Ningbo Water Meter Co Ltd (603700) — Cash Flow Quality Index
Ningbo Water Meter Co Ltd (603700) has a Cash Flow Quality Index of 1.53x as of September 2025. Operating cash flow of CN¥33.20 Million exceeds net income of CN¥21.74 Million, indicating high earnings quality where cash backs reported profits. Explore Ningbo Water Meter Co Ltd (603700) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Ningbo Water Meter Co Ltd Cash Flow Quality Index (2013–2024)
Historical Cash Flow Quality Index for Ningbo Water Meter Co Ltd across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 603700 operating cash flow.
Annual Cash Flow Quality Index for Ningbo Water Meter Co Ltd (2013–2024)
Year-by-year earnings quality comparison for Ningbo Water Meter Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.59x | CN¥83.03 Million | CN¥52.25 Million | ▲ +12.8% |
| 2023 | 1.41x | CN¥184.90 Million | CN¥131.26 Million | ▲ +110.0% |
| 2022 | 0.67x | CN¥84.25 Million | CN¥125.62 Million | ▼ -2.3% |
| 2021 | 0.69x | CN¥161.01 Million | CN¥234.59 Million | ▲ +47.7% |
| 2020 | 0.46x | CN¥126.76 Million | CN¥272.70 Million | ▼ -29.4% |
| 2019 | 0.66x | CN¥139.72 Million | CN¥212.33 Million | ▼ -11.4% |
| 2018 | 0.74x | CN¥102.14 Million | CN¥137.49 Million | ▼ -32.5% |
| 2017 | 1.10x | CN¥133.85 Million | CN¥121.66 Million | ▼ -6.2% |
| 2016 | 1.17x | CN¥153.48 Million | CN¥130.89 Million | ▲ +44.7% |
| 2015 | 0.81x | CN¥75.91 Million | CN¥93.69 Million | ▼ -29.9% |
| 2014 | 1.16x | CN¥98.12 Million | CN¥84.91 Million | ▼ -35.0% |
| 2013 | 1.78x | CN¥77.90 Million | CN¥43.80 Million | — |