Daechang Forgi Cash Flow Quality Index
Daechang Forgi cash flow quality index. Daechang Forgi (015230) has a Cash Flow Quality Index of -0.13x as of September 2025. Operating cash flow of ₩-1.14 Billion is below net income of ₩8.96 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Daechang Forgi (015230) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Daechang Forgi (2003–2024)
Cash flow quality index of Daechang Forgi from 2003 to 2024. Historical Cash Flow Quality Index for Daechang Forgi across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Daechang Forgi balance sheet quality to measure how much of total assets are equity-financed.
Daechang Forgi Cash Flow Quality Index by Year (2003–2024)
Daechang Forgi cash flow quality index by year from 2003 to 2024. Year-by-year earnings quality comparison for Daechang Forgi. For the full cash flow conversion analysis, see Daechang Forgi cash flow conversion.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.22x | ₩40.93 Billion | ₩33.57 Billion | ▼ -43.7% |
| 2023 | 2.16x | ₩73.42 Billion | ₩33.94 Billion | ▲ +190.2% |
| 2022 | 0.75x | ₩29.29 Billion | ₩39.28 Billion | ▲ +247.7% |
| 2021 | -0.50x | ₩-13.45 Billion | ₩26.64 Billion | ▼ -151.0% |
| 2020 | 0.99x | ₩13.16 Billion | ₩13.29 Billion | ▼ -68.1% |
| 2019 | 3.10x | ₩44.81 Billion | ₩14.44 Billion | ▲ +1229.2% |
| 2018 | -0.27x | ₩-3.30 Billion | ₩12.00 Billion | ▼ -974.8% |
| 2017 | -0.03x | ₩-313.81 Million | ₩12.27 Billion | ▼ -114.7% |
| 2016 | 0.17x | ₩2.43 Billion | ₩13.94 Billion | ▼ -84.8% |
| 2015 | 1.14x | ₩17.96 Billion | ₩15.72 Billion | ▲ +150.2% |
| 2014 | 0.46x | ₩8.47 Billion | ₩18.55 Billion | ▼ -67.3% |
| 2013 | 1.40x | ₩25.13 Billion | ₩17.98 Billion | ▼ -10.5% |
| 2012 | 1.56x | ₩36.69 Billion | ₩23.50 Billion | ▲ +35.0% |
| 2011 | 1.16x | ₩25.18 Billion | ₩21.77 Billion | ▼ -87.1% |
| 2009 | 8.94x | ₩31.15 Billion | ₩3.48 Billion | ▲ +154.0% |
| 2007 | 3.52x | ₩12.41 Billion | ₩3.53 Billion | ▼ -9.5% |
| 2006 | 3.89x | ₩12.87 Billion | ₩3.31 Billion | ▲ +52.2% |
| 2005 | 2.55x | ₩12.19 Billion | ₩4.77 Billion | ▲ +391.7% |
| 2004 | 0.52x | ₩2.26 Billion | ₩4.35 Billion | ▼ -91.1% |
| 2003 | 5.87x | ₩9.54 Billion | ₩1.63 Billion | — |