Zhiyang Innovation Technology Co. Ltd. A (688191) — Cash Flow Quality Index
Zhiyang Innovation Technology Co. Ltd. A (688191) has a Cash Flow Quality Index of -0.86x as of September 2025. Operating cash flow of CN¥-23.17 Million is below net income of CN¥26.86 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Zhiyang Innovation Technology Co. Ltd. A (688191) total assets for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Zhiyang Innovation Technology Co. Ltd. A Cash Flow Quality Index (2012–2024)
Historical Cash Flow Quality Index for Zhiyang Innovation Technology Co. Ltd. A across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Zhiyang Innovation Technology Co. Ltd. A's equity to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Zhiyang Innovation Technology Co. Ltd. A (2012–2024)
Year-by-year earnings quality comparison for Zhiyang Innovation Technology Co. Ltd. A. For live market cap and the full company financial profile, see Zhiyang Innovation Technology Co. Ltd. A (688191) market capitalisation.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.45x | CN¥73.16 Million | CN¥50.61 Million | ▼ -46.3% |
| 2023 | 2.69x | CN¥110.04 Million | CN¥40.90 Million | ▲ +171.6% |
| 2022 | 0.99x | CN¥27.46 Million | CN¥27.72 Million | ▲ +237.5% |
| 2021 | -0.72x | CN¥-50.76 Million | CN¥70.47 Million | ▼ -225.4% |
| 2020 | 0.57x | CN¥52.93 Million | CN¥92.18 Million | ▲ +42.4% |
| 2019 | 0.40x | CN¥34.39 Million | CN¥85.28 Million | ▲ +440.2% |
| 2018 | 0.07x | CN¥2.98 Million | CN¥39.97 Million | ▼ -90.2% |
| 2017 | 0.76x | CN¥21.66 Million | CN¥28.43 Million | ▲ +180.3% |
| 2014 | -0.95x | CN¥-7.13 Million | CN¥7.51 Million | ▼ -156.7% |
| 2013 | 1.67x | CN¥2.00 Million | CN¥1.20 Million | ▼ -34.3% |
| 2012 | 2.55x | CN¥1.34 Million | CN¥526.58K | — |