Companies by Cash Flow Quality Index

How well does operating cash flow support reported net income — a key measure of earnings quality

Companies with Data

29,390
Positive operating CF and net income required

Last Updated

Jul 2026
Quarterly + annual filings
Cash Flow Quality Index = Operating Cash Flow / Net Income
Ratios above 1.0x indicate that operating cash flow exceeds accounting net income — a sign of high-quality earnings with strong cash backing. Ratios significantly below 1.0x may signal accrual-heavy earnings that are not yet converted to cash. Investors use this metric to assess earnings reliability and detect potential manipulation.
Rank Company Quality Index Operating CF Net Income Country Price 24h Change
1901 PAN Group JSC
VN:PAN 		12.49x ₫3.36 Trillion
≈ $127.82 Million 		₫269.34 Billion Vietnam ₫21100.00 ▼ -0.47%
1902 Tien Phong Commercial Joint Stock Bank
VN:TPB 		12.49x ₫31.76 Trillion
≈ $1.21 Billion 		₫2.54 Trillion Vietnam ₫14550.00 ▼ -4.28%
1903 Globe Kita Terang Tbk PT
JK:GLOB 		12.49x Rp3.20 Billion
≈ $187.22K 		Rp255.87 Million Indonesia Rp155.00 ▲ +0.00%
1904 Banco do Brasil S.A.
SA:BBAS3 		12.48x R$37.53 Billion
≈ $7.36 Billion 		R$3.01 Billion Brazil R$20.17 ▼ -1.56%
1905 Hf Foods Group Inc
NASDAQ:HFFG 		12.48x $15.29 Million $1.23 Million USA $1.61 ▼ -2.42%
1906 Zhejiang Jiangshan Chemical Co Ltd
SHE:002061 		12.48x CN¥2.12 Billion
≈ $309.54 Million 		CN¥169.54 Million China CN¥3.61 ▲ +0.56%
1907 E&R Engineering
TWO:8027 		12.47x NT$158.59 Million
≈ $5.00 Million 		NT$12.72 Million Taiwan NT$194.00 ▼ -9.98%
1908 Europacorp
PA:ALECP 		12.45x €9.94 Million
≈ $11.62 Million 		€798.00K France €0.28 ▲ +1.08%
1909 Vianet Group Plc
LSE:VNET 		12.43x GBX2.25 Million
≈ $273.76 		GBX181.00K UK GBX66.00 ▲ +0.00%
1910 Hunan Tyen Machinery Co Ltd B
SHG:900946 		12.43x $4.90 Million $393.89K China $0.18 ▲ +0.56%
1911 PETROTAL CORP.
F:SER1 		12.43x €44.72 Million
≈ $52.28 Million 		€3.60 Million Germany €0.28 ▼ -23.31%
1912 Changyuan Group Ltd
SHG:600525 		12.42x CN¥199.08 Million
≈ $29.13 Million 		CN¥16.02 Million China CN¥4.48 ▼ -6.08%
1913 NHN KCP Corp
KQ:060250 		12.42x ₩154.20 Billion
≈ $104.50 Million 		₩12.41 Billion Korea ₩11570.00 ▼ -6.84%
1914 Krungthai Car Rent and Lease Public Company Limited
BK:KCAR 		12.42x ฿298.67 Million
≈ $9.31 Million 		฿24.05 Million Thailand ฿4.94 ▲ +0.00%
1915 Techno Medical Public Company Limited
BK:TM 		12.41x ฿96.75 Million
≈ $3.02 Million 		฿7.79 Million Thailand ฿0.92 ▼ -1.08%
1916 Taeyang Metal
KO:004100 		12.41x ₩5.49 Billion
≈ $3.72 Million 		₩442.68 Million Korea ₩2445.00 ▲ +2.09%
1917 Megaforce Co Ltd
TWO:3294 		12.41x NT$150.80 Million
≈ $4.75 Million 		NT$12.15 Million Taiwan NT$30.95 ▼ -2.67%
1918 YCC CORP
KQ:232140 		12.40x ₩32.20 Billion
≈ $21.82 Million 		₩2.60 Billion Korea ₩9460.00 ▼ -5.21%
1919 Renewi PLC
LSE:RWI 		12.40x GBX106.60 Million
≈ $12.97K 		GBX8.60 Million UK GBX868.00 ▲ +0.00%
1920 Amata Corporation Public Company Limited
BK:AMATA-R 		12.38x ฿1.73 Billion
≈ $53.99 Million 		฿139.87 Million Thailand ฿16.90 ▲ +0.60%
1921 Gabungan AQRS Bhd
KLSE:5226 		12.38x RM37.85 Million
≈ $9.50 Million 		RM3.06 Million Malaysia RM0.17 ▲ +3.13%
1922 First Steamship Co Ltd
TW:2601 		12.38x NT$755.97 Million
≈ $23.82 Million 		NT$61.08 Million Taiwan NT$6.57 ▼ -1.94%
1923 CJ Corp 4P Pref 
KO:00104K 		12.37x ₩1.78 Trillion
≈ $1.20 Billion 		₩143.58 Billion Korea ₩127800.00 ▼ -3.62%
1924 Cj Corp Pref 
KO:001045 		12.37x ₩1.78 Trillion
≈ $1.20 Billion 		₩143.58 Billion Korea ₩64300.00 ▼ -3.45%
1925 CJ Corp
KO:001040 		12.37x ₩1.78 Trillion
≈ $1.20 Billion 		₩143.58 Billion Korea ₩128700.00 ▼ -5.16%
1926 South Ocean Holdings Ltd
JSE:SOH 		12.36x ZAC192.02 Million
≈ $102.05K 		ZAC15.54 Million South Africa ZAC70.00 ▼ -30.00%
1927 Mustang Industrial
TWO:5460 		12.36x NT$17.60 Million
≈ $554.40K 		NT$1.42 Million Taiwan NT$16.65 ▼ -0.89%
1928 VP Bank AG
F:3VFN 		12.33x €156.98 Million
≈ $183.53 Million 		€12.73 Million Germany €103.00 ▲ +0.00%
1929 Eltel AB
ST:ELTEL 		12.32x Skr42.22 Million
≈ $4.54 Million 		Skr3.43 Million Sweden Skr12.90 ▲ +7.05%
1930 Hansol Inticube Co. Ltd
KQ:070590 		12.31x ₩2.57 Billion
≈ $1.74 Million 		₩208.88 Million Korea ₩1630.00 ▼ -6.32%
1931 Bertrandt Aktiengesellschaft
XETRA:BDT 		12.31x €52.92 Million
≈ $61.87 Million 		€4.30 Million Germany €8.50 ▼ -1.16%
1932 Magnetite Mines Ltd
AU:MGT 		12.31x AU$1.72 Million
≈ $1.22 Million 		AU$139.90K Australia AU$0.02 ▲ +0.00%
1933 Banco Santander Brasil SA
BA:BSBR 		12.31x AR$39.60 Billion
≈ $28.66 Million 		AR$3.22 Billion Argentina AR$8480.00 ▲ +3.16%
1934 Rani Zim Shopping Centers
TA:RANI 		12.30x ILA14.82 Million
≈ $39.73K 		ILA1.21 Million Israel ILA457.80 ▼ -2.60%
1935 Innovent Biologics Inc
F:6IB 		12.29x €10.00 Billion
≈ $11.69 Billion 		€813.57 Million Germany €10.20 ▲ +5.22%
1936 Shenzhen Fluence Technology PLC
SHE:300647 		12.29x CN¥76.52 Million
≈ $11.20 Million 		CN¥6.23 Million China CN¥4.75 ▼ -5.00%
1937 Silver Bull Resources Inc
TO:SVB 		12.29x CA$269.79K
≈ $195.16K 		CA$21.95K Canada CA$0.14 ▲ +0.00%
1938 React Group PLC
LSE:REAT 		12.29x GBX1.07 Million
≈ $130.07 		GBX87.00K UK GBX42.50 ▲ +0.00%
1939 DNF Co.Ltd
KQ:092070 		12.27x ₩6.12 Billion
≈ $4.15 Million 		₩498.77 Million Korea ₩11740.00 ▼ -5.78%
1940 Vitzro Tech Co. Ltd
KQ:042370 		12.24x ₩34.84 Billion
≈ $23.61 Million 		₩2.85 Billion Korea ₩7530.00 ▼ -5.40%
1941 Nationwide Building Society
LSE:NBS 		12.23x £4.16 Billion
≈ $5.58 Billion 		£340.00 Million UK £129.00 ▲ +0.00%
1942 Aotecar New Energy Technology Co Ltd
SHE:002239 		12.23x CN¥477.15 Million
≈ $69.82 Million 		CN¥39.02 Million China CN¥2.43 ▲ +0.00%
1943 V Zug Holding Ag
SW:VZUG 		12.22x CHF63.67 Million
≈ $80.50 Million 		CHF5.21 Million Switzerland CHF41.90 ▲ +0.00%
1944 Shanghai Ace Invest&Dvlp Co
SHG:603329 		12.22x CN¥116.68 Million
≈ $17.07 Million 		CN¥9.55 Million China CN¥9.35 ▼ -3.21%
1945 Namhae Chemical
KO:025860 		12.22x ₩124.52 Billion
≈ $84.39 Million 		₩10.19 Billion Korea ₩5850.00 ▼ -0.85%
1946 Christiani & Nielsen (Thai) Public Company Limited
BK:CNT 		12.22x ฿282.73 Million
≈ $8.81 Million 		฿23.14 Million Thailand ฿2.00 ▼ -3.85%
1947 Academies Australasia Group Ltd
AU:AKG 		12.21x AU$1.03 Million
≈ $725.96K 		AU$84.00K Australia AU$0.07 ▲ +0.00%
1948 DnB ASA
OL:DNB 		12.21x Nkr120.48 Billion
≈ $12.68 Billion 		Nkr9.87 Billion Norway Nkr294.60 ▼ -0.61%
1949 Leo Systems
TWO:5410 		12.21x NT$625.55 Million
≈ $19.71 Million 		NT$51.24 Million Taiwan NT$36.05 ▼ -1.23%
1950 TPG Telecom Ltd
AU:TPG 		12.20x AU$744.00 Million
≈ $526.43 Million 		AU$61.00 Million Australia AU$3.58 ▲ +0.00%
1951 Paninvest Tbk
JK:PNIN 		12.20x Rp1.27 Trillion
≈ $74.52 Million 		Rp104.27 Billion Indonesia Rp745.00 ▼ -0.67%
1952 AVIC Aircraft Co Ltd
SHE:000768 		12.20x CN¥3.70 Billion
≈ $541.62 Million 		CN¥303.48 Million China CN¥20.40 ▲ +3.19%
1953 ZK International Group Co Ltd
NASDAQ:ZKIN 		12.19x $1.07 Million $87.83K USA $1.39 ▲ +0.00%
1954 São Martinho S.A
SA:SMTO3 		12.18x R$2.11 Billion
≈ $413.24 Million 		R$172.85 Million Brazil R$15.41 ▼ -0.26%
1955 MITCON Consultancy & Engineering Services Limited
NSE:MITCON 		12.18x Rs206.18 Million
≈ $2.23 Million 		Rs16.93 Million India Rs72.66 ▼ -3.06%
1956 Tingo Group Inc.
NASDAQ:TIO 		12.16x $245.88 Million $20.22 Million USA $0.02 ▲ +77.60%
1957 Via Transportation, Inc.
NASDAQ:VIA 		12.16x $20.12 Million $1.66 Million USA $18.59 ▲ +3.51%
1958 Farmer Bros. Co
NASDAQ:FARM 		12.16x $2.55 Million $210.00K USA $1.28 ▼ -0.78%
1959 FIC Global Inc
TW:3701 		12.14x NT$451.59 Million
≈ $14.23 Million 		NT$37.18 Million Taiwan NT$37.95 ▼ -3.19%
1960 Taiwan FamilyMart Co Ltd
TWO:5903 		12.14x NT$4.27 Billion
≈ $134.45 Million 		NT$351.48 Million Taiwan NT$188.50 ▲ +0.27%
1961 Mangalore Refinery and Petrochemicals Limited
NSE:MRPL 		12.13x Rs43.28 Billion
≈ $468.08 Million 		Rs3.57 Billion India Rs170.92 ▼ -2.05%
1962 Jiayin Group Inc
NASDAQ:JFIN 		12.13x $3.39 Billion $279.71 Million USA $2.48 ▼ -0.40%
1963 RF Industries Ltd
NASDAQ:RFIL 		12.13x $2.10 Million $173.00K USA $13.03 ▼ -0.84%
1964 Temapol Polimer Plastik ve Insaat Sanayi Ticaret AS
IS:TMPOL 		12.13x TL91.00 Million
≈ $2.04 Million 		TL7.50 Million Turkey TL430.25 ▼ -0.64%
1965 Invesco Advantage MIT II
NYSE MKT:VKI 		12.11x $43.72 Million $3.61 Million USA $8.75 ▲ +0.34%
1966 Ability Opto-Electronics Technology Co Ltd
TWO:3362 		12.11x NT$143.81 Million
≈ $4.53 Million 		NT$11.88 Million Taiwan NT$148.50 ▼ -4.81%
1967 Wolford Aktiengesellschaft
VI:WOL 		12.10x €4.24 Million
≈ $4.96 Million 		€350.50K Austria €2.00 ▼ -0.99%
1968 China United Network Communications Ltd
SHG:600050 		12.10x CN¥29.32 Billion
≈ $4.29 Billion 		CN¥2.42 Billion China CN¥4.40 ▲ +3.29%
1969 Gitlab Inc
NASDAQ:GTLB 		12.10x $63.22 Million $5.23 Million USA $34.07 ▲ +4.13%
1970 Guangdong Jia Yuan Technology Co Ltd
SHG:688388 		12.08x CN¥49.79 Million
≈ $7.29 Million 		CN¥4.12 Million China CN¥24.08 ▼ -16.24%
1971 Grupo Supervielle S.A. B
BA:SUPV 		12.08x AR$164.27 Billion
≈ $118.87 Million 		AR$13.60 Billion Argentina AR$3025.00 ▼ -0.49%
1972 Grupo Supervielle S.A
F:189A 		12.08x €164.27 Billion
≈ $192.05 Billion 		€13.60 Billion Germany €8.35 ▲ +0.00%
1973 Reading International B Inc
NASDAQ:RDIB 		12.07x $4.26 Million $353.00K USA $8.56 ▼ -4.99%
1974 Banco Santander Brasil SA ADR
NYSE:BSBR 		12.07x $39.60 Billion $3.28 Billion USA $5.95 ▼ -3.25%
1975 ScinoPharm Taiwan Ltd
TW:1789 		12.07x NT$199.47 Million
≈ $6.28 Million 		NT$16.53 Million Taiwan NT$19.95 ▲ +0.50%
1976 Humble Group AB
ST:HUMBLE 		12.07x Skr181.00 Million
≈ $19.48 Million 		Skr15.00 Million Sweden Skr6.09 ▼ -1.46%
1977 Wuxi Huaguang Boiler Co Ltd
SHG:600475 		12.06x CN¥709.48 Million
≈ $103.82 Million 		CN¥58.83 Million China CN¥12.69 ▲ +2.34%
1978 Bank Pembangunan Daerah Banten Tbk PT
JK:BEKS 		12.05x Rp504.05 Billion
≈ $29.54 Million 		Rp41.82 Billion Indonesia Rp22.00 ▲ +4.76%
1979 DYO Boya Fabrikalari Sanayi ve Ticaret AS
IS:DYOBY 		12.03x TL562.55 Million
≈ $12.60 Million 		TL46.75 Million Turkey TL13.41 ▼ -0.07%
1980 Rongan Property Co Ltd
SHE:000517 		12.03x CN¥206.09 Million
≈ $30.16 Million 		CN¥17.13 Million China CN¥1.67 ▲ +0.00%
1981 Collins Foods Ltd
AU:CKF 		12.01x AU$106.10 Million
≈ $75.07 Million 		AU$8.83 Million Australia AU$7.92 ▼ -0.50%
1982 Tellgen Corp
SHE:300642 		12.00x CN¥36.19 Million
≈ $5.30 Million 		CN¥3.02 Million China CN¥12.14 ▼ -3.50%
1983 Inter-M Corporation
KQ:017250 		11.99x ₩1.11 Billion
≈ $754.32K 		₩92.81 Million Korea ₩1016.00 ▲ +2.01%
1984 Indonesian Paradise Property
JK:INPP 		11.99x Rp73.28 Billion
≈ $4.29 Million 		Rp6.11 Billion Indonesia Rp695.00 ▲ +0.00%
1985 Hengbao Co Ltd
SHE:002104 		11.98x CN¥23.28 Million
≈ $3.41 Million 		CN¥1.94 Million China CN¥9.20 ▲ +1.21%
1986 Spectris PLC
LSE:SXS 		11.96x GBX62.20 Million
≈ $7.57K 		GBX5.20 Million UK GBX4142.00 ▲ +0.00%
1987 Tontek Design Technology Ltd
TWO:5487 		11.96x NT$11.26 Million
≈ $354.59K 		NT$941.00K Taiwan NT$27.65 ▼ -3.49%
1988 Orior AG
SW:ORON 		11.94x CHF7.98 Million
≈ $10.09 Million 		CHF668.50K Switzerland CHF15.50 ▼ -0.77%
1989 Dongguan Mentech Optical & Magnetic Co Ltd
SHE:002902 		11.94x CN¥40.07 Million
≈ $5.86 Million 		CN¥3.36 Million China CN¥20.54 ▼ -7.23%
1990 Freeport Resources Inc
V:FRI 		11.93x CA$30.35K
≈ $21.95K 		CA$2.54K Canada CA$0.05 ▲ +0.00%
1991 Pan Entertainment Co. Ltd
KQ:068050 		11.91x ₩3.79 Billion
≈ $2.57 Million 		₩318.43 Million Korea ₩1134.00 ▼ -4.14%
1992 Green Rise Capital Corp
V:GRF 		11.91x CA$2.78 Million
≈ $2.01 Million 		CA$233.00K Canada CA$0.20 ▲ +0.00%
1993 Success Prime Corp
TW:2496 		11.91x NT$138.76 Million
≈ $4.37 Million 		NT$11.65 Million Taiwan NT$60.70 ▲ +0.33%
1994 Kumho Electric
KO:001210 		11.90x ₩1.45 Billion
≈ $981.13K 		₩121.65 Million Korea ₩894.00 ▲ +0.00%
1995 Univentures Public Company Limited
BK:UV 		11.89x ฿926.77 Million
≈ $28.89 Million 		฿77.94 Million Thailand ฿1.11 ▲ +0.00%
1996 Digitalbox PLC
LSE:DBOX 		11.88x GBX202.00K
≈ $24.58 		GBX17.00K UK GBX5.65 ▲ +0.00%
1997 Yulho Co. Ltd
KQ:072770 		11.88x ₩1.82 Billion
≈ $1.23 Million 		₩153.32 Million Korea ₩930.00 ▼ -11.68%
1998 Shandong Hongchuang Aluminum Industry Holding Co Ltd
SHE:002379 		11.87x CN¥36.57 Million
≈ $5.35 Million 		CN¥3.08 Million China CN¥18.80 ▲ +3.92%
1999 Hwa Fong Rubber (Thailand) Public Company Limited
BK:HFT 		11.87x ฿167.37 Million
≈ $5.22 Million 		฿14.10 Million Thailand ฿3.98 ▼ -0.50%
2000 Astro Malaysia Holdings Bhd
KLSE:6399 		11.87x RM167.30 Million
≈ $42.00 Million 		RM14.10 Million Malaysia RM0.06 ▼ -7.69%