Changhae Ethanol Co. Ltd (004650) — Cash Flow Quality Index
Changhae Ethanol Co. Ltd (004650) has a Cash Flow Quality Index of 4.25x as of March 2026. Operating cash flow of ₩14.74 Billion exceeds net income of ₩3.47 Billion, indicating high earnings quality where cash backs reported profits. Explore cash flow conversion of Changhae Ethanol Co. Ltd to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Changhae Ethanol Co. Ltd Cash Flow Quality Index (2014–2025)
Historical Cash Flow Quality Index for Changhae Ethanol Co. Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Changhae Ethanol Co. Ltd (004650) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Changhae Ethanol Co. Ltd (2014–2025)
Year-by-year earnings quality comparison for Changhae Ethanol Co. Ltd. For live market cap and the full company financial profile, see market cap of Changhae Ethanol Co. Ltd.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.53x | ₩20.34 Billion | ₩13.27 Billion | ▲ +55.6% |
| 2024 | 0.99x | ₩15.22 Billion | ₩15.45 Billion | ▼ -97.5% |
| 2022 | 40.17x | ₩3.12 Billion | ₩77.56 Million | ▲ +2995.3% |
| 2021 | 1.30x | ₩12.77 Billion | ₩9.84 Billion | ▲ +38.2% |
| 2020 | 0.94x | ₩12.21 Billion | ₩13.00 Billion | ▼ -19.2% |
| 2019 | 1.16x | ₩24.89 Billion | ₩21.39 Billion | ▼ -52.2% |
| 2018 | 2.44x | ₩9.05 Billion | ₩3.72 Billion | ▼ -53.2% |
| 2017 | 5.20x | ₩26.00 Billion | ₩5.00 Billion | ▲ +52.2% |
| 2015 | 3.42x | ₩40.12 Billion | ₩11.74 Billion | ▲ +13.4% |
| 2014 | 3.01x | ₩31.01 Billion | ₩10.29 Billion | — |