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. Explore Zhejiang Grandwall Electric Science&Tech (603897) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see cash efficiency ratio of Zhejiang Grandwall Electric Science&Tech.
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.
| 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 | — |