Zhejiang Meilun Elevator Co Ltd (603321) — Cash Flow Quality Index
Zhejiang Meilun Elevator Co Ltd (603321) has a Cash Flow Quality Index of 0.90x as of September 2025. Operating cash flow of CN¥9.40 Million is below net income of CN¥10.43 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 603321 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Zhejiang Meilun Elevator Co Ltd Cash Flow Quality Index (2013–2024)
Historical Cash Flow Quality Index for Zhejiang Meilun Elevator Co Ltd across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Zhejiang Meilun Elevator Co Ltd (603321) cash conversion ratio.
Annual Cash Flow Quality Index for Zhejiang Meilun Elevator Co Ltd (2013–2024)
Year-by-year earnings quality comparison for Zhejiang Meilun Elevator Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.00x | CN¥134.31 Million | CN¥134.25 Million | ▼ -59.4% |
| 2023 | 2.46x | CN¥201.55 Million | CN¥81.85 Million | ▼ -39.2% |
| 2022 | 4.05x | CN¥188.78 Million | CN¥46.61 Million | ▲ +411.8% |
| 2021 | 0.79x | CN¥34.68 Million | CN¥43.82 Million | ▼ -48.4% |
| 2020 | 1.53x | CN¥77.47 Million | CN¥50.52 Million | ▼ -40.7% |
| 2019 | 2.59x | CN¥102.45 Million | CN¥39.59 Million | ▲ +102.4% |
| 2018 | 1.28x | CN¥64.11 Million | CN¥50.14 Million | ▲ +5.1% |
| 2017 | 1.22x | CN¥93.25 Million | CN¥76.64 Million | ▲ +121.9% |
| 2016 | 0.55x | CN¥49.69 Million | CN¥90.62 Million | ▼ -50.3% |
| 2015 | 1.10x | CN¥123.61 Million | CN¥112.10 Million | ▲ +26.6% |
| 2014 | 0.87x | CN¥77.03 Million | CN¥88.42 Million | ▼ -35.3% |
| 2013 | 1.35x | CN¥109.18 Million | CN¥81.10 Million | — |