Zhejiang Power New Energy Co. Ltd. A (688184) — Cash Flow Quality Index

Latest as of December 2023: 7.75x

Zhejiang Power New Energy Co. Ltd. A (688184) has a Cash Flow Quality Index of 7.75x as of December 2023. Operating cash flow of CN¥148.13 Million exceeds net income of CN¥19.12 Million, indicating high earnings quality where cash backs reported profits. Explore Zhejiang Power New Energy Co. Ltd. A (688184) cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

7.75x
Operating CF / Net Income

Operating Cash Flow

CN¥148.13 Million
CNY

Net Income

CN¥19.12 Million
CNY

Data as of

Dec 2023
Most recent filing

Zhejiang Power New Energy Co. Ltd. A Cash Flow Quality Index (2020–2023)

Historical Cash Flow Quality Index for Zhejiang Power New Energy Co. Ltd. A across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 688184 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Zhejiang Power New Energy Co. Ltd. A (2020–2023)

Year-by-year earnings quality comparison for Zhejiang Power New Energy Co. Ltd. A. For live market cap and the full company financial profile, see 688184 market cap.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2023 7.75x CN¥148.13 Million CN¥19.12 Million ▲ +5313.0%
2022 0.14x CN¥21.17 Million CN¥147.94 Million ▲ +105.0%
2021 -2.89x CN¥-240.98 Million CN¥83.42 Million ▼ -419.0%
2020 0.91x CN¥37.12 Million CN¥40.98 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.