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 Zhejiang Shengyang Science cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see 603703 cash flow conversion.
Annual Cash Flow Quality Index for Zhejiang Shengyang Science (2011–2023)
Year-by-year earnings quality comparison for 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 | — |