Csd Water Service Co Ltd (603903) — Cash Flow Quality Index
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 cash flow to debt ratio of Csd Water Service Co Ltd to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see 603903 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.
| 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 | — |