Wave Cyber Shanghai Co Ltd (688718) — Cash Flow Quality Index
Wave Cyber Shanghai Co Ltd (688718) has a Cash Flow Quality Index of 1.84x as of September 2025. Operating cash flow of CN¥21.99 Million exceeds net income of CN¥11.96 Million, indicating high earnings quality where cash backs reported profits. Explore Wave Cyber Shanghai Co Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Wave Cyber Shanghai Co Ltd Cash Flow Quality Index (2017–2024)
Historical Cash Flow Quality Index for Wave Cyber Shanghai Co Ltd across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 688718 cash flow metrics.
Annual Cash Flow Quality Index for Wave Cyber Shanghai Co Ltd (2017–2024)
Year-by-year earnings quality comparison for Wave Cyber Shanghai Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.72x | CN¥26.66 Million | CN¥36.93 Million | ▲ +43.2% |
| 2023 | 0.50x | CN¥22.65 Million | CN¥44.94 Million | ▼ -57.4% |
| 2022 | 1.18x | CN¥37.08 Million | CN¥31.38 Million | ▲ +46.4% |
| 2021 | 0.81x | CN¥40.75 Million | CN¥50.48 Million | ▼ -58.6% |
| 2020 | 1.95x | CN¥91.09 Million | CN¥46.76 Million | ▲ +96.6% |
| 2019 | 0.99x | CN¥65.58 Million | CN¥66.18 Million | ▼ -15.8% |
| 2018 | 1.18x | CN¥64.00 Million | CN¥54.40 Million | ▼ -14.5% |
| 2017 | 1.38x | CN¥65.25 Million | CN¥47.42 Million | — |