Ningbo Gaofa Automotive Ctrl (603788) — Cash Flow Quality Index

Latest as of September 2025: 2.82x

Ningbo Gaofa Automotive Ctrl (603788) has a Cash Flow Quality Index of 2.82x as of September 2025. Operating cash flow of CN¥146.43 Million exceeds net income of CN¥51.85 Million, indicating high earnings quality where cash backs reported profits. Explore debt repayment capacity of Ningbo Gaofa Automotive Ctrl to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.82x
Operating CF / Net Income

Operating Cash Flow

CN¥146.43 Million
CNY

Net Income

CN¥51.85 Million
CNY

Data as of

Sep 2025
Most recent filing

Ningbo Gaofa Automotive Ctrl Cash Flow Quality Index (2011–2025)

Historical Cash Flow Quality Index for Ningbo Gaofa Automotive Ctrl across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Ningbo Gaofa Automotive Ctrl (603788) cash flow conversion.

Annual Cash Flow Quality Index for Ningbo Gaofa Automotive Ctrl (2011–2025)

Year-by-year earnings quality comparison for Ningbo Gaofa Automotive Ctrl.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 0.47x CN¥101.88 Million CN¥216.19 Million ▼ -29.3%
2024 0.67x CN¥126.38 Million CN¥189.63 Million ▲ +6.0%
2023 0.63x CN¥102.23 Million CN¥162.64 Million ▼ -45.5%
2022 1.15x CN¥132.27 Million CN¥114.73 Million ▲ +4.6%
2021 1.10x CN¥160.26 Million CN¥145.46 Million ▲ +11.7%
2020 0.99x CN¥176.94 Million CN¥179.33 Million ▼ -46.7%
2019 1.85x CN¥330.94 Million CN¥178.75 Million ▲ +63.6%
2018 1.13x CN¥246.35 Million CN¥217.64 Million ▲ +154.3%
2017 0.45x CN¥105.03 Million CN¥235.93 Million ▼ -11.0%
2016 0.50x CN¥78.78 Million CN¥157.53 Million ▲ +149.4%
2015 0.20x CN¥22.54 Million CN¥112.40 Million ▼ -62.9%
2014 0.54x CN¥51.84 Million CN¥95.92 Million ▼ -35.4%
2013 0.84x CN¥66.59 Million CN¥79.62 Million ▼ -20.4%
2012 1.05x CN¥58.10 Million CN¥55.27 Million ▲ +29.8%
2011 0.81x CN¥38.28 Million CN¥47.25 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.