WPG (Shanghai) Smart Water Public Co. Ltd (603956) — Cash Flow Quality Index
WPG (Shanghai) Smart Water Public Co. Ltd (603956) has a Cash Flow Quality Index of 5.92x as of September 2025. Operating cash flow of CN¥37.89 Million exceeds net income of CN¥6.40 Million, indicating high earnings quality where cash backs reported profits. Also explore 603956 asset base for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
WPG (Shanghai) Smart Water Public Co. Ltd Cash Flow Quality Index (2014–2023)
Historical Cash Flow Quality Index for WPG (Shanghai) Smart Water Public Co. Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 603956 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for WPG (Shanghai) Smart Water Public Co. Ltd (2014–2023)
Year-by-year earnings quality comparison for WPG (Shanghai) Smart Water Public Co. Ltd. For live market cap and the full company financial profile, see WPG (Shanghai) Smart Water Public Co. Lt (603956) market capitalisation.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 1.23x | CN¥24.96 Million | CN¥20.24 Million | ▲ +641.1% |
| 2021 | -0.23x | CN¥-44.76 Million | CN¥196.36 Million | ▼ -118.8% |
| 2020 | 1.21x | CN¥206.52 Million | CN¥170.59 Million | ▲ +62.4% |
| 2019 | 0.75x | CN¥89.74 Million | CN¥120.40 Million | ▲ +38.9% |
| 2018 | 0.54x | CN¥62.21 Million | CN¥115.91 Million | ▲ +47.0% |
| 2017 | 0.37x | CN¥39.78 Million | CN¥108.91 Million | ▼ -56.5% |
| 2016 | 0.84x | CN¥87.42 Million | CN¥104.24 Million | ▲ +23.9% |
| 2015 | 0.68x | CN¥61.98 Million | CN¥91.60 Million | ▲ +192.8% |
| 2014 | 0.23x | CN¥15.89 Million | CN¥68.78 Million | — |