Csd Water Service Co Ltd (603903) — Cash Flow Quality Index

Latest as of September 2025: 4.35x

Csd Water Service Co Ltd (603903) has a Cash Flow Quality Index of 4.35x as of September 2025. Operating cash flow of CN¥163.44 Million exceeds net income of CN¥37.59 Million, indicating high earnings quality where cash backs reported profits. Explore Csd Water Service Co Ltd (603903) cash conversion ratio to assess how effectively this company generates cash.

Cash Flow Quality Index

4.35x
Operating CF / Net Income

Operating Cash Flow

CN¥163.44 Million
CNY

Net Income

CN¥37.59 Million
CNY

Data as of

Sep 2025
Most recent filing

Csd Water Service Co Ltd Cash Flow Quality Index (2012–2023)

Historical Cash Flow Quality Index for Csd Water Service Co Ltd across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 603903 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Csd Water Service Co Ltd (2012–2023)

Year-by-year earnings quality comparison for Csd Water Service Co Ltd. For live market cap and the full company financial profile, see Csd Water Service Co Ltd (603903) market capitalisation.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 1.13x CN¥197.91 Million CN¥174.82 Million ▲ +2658.7%
2022 0.04x CN¥5.32 Million CN¥129.58 Million ▼ -87.7%
2021 0.33x CN¥62.79 Million CN¥188.34 Million ▼ -82.3%
2020 1.89x CN¥319.17 Million CN¥169.21 Million ▲ +5.1%
2019 1.79x CN¥265.77 Million CN¥148.12 Million ▲ +420.9%
2018 0.34x CN¥36.88 Million CN¥107.05 Million ▲ +114.1%
2017 -2.44x CN¥-153.72 Million CN¥62.94 Million ▼ -220.6%
2016 2.02x CN¥97.95 Million CN¥48.38 Million ▲ +2150.0%
2015 -0.10x CN¥-4.61 Million CN¥46.67 Million ▼ -108.5%
2014 1.16x CN¥46.21 Million CN¥39.86 Million ▲ +155.4%
2013 -2.09x CN¥-54.16 Million CN¥25.86 Million ▲ +55.2%
2012 -4.68x CN¥-42.92 Million CN¥9.17 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.