Changzheng Engineering Co Ltd (603698) — Cash Flow Quality Index
Changzheng Engineering Co Ltd (603698) has a Cash Flow Quality Index of -6.18x as of September 2025. Operating cash flow of CN¥-232.55 Million is below net income of CN¥37.62 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Changzheng Engineering Co Ltd asset portfolio for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Changzheng Engineering Co Ltd Cash Flow Quality Index (2011–2024)
Historical Cash Flow Quality Index for Changzheng Engineering Co Ltd across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Changzheng Engineering Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Changzheng Engineering Co Ltd (2011–2024)
Year-by-year earnings quality comparison for Changzheng Engineering Co Ltd. For live market cap and the full company financial profile, see Changzheng Engineering Co Ltd (603698) market capitalisation.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.70x | CN¥614.02 Million | CN¥227.83 Million | ▲ +34.7% |
| 2023 | 2.00x | CN¥374.48 Million | CN¥187.16 Million | ▼ -22.4% |
| 2022 | 2.58x | CN¥431.05 Million | CN¥167.10 Million | ▲ +34.3% |
| 2021 | 1.92x | CN¥298.64 Million | CN¥155.50 Million | ▲ +22.8% |
| 2020 | 1.56x | CN¥280.50 Million | CN¥179.33 Million | ▲ +1402.6% |
| 2019 | -0.12x | CN¥-18.65 Million | CN¥155.31 Million | ▼ -151.2% |
| 2018 | 0.23x | CN¥53.19 Million | CN¥226.74 Million | ▼ -93.8% |
| 2017 | 3.79x | CN¥729.88 Million | CN¥192.49 Million | ▲ +394.8% |
| 2016 | -1.29x | CN¥-210.77 Million | CN¥163.86 Million | ▼ -2.2% |
| 2015 | -1.26x | CN¥-372.36 Million | CN¥295.96 Million | ▼ -172.7% |
| 2014 | 1.73x | CN¥487.63 Million | CN¥281.58 Million | ▲ +77.2% |
| 2013 | 0.98x | CN¥223.11 Million | CN¥228.34 Million | ▼ -39.2% |
| 2012 | 1.61x | CN¥311.79 Million | CN¥194.05 Million | ▲ +218.9% |
| 2011 | 0.50x | CN¥75.17 Million | CN¥149.21 Million | — |