Mi Chang Oil (003650) — Cash Flow Quality Index
Mi Chang Oil (003650) has a Cash Flow Quality Index of -0.39x as of December 2025. Operating cash flow of ₩-7.68 Billion is below net income of ₩19.92 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore 003650 long-term investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Mi Chang Oil Cash Flow Quality Index (2009–2025)
Historical Cash Flow Quality Index for Mi Chang Oil across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 003650 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Mi Chang Oil (2009–2025)
Year-by-year earnings quality comparison for Mi Chang Oil. For live market cap and the full company financial profile, see Mi Chang Oil (003650) total market value.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.59x | ₩40.34 Billion | ₩68.87 Billion | ▲ +30.0% |
| 2024 | 0.45x | ₩23.71 Billion | ₩52.63 Billion | ▼ -60.3% |
| 2023 | 1.14x | ₩54.10 Billion | ₩47.65 Billion | ▲ +73.3% |
| 2022 | 0.66x | ₩15.32 Billion | ₩23.38 Billion | ▲ +42.5% |
| 2021 | 0.46x | ₩15.24 Billion | ₩33.14 Billion | ▼ -76.3% |
| 2020 | 1.94x | ₩38.16 Billion | ₩19.68 Billion | ▲ +430.9% |
| 2019 | 0.37x | ₩6.48 Billion | ₩17.73 Billion | ▼ -67.6% |
| 2018 | 1.13x | ₩12.09 Billion | ₩10.72 Billion | ▲ +415.3% |
| 2017 | -0.36x | ₩-4.46 Billion | ₩12.47 Billion | ▼ -138.4% |
| 2016 | 0.93x | ₩28.60 Billion | ₩30.73 Billion | ▼ -41.8% |
| 2015 | 1.60x | ₩40.17 Billion | ₩25.10 Billion | ▼ -12.6% |
| 2014 | 1.83x | ₩29.25 Billion | ₩15.98 Billion | ▲ +49.2% |
| 2013 | 1.23x | ₩21.39 Billion | ₩17.44 Billion | ▲ +27.6% |
| 2012 | 0.96x | ₩23.71 Billion | ₩24.67 Billion | ▲ +806.7% |
| 2011 | -0.14x | ₩-2.84 Billion | ₩20.91 Billion | ▼ -140.9% |
| 2010 | 0.33x | ₩7.21 Billion | ₩21.71 Billion | ▼ -65.6% |
| 2009 | 0.96x | ₩24.38 Billion | ₩25.27 Billion | — |