Zhejiang Noblelift Equip Cash Flow Quality Index

Latest as of September 2025: 3.24x

Zhejiang Noblelift Equip 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. See Zhejiang Noblelift Equip free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

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

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

Cash flow quality index of Zhejiang Noblelift Equip from 2011 to 2024. Historical Cash Flow Quality Index for Zhejiang Noblelift Equip across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Zhejiang Noblelift Equip debt service capacity to assess how comfortably operating cash covers total debt obligations.

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

Zhejiang Noblelift Equip cash flow quality index by year from 2011 to 2024. Year-by-year earnings quality comparison for Zhejiang Noblelift Equip. For the full cash flow conversion analysis, see 603611 cash flow metrics.

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.