Daechang Forgi (015230) — 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) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Daechang Forgi Cash Flow Quality Index (2003–2024)
Historical Cash Flow Quality Index for Daechang Forgi across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Daechang Forgi generate cash.
Annual Cash Flow Quality Index for Daechang Forgi (2003–2024)
Year-by-year earnings quality comparison for Daechang Forgi.
| 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 | — |