Ningbo Water Meter Co Ltd (603700) — Cash Flow Quality Index

Latest as of September 2025: 1.53x

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 603700 cash generation efficiency to assess how effectively this company generates cash.

Cash Flow Quality Index

1.53x
Operating CF / Net Income

Operating Cash Flow

CN¥33.20 Million
CNY

Net Income

CN¥21.74 Million
CNY

Data as of

Sep 2025
Most recent filing

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. Check Ningbo Water Meter Co Ltd investment reinvestment rate to assess the company's total reinvestment commitment from 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. For live market cap and the full company financial profile, see how much is Ningbo Water Meter Co Ltd worth.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.