Nancal Energy-Saving Tech Co (603859) — Cash Flow Quality Index

Latest as of September 2025: -0.84x

Nancal Energy-Saving Tech Co (603859) has a Cash Flow Quality Index of -0.84x as of September 2025. Operating cash flow of CN¥-45.96 Million is below net income of CN¥54.47 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore 603859 total asset value for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.84x
Operating CF / Net Income

Operating Cash Flow

CN¥-45.96 Million
CNY

Net Income

CN¥54.47 Million
CNY

Data as of

Sep 2025
Most recent filing

Nancal Energy-Saving Tech Co Cash Flow Quality Index (2011–2024)

Historical Cash Flow Quality Index for Nancal Energy-Saving Tech Co across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Nancal Energy-Saving Tech Co tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Nancal Energy-Saving Tech Co (2011–2024)

Year-by-year earnings quality comparison for Nancal Energy-Saving Tech Co. For live market cap and the full company financial profile, see 603859 market cap.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 1.84x CN¥518.86 Million CN¥282.37 Million ▲ +77.3%
2023 1.04x CN¥314.71 Million CN¥303.64 Million ▲ +100.6%
2022 0.52x CN¥110.87 Million CN¥214.60 Million ▲ +74.1%
2021 0.30x CN¥49.46 Million CN¥166.69 Million ▼ -54.4%
2020 0.65x CN¥78.52 Million CN¥120.60 Million ▲ +73.3%
2019 0.38x CN¥37.69 Million CN¥100.33 Million ▲ +263.6%
2018 -0.23x CN¥-14.47 Million CN¥63.00 Million ▲ +64.4%
2017 -0.64x CN¥-28.48 Million CN¥44.16 Million ▲ +49.8%
2016 -1.29x CN¥-52.42 Million CN¥40.77 Million ▼ -234.9%
2015 0.95x CN¥36.76 Million CN¥38.57 Million ▲ +139.9%
2014 0.40x CN¥16.63 Million CN¥41.86 Million ▼ -21.7%
2013 0.51x CN¥23.86 Million CN¥47.04 Million ▼ -16.6%
2012 0.61x CN¥30.06 Million CN¥49.44 Million ▲ +215.2%
2011 0.19x CN¥8.82 Million CN¥45.73 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.