Zhejiang Grandwall Electric Science&Technology Co Ltd Class A (603897) — Cash Flow Quality Index
Zhejiang Grandwall Electric Science&Technology Co Ltd Class A (603897) has a Cash Flow Quality Index of 4.56x as of June 2023. Operating cash flow of CN¥144.94 Million exceeds net income of CN¥31.77 Million, indicating high earnings quality where cash backs reported profits. Also explore how large is Zhejiang Grandwall Electric Science&Tech's balance sheet for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Zhejiang Grandwall Electric Science&Technology Co Ltd Class A Cash Flow Quality Index (2016–2024)
Historical Cash Flow Quality Index for Zhejiang Grandwall Electric Science&Technology Co Ltd Class A across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 603897 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Zhejiang Grandwall Electric Science&Technology Co Ltd Class A (2016–2024)
Year-by-year earnings quality comparison for Zhejiang Grandwall Electric Science&Technology Co Ltd Class A. For live market cap and the full company financial profile, see Zhejiang Grandwall Electric Science&Tech stock valuation.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -0.01x | CN¥-3.52 Million | CN¥236.10 Million | ▼ -102.0% |
| 2023 | 0.75x | CN¥163.36 Million | CN¥216.51 Million | ▼ -45.0% |
| 2022 | 1.37x | CN¥186.76 Million | CN¥136.18 Million | ▲ +230.1% |
| 2021 | -1.05x | CN¥-359.48 Million | CN¥341.10 Million | ▼ -173.6% |
| 2020 | 1.43x | CN¥249.37 Million | CN¥174.22 Million | ▼ -41.4% |
| 2019 | 2.44x | CN¥380.87 Million | CN¥155.84 Million | ▲ +219.1% |
| 2018 | -2.05x | CN¥-370.95 Million | CN¥180.80 Million | ▼ -612.7% |
| 2017 | 0.40x | CN¥70.99 Million | CN¥177.42 Million | ▼ -13.1% |
| 2016 | 0.46x | CN¥52.45 Million | CN¥113.85 Million | — |