Zhejiang Noblelift Equip (603611) — Cash Flow Quality Index

Latest as of September 2025: 3.24x

Zhejiang Noblelift Equip (603611) has a Cash Flow Quality Index of 3.24x as of September 2025. Operating cash flow of CN¥487.74 Million exceeds net income of CN¥150.44 Million, indicating high earnings quality where cash backs reported profits. Explore Zhejiang Noblelift Equip (603611) cash conversion ratio to assess how effectively this company generates cash.

Cash Flow Quality Index

3.24x
Operating CF / Net Income

Operating Cash Flow

CN¥487.74 Million
CNY

Net Income

CN¥150.44 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Noblelift Equip Cash Flow Quality Index (2011–2024)

Historical Cash Flow Quality Index for Zhejiang Noblelift Equip across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Zhejiang Noblelift Equip (603611) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Zhejiang Noblelift Equip (2011–2024)

Year-by-year earnings quality comparison for Zhejiang Noblelift Equip. For live market cap and the full company financial profile, see 603611 stock market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.65x CN¥765.60 Million CN¥465.00 Million ▲ +560.9%
2023 0.25x CN¥114.03 Million CN¥457.75 Million ▼ -81.6%
2022 1.35x CN¥519.82 Million CN¥384.57 Million ▲ +71.2%
2021 0.79x CN¥231.83 Million CN¥293.70 Million ▼ -29.0%
2020 1.11x CN¥266.71 Million CN¥239.75 Million ▼ -25.9%
2019 1.50x CN¥371.40 Million CN¥247.23 Million ▲ +1.8%
2018 1.48x CN¥294.40 Million CN¥199.59 Million ▲ +240.5%
2017 0.43x CN¥72.09 Million CN¥166.39 Million ▼ -56.6%
2016 1.00x CN¥144.82 Million CN¥145.19 Million ▼ -25.6%
2015 1.34x CN¥146.47 Million CN¥109.26 Million ▼ -26.9%
2014 1.83x CN¥152.60 Million CN¥83.24 Million ▲ +159.0%
2013 0.71x CN¥60.69 Million CN¥85.74 Million ▼ -51.7%
2012 1.46x CN¥105.67 Million CN¥72.17 Million ▼ -4.5%
2011 1.53x CN¥115.53 Million CN¥75.35 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.