Shanghai Zhenhua Heavy Industries Co Ltd B (900947) — Cash Flow Quality Index

Latest as of June 2023: 15.41x

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. Also explore total assets of Shanghai Zhenhua Heavy Industries Co Ltd for the complete picture of this company's asset base.

Cash Flow Quality Index

15.41x
Operating CF / Net Income

Operating Cash Flow

$2.32 Billion
USD

Net Income

$150.35 Million
USD

Data as of

Jun 2023
Most recent filing

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 900947 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

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 900947 company 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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.