Zhejiang Shengyang Science (603703) — Cash Flow Quality Index
Zhejiang Shengyang Science (603703) has a Cash Flow Quality Index of 3.93x as of September 2025. Operating cash flow of CN¥8.25 Million exceeds net income of CN¥2.10 Million, indicating high earnings quality where cash backs reported profits. Explore 603703 cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Zhejiang Shengyang Science Cash Flow Quality Index (2011–2023)
Historical Cash Flow Quality Index for Zhejiang Shengyang Science across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 603703 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Zhejiang Shengyang Science (2011–2023)
Year-by-year earnings quality comparison for Zhejiang Shengyang Science. For live market cap and the full company financial profile, see market cap of Zhejiang Shengyang Science.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 22.84x | CN¥81.30 Million | CN¥3.56 Million | ▲ +363.2% |
| 2022 | 4.93x | CN¥89.94 Million | CN¥18.24 Million | ▲ +25.6% |
| 2021 | 3.93x | CN¥76.14 Million | CN¥19.40 Million | ▲ +52.1% |
| 2020 | 2.58x | CN¥55.06 Million | CN¥21.33 Million | ▲ +4.5% |
| 2019 | 2.47x | CN¥52.25 Million | CN¥21.14 Million | ▼ -53.4% |
| 2017 | 5.30x | CN¥129.96 Million | CN¥24.52 Million | ▲ +323.0% |
| 2016 | 1.25x | CN¥33.70 Million | CN¥26.90 Million | ▲ +236.9% |
| 2015 | -0.92x | CN¥-32.04 Million | CN¥35.01 Million | ▼ -175.9% |
| 2014 | 1.21x | CN¥66.34 Million | CN¥55.00 Million | ▼ -0.6% |
| 2013 | 1.21x | CN¥48.66 Million | CN¥40.11 Million | ▲ +901.7% |
| 2012 | 0.12x | CN¥4.85 Million | CN¥40.04 Million | ▲ +138.1% |
| 2011 | -0.32x | CN¥-13.67 Million | CN¥43.06 Million | — |