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 Mi Chang Oil cash conversion from operations to assess how effectively this company generates cash.
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 Mi Chang Oil investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 market capitalisation.
| 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 | — |