Zhejiang Power New Energy Co. Ltd. A (688184) — Cash Flow Quality Index
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. Also explore Zhejiang Power New Energy Co. Ltd. A balance sheet assets for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
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 Zhejiang Power New Energy Co. Ltd. A stock valuation.
| 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 | — |