Shenzhen Newway Photomask Making Co. Ltd. A (688401) — Cash Flow Quality Index
Shenzhen Newway Photomask Making Co. Ltd. A (688401) has a Cash Flow Quality Index of 1.40x as of December 2025. Operating cash flow of CN¥353.78 Million exceeds net income of CN¥251.98 Million, indicating high earnings quality where cash backs reported profits. Also explore 688401 asset base for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shenzhen Newway Photomask Making Co. Ltd. A Cash Flow Quality Index (2020–2025)
Historical Cash Flow Quality Index for Shenzhen Newway Photomask Making Co. Ltd. A across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Shenzhen Newway Photomask Making Co. Ltd to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Shenzhen Newway Photomask Making Co. Ltd. A (2020–2025)
Year-by-year earnings quality comparison for Shenzhen Newway Photomask Making Co. Ltd. A. For live market cap and the full company financial profile, see 688401 market cap overview.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.40x | CN¥353.78 Million | CN¥251.98 Million | ▲ +0.4% |
| 2024 | 1.40x | CN¥266.95 Million | CN¥190.86 Million | ▲ +27.1% |
| 2023 | 1.10x | CN¥166.69 Million | CN¥151.52 Million | ▼ -55.6% |
| 2022 | 2.48x | CN¥298.56 Million | CN¥120.47 Million | ▲ +158.6% |
| 2021 | 0.96x | CN¥134.46 Million | CN¥140.32 Million | ▼ -72.4% |
| 2020 | 3.47x | CN¥112.66 Million | CN¥32.46 Million | — |