Zhejiang Noblelift Equip (603611) — Cash Flow Quality Index
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 603611 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
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. For the full cash flow conversion analysis, see Zhejiang Noblelift Equip cash flow conversion.
Annual Cash Flow Quality Index for Zhejiang Noblelift Equip (2011–2024)
Year-by-year earnings quality comparison for Zhejiang Noblelift Equip.
| 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 | — |