Shuifa Energas Gas Co Ltd (603318) — Cash Flow Quality Index
Shuifa Energas Gas Co Ltd (603318) has a Cash Flow Quality Index of -2.27x as of September 2025. Operating cash flow of CN¥-35.43 Million is below net income of CN¥15.59 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 603318 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
Shuifa Energas Gas Co Ltd Cash Flow Quality Index (2011–2024)
Historical Cash Flow Quality Index for Shuifa Energas Gas Co Ltd across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Shuifa Energas Gas Co Ltd.
Annual Cash Flow Quality Index for Shuifa Energas Gas Co Ltd (2011–2024)
Year-by-year earnings quality comparison for Shuifa Energas Gas Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.75x | CN¥290.53 Million | CN¥166.25 Million | ▼ -42.9% |
| 2023 | 3.06x | CN¥464.07 Million | CN¥151.63 Million | ▲ +13.4% |
| 2022 | 2.70x | CN¥343.53 Million | CN¥127.23 Million | ▼ -4.9% |
| 2021 | 2.84x | CN¥217.00 Million | CN¥76.45 Million | ▼ -49.8% |
| 2020 | 5.65x | CN¥176.92 Million | CN¥31.31 Million | ▲ +135.9% |
| 2018 | -15.73x | CN¥-68.93 Million | CN¥4.38 Million | ▼ -2394.5% |
| 2017 | 0.69x | CN¥37.52 Million | CN¥54.73 Million | ▼ -89.1% |
| 2016 | 6.28x | CN¥137.25 Million | CN¥21.85 Million | ▲ +152.2% |
| 2015 | -12.03x | CN¥-224.64 Million | CN¥18.68 Million | ▼ -7913.9% |
| 2014 | 0.15x | CN¥5.52 Million | CN¥35.84 Million | ▼ -73.2% |
| 2013 | 0.57x | CN¥28.80 Million | CN¥50.16 Million | ▲ +15.5% |
| 2012 | 0.50x | CN¥22.67 Million | CN¥45.63 Million | ▼ -47.9% |
| 2011 | 0.95x | CN¥38.69 Million | CN¥40.59 Million | — |