Hanon Systems (018880) — Cash Flow Quality Index
Hanon Systems (018880) has a Cash Flow Quality Index of 2.27x as of March 2026. Operating cash flow of ₩151.08 Billion exceeds net income of ₩66.61 Billion, indicating high earnings quality where cash backs reported profits. Explore 018880 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hanon Systems Cash Flow Quality Index (2000–2023)
Historical Cash Flow Quality Index for Hanon Systems across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Hanon Systems operating cash flow efficiency.
Annual Cash Flow Quality Index for Hanon Systems (2000–2023)
Year-by-year earnings quality comparison for Hanon Systems.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 10.15x | ₩517.36 Billion | ₩50.99 Billion | ▼ -22.8% |
| 2022 | 13.14x | ₩378.31 Billion | ₩28.78 Billion | ▲ +537.2% |
| 2021 | 2.06x | ₩636.31 Billion | ₩308.51 Billion | ▼ -71.4% |
| 2020 | 7.21x | ₩795.57 Billion | ₩110.37 Billion | ▲ +195.0% |
| 2019 | 2.44x | ₩778.38 Billion | ₩318.54 Billion | ▲ +44.0% |
| 2018 | 1.70x | ₩471.27 Billion | ₩277.64 Billion | ▼ -13.6% |
| 2017 | 1.96x | ₩566.65 Billion | ₩288.56 Billion | ▲ +47.4% |
| 2016 | 1.33x | ₩389.17 Billion | ₩292.13 Billion | ▼ -31.4% |
| 2015 | 1.94x | ₩447.52 Billion | ₩230.51 Billion | ▲ +54.2% |
| 2014 | 1.26x | ₩346.82 Billion | ₩275.39 Billion | ▼ -10.7% |
| 2013 | 1.41x | ₩417.95 Billion | ₩296.39 Billion | ▲ +17.6% |
| 2012 | 1.20x | ₩277.72 Billion | ₩231.61 Billion | ▲ +8.8% |
| 2011 | 1.10x | ₩246.07 Billion | ₩223.23 Billion | ▼ -19.3% |
| 2010 | 1.37x | ₩276.77 Billion | ₩202.57 Billion | ▼ -18.7% |
| 2009 | 1.68x | ₩254.40 Billion | ₩151.38 Billion | ▼ -26.9% |
| 2008 | 2.30x | ₩217.00 Billion | ₩94.35 Billion | ▲ +63.5% |
| 2007 | 1.41x | ₩142.79 Billion | ₩101.49 Billion | ▼ -35.4% |
| 2006 | 2.18x | ₩192.58 Billion | ₩88.45 Billion | ▲ +58.9% |
| 2005 | 1.37x | ₩126.79 Billion | ₩92.52 Billion | ▼ -23.5% |
| 2004 | 1.79x | ₩204.26 Billion | ₩114.04 Billion | ▲ +28.0% |
| 2003 | 1.40x | ₩125.85 Billion | ₩89.94 Billion | ▼ -27.1% |
| 2002 | 1.92x | ₩153.79 Billion | ₩80.11 Billion | ▼ -2.1% |
| 2001 | 1.96x | ₩136.80 Billion | ₩69.76 Billion | ▲ +6.1% |
| 2000 | 1.85x | ₩116.95 Billion | ₩63.27 Billion | — |