Zhuzhou CRRC Times Electric Co Ltd (688187) — Cash Flow Quality Index

Latest as of December 2023: 2.87x

Zhuzhou CRRC Times Electric Co Ltd (688187) has a Cash Flow Quality Index of 2.87x as of December 2023. Operating cash flow of CN¥3.02 Billion exceeds net income of CN¥1.05 Billion, indicating high earnings quality where cash backs reported profits. Explore Zhuzhou CRRC Times Electric Co Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.87x
Operating CF / Net Income

Operating Cash Flow

CN¥3.02 Billion
CNY

Net Income

CN¥1.05 Billion
CNY

Data as of

Dec 2023
Most recent filing

Zhuzhou CRRC Times Electric Co Ltd Cash Flow Quality Index (2019–2024)

Historical Cash Flow Quality Index for Zhuzhou CRRC Times Electric Co Ltd across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Zhuzhou CRRC Times Electric Co Ltd cash flow conversion.

Annual Cash Flow Quality Index for Zhuzhou CRRC Times Electric Co Ltd (2019–2024)

Year-by-year earnings quality comparison for Zhuzhou CRRC Times Electric Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 0.91x CN¥3.36 Billion CN¥3.70 Billion ▲ +96.2%
2023 0.46x CN¥1.44 Billion CN¥3.11 Billion ▼ -42.1%
2022 0.80x CN¥2.04 Billion CN¥2.56 Billion ▼ -25.1%
2021 1.07x CN¥2.15 Billion CN¥2.02 Billion ▲ +51.0%
2020 0.71x CN¥1.75 Billion CN¥2.48 Billion ▼ -6.9%
2019 0.76x CN¥2.02 Billion CN¥2.66 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.