.47 Million | ▲ +4.7% |
| 2018 | 1.10x | CN¥211.06 Million | CN¥192.70 Million | ▲ +128.7% |
| 2017 | 0.48x | CN¥178.63 Million | CN¥373.00 Million | ▲ +20.8% |
| 2016 | 0.40x | CN¥108.39 Million | CN¥273.45 Million | ▼ -67.1% |
| 2015 | 1.21x | CN¥361.69 Million | CN¥300.06 Million | ▼ -35.0% |
| 2014 | 1.85x | CN¥607.51 Million | CN¥327.64 Million | ▲ +22.8% |
| 2013 | 1.51x | CN¥388.88 Million | CN¥257.58 Million | ▲ +370.4% |
| 2012 | 0.32x | CN¥95.14 Million | CN¥296.40 Million | ▼ -16.4% |
| 2011 | 0.38x | CN¥106.32 Million | CN¥277.01 Million | — |