Ningbo Menovo Pharm Co Ltd (603538) — Cash Flow Quality Index

Latest as of September 2025: 0.83x

Ningbo Menovo Pharm Co Ltd (603538) has a Cash Flow Quality Index of 0.83x as of September 2025. Operating cash flow of CN¥38.86 Million is below net income of CN¥46.87 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Ningbo Menovo Pharm Co Ltd (603538) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.83x
Operating CF / Net Income

Operating Cash Flow

CN¥38.86 Million
CNY

Net Income

CN¥46.87 Million
CNY

Data as of

Sep 2025
Most recent filing

Ningbo Menovo Pharm Co Ltd Cash Flow Quality Index (2011–2025)

Historical Cash Flow Quality Index for Ningbo Menovo Pharm Co Ltd across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Ningbo Menovo Pharm Co Ltd (603538) cash conversion ratio.

Annual Cash Flow Quality Index for Ningbo Menovo Pharm Co Ltd (2011–2025)

Year-by-year earnings quality comparison for Ningbo Menovo Pharm Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 1.54x CN¥157.56 Million CN¥102.23 Million ▲ +5.6%
2024 1.46x CN¥97.54 Million CN¥66.81 Million ▲ +85.2%
2023 0.79x CN¥9.13 Million CN¥11.59 Million ▲ +4.6%
2022 0.75x CN¥276.95 Million CN¥367.61 Million ▼ -46.0%
2021 1.40x CN¥220.63 Million CN¥158.07 Million ▼ -4.0%
2020 1.45x CN¥251.61 Million CN¥173.06 Million ▲ +30.1%
2019 1.12x CN¥179.75 Million CN¥160.80 Million ▲ +152.1%
2018 0.44x CN¥46.60 Million CN¥105.06 Million ▼ -72.4%
2017 1.60x CN¥80.15 Million CN¥49.95 Million ▲ +16.5%
2016 1.38x CN¥117.24 Million CN¥85.12 Million ▼ -15.6%
2015 1.63x CN¥133.42 Million CN¥81.77 Million ▲ +70.3%
2014 0.96x CN¥75.22 Million CN¥78.49 Million ▼ -55.7%
2013 2.16x CN¥149.21 Million CN¥69.01 Million ▲ +243.9%
2012 0.63x CN¥38.11 Million CN¥60.61 Million ▼ -64.2%
2011 1.75x CN¥121.67 Million CN¥69.33 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.