Zhejiang Changhua Auto Parts Co Ltd (605018) — Cash Flow Quality Index

Latest as of September 2025: 4.70x

Zhejiang Changhua Auto Parts Co Ltd (605018) has a Cash Flow Quality Index of 4.70x as of September 2025. Operating cash flow of CN¥129.58 Million exceeds net income of CN¥27.57 Million, indicating high earnings quality where cash backs reported profits. Explore Zhejiang Changhua Auto Parts Co Ltd (605018) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

4.70x
Operating CF / Net Income

Operating Cash Flow

CN¥129.58 Million
CNY

Net Income

CN¥27.57 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Changhua Auto Parts Co Ltd Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for Zhejiang Changhua Auto Parts Co Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Zhejiang Changhua Auto Parts Co Ltd operating cash flow efficiency.

Annual Cash Flow Quality Index for Zhejiang Changhua Auto Parts Co Ltd (2016–2024)

Year-by-year earnings quality comparison for Zhejiang Changhua Auto Parts Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 3.26x CN¥370.15 Million CN¥113.68 Million ▲ +128.3%
2023 1.43x CN¥155.74 Million CN¥109.22 Million ▼ -15.7%
2022 1.69x CN¥185.35 Million CN¥109.51 Million ▼ -5.6%
2021 1.79x CN¥279.51 Million CN¥155.89 Million ▲ +70.9%
2020 1.05x CN¥210.62 Million CN¥200.72 Million ▼ -28.4%
2019 1.47x CN¥301.32 Million CN¥205.51 Million ▲ +46.9%
2018 1.00x CN¥208.19 Million CN¥208.64 Million ▼ -5.8%
2017 1.06x CN¥232.43 Million CN¥219.35 Million ▲ +22.7%
2016 0.86x CN¥167.29 Million CN¥193.64 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.