Zhejiang MustangBattery Co.Ltd (605378) — Cash Flow Quality Index
Zhejiang MustangBattery Co.Ltd (605378) has a Cash Flow Quality Index of -1.48x as of September 2025. Operating cash flow of CN¥-35.51 Million is below net income of CN¥24.03 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 605378 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Zhejiang MustangBattery Co.Ltd Cash Flow Quality Index (2016–2025)
Historical Cash Flow Quality Index for Zhejiang MustangBattery Co.Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Zhejiang MustangBattery Co.Ltd operating cash flow efficiency.
Annual Cash Flow Quality Index for Zhejiang MustangBattery Co.Ltd (2016–2025)
Year-by-year earnings quality comparison for Zhejiang MustangBattery Co.Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.82x | CN¥164.31 Million | CN¥58.24 Million | ▲ +434.1% |
| 2024 | 0.53x | CN¥80.70 Million | CN¥152.78 Million | ▼ -46.0% |
| 2023 | 0.98x | CN¥103.27 Million | CN¥105.54 Million | ▼ -41.5% |
| 2022 | 1.67x | CN¥165.12 Million | CN¥98.67 Million | ▲ +62.7% |
| 2021 | 1.03x | CN¥77.99 Million | CN¥75.84 Million | ▼ -19.9% |
| 2020 | 1.28x | CN¥151.77 Million | CN¥118.27 Million | ▼ -19.1% |
| 2019 | 1.59x | CN¥195.34 Million | CN¥123.20 Million | ▲ +126.5% |
| 2018 | 0.70x | CN¥73.37 Million | CN¥104.83 Million | ▼ -68.4% |
| 2017 | 2.21x | CN¥120.23 Million | CN¥54.37 Million | ▲ +156.7% |
| 2016 | 0.86x | CN¥115.47 Million | CN¥134.03 Million | — |