Shanghai Zhenhua Heavy Industries Co Ltd B (900947) — Cash Flow Quality Index
Shanghai Zhenhua Heavy Industries Co Ltd B (900947) has a Cash Flow Quality Index of 15.41x as of June 2023. Operating cash flow of $2.32 Billion exceeds net income of $150.35 Million, indicating high earnings quality where cash backs reported profits. Explore Shanghai Zhenhua Heavy Industries Co Ltd operating cash flow efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shanghai Zhenhua Heavy Industries Co Ltd B Cash Flow Quality Index (2016–2024)
Historical Cash Flow Quality Index for Shanghai Zhenhua Heavy Industries Co Ltd B across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check cash flow reinvestment rate of Shanghai Zhenhua Heavy Industries Co Ltd to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Shanghai Zhenhua Heavy Industries Co Ltd B (2016–2024)
Year-by-year earnings quality comparison for Shanghai Zhenhua Heavy Industries Co Ltd B. For live market cap and the full company financial profile, see Shanghai Zhenhua Heavy Industries Co Ltd market cap and net worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 9.89x | $5.28 Billion | $533.52 Million | ▼ -0.8% |
| 2023 | 9.97x | $5.18 Billion | $519.98 Million | ▲ +44.4% |
| 2022 | 6.91x | $2.57 Billion | $371.94 Million | ▲ +43.3% |
| 2021 | 4.82x | $2.12 Billion | $439.84 Million | ▲ +148.3% |
| 2020 | 1.94x | $819.39 Million | $422.24 Million | ▼ -22.6% |
| 2019 | 2.51x | $1.29 Billion | $514.93 Million | ▲ +100.4% |
| 2018 | 1.25x | $553.94 Million | $443.01 Million | ▼ -71.8% |
| 2017 | 4.44x | $1.33 Billion | $300.20 Million | ▼ -43.2% |
| 2016 | 7.81x | $1.66 Billion | $212.42 Million | — |