Lanzhou LS Heavy Equipment Co (603169) — Cash Flow Quality Index
Lanzhou LS Heavy Equipment Co (603169) has a Cash Flow Quality Index of -2.32x as of June 2025. Operating cash flow of CN¥-92.49 Million is below net income of CN¥39.78 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 603169 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Lanzhou LS Heavy Equipment Co Cash Flow Quality Index (2011–2024)
Historical Cash Flow Quality Index for Lanzhou LS Heavy Equipment Co across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Lanzhou LS Heavy Equipment Co (603169) cash flow conversion.
Annual Cash Flow Quality Index for Lanzhou LS Heavy Equipment Co (2011–2024)
Year-by-year earnings quality comparison for Lanzhou LS Heavy Equipment Co.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.43x | CN¥404.27 Million | CN¥166.67 Million | ▲ +42.6% |
| 2023 | 1.70x | CN¥261.54 Million | CN¥153.73 Million | ▲ +0.6% |
| 2022 | 1.69x | CN¥308.64 Million | CN¥182.52 Million | ▲ +70.8% |
| 2021 | 0.99x | CN¥131.94 Million | CN¥133.26 Million | ▼ -87.8% |
| 2019 | 8.13x | CN¥721.36 Million | CN¥88.71 Million | ▲ +105.9% |
| 2017 | -138.07x | CN¥-1.24 Billion | CN¥8.99 Million | ▼ -380.9% |
| 2016 | -28.71x | CN¥-471.40 Million | CN¥16.42 Million | ▼ -7001.5% |
| 2015 | -0.40x | CN¥-261.35 Million | CN¥646.47 Million | ▼ -242.1% |
| 2014 | 0.28x | CN¥123.12 Million | CN¥432.80 Million | ▲ +112.0% |
| 2013 | -2.38x | CN¥-119.57 Million | CN¥50.34 Million | ▼ -1035.8% |
| 2012 | 0.25x | CN¥17.36 Million | CN¥68.40 Million | ▲ +192.0% |
| 2011 | -0.28x | CN¥-30.40 Million | CN¥110.17 Million | — |