Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A (688565) — Cash Flow Quality Index

Latest as of December 2020: 1.03x

Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A (688565) has a Cash Flow Quality Index of 1.03x as of December 2020. Operating cash flow of CN¥24.18 Million exceeds net income of CN¥23.39 Million, indicating high earnings quality where cash backs reported profits. Also explore Zhejiang Haiyan Power System Resources E balance sheet assets for the complete picture of this company's asset base.

Cash Flow Quality Index

1.03x
Operating CF / Net Income

Operating Cash Flow

CN¥24.18 Million
CNY

Net Income

CN¥23.39 Million
CNY

Data as of

Dec 2020
Most recent filing

Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A Cash Flow Quality Index (2017–2024)

Historical Cash Flow Quality Index for Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 688565 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A (2017–2024)

Year-by-year earnings quality comparison for Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A. For live market cap and the full company financial profile, see market cap of Zhejiang Haiyan Power System Resources E.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 22.35x CN¥56.74 Million CN¥2.54 Million ▲ +1754.9%
2021 -1.35x CN¥-23.29 Million CN¥17.25 Million ▼ -343.8%
2020 0.55x CN¥24.41 Million CN¥44.06 Million ▲ +66.5%
2019 0.33x CN¥17.36 Million CN¥52.17 Million ▲ +349.5%
2018 -0.13x CN¥-6.28 Million CN¥47.13 Million ▼ -122.1%
2017 0.60x CN¥15.32 Million CN¥25.35 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.