Changhae Ethanol Co. Ltd (004650) — Cash Flow Quality Index
Changhae Ethanol Co. Ltd (004650) has a Cash Flow Quality Index of 4.29x as of September 2025. Operating cash flow of ₩11.74 Billion exceeds net income of ₩2.73 Billion, indicating high earnings quality where cash backs reported profits. Explore Changhae Ethanol Co. Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Changhae Ethanol Co. Ltd Cash Flow Quality Index (2014–2024)
Historical Cash Flow Quality Index for Changhae Ethanol Co. Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Changhae Ethanol Co. Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Changhae Ethanol Co. Ltd (2014–2024)
Year-by-year earnings quality comparison for Changhae Ethanol Co. Ltd. For live market cap and the full company financial profile, see Changhae Ethanol Co. Ltd (004650) total market value.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 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 | — |