Zhejiang Power New Energy Co. Ltd. A Cash Flow Quality Index

Latest as of December 2023: 7.75x

Zhejiang Power New Energy Co. Ltd. A 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. See 688184 financial flexibility score to measure the company's free cash flow as a share of total liabilities.

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

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

Cash flow quality index of Zhejiang Power New Energy Co. Ltd. A from 2020 to 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. Explore Zhejiang Power New Energy Co. Ltd. A cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

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

Zhejiang Power New Energy Co. Ltd. A cash flow quality index by year from 2020 to 2023. Year-by-year earnings quality comparison for Zhejiang Power New Energy Co. Ltd. A. For the full cash flow conversion analysis, see how efficiently does Zhejiang Power New Energy Co. Ltd. A generate cash.

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.