Tae Kwang Corporation (023160) — Cash Flow Quality Index

Latest as of December 2025: 0.81x

Tae Kwang Corporation (023160) has a Cash Flow Quality Index of 0.81x as of December 2025. Operating cash flow of ₩8.12 Billion is below net income of ₩10.02 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore 023160 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.81x
Operating CF / Net Income

Operating Cash Flow

₩8.12 Billion
KRW

Net Income

₩10.02 Billion
KRW

Data as of

Dec 2025
Most recent filing

Tae Kwang Corporation Cash Flow Quality Index (2007–2025)

Historical Cash Flow Quality Index for Tae Kwang Corporation across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Tae Kwang Corporation.

Annual Cash Flow Quality Index for Tae Kwang Corporation (2007–2025)

Year-by-year earnings quality comparison for Tae Kwang Corporation.

Year Quality Index Operating CF (KRW) Net Income YoY Change
2025 0.30x ₩19.37 Billion ₩63.87 Billion ▼ -77.0%
2024 1.32x ₩59.24 Billion ₩44.92 Billion ▲ +31.1%
2023 1.01x ₩54.34 Billion ₩54.02 Billion ▼ -20.0%
2022 1.26x ₩46.31 Billion ₩36.84 Billion ▼ -53.6%
2021 2.71x ₩41.26 Billion ₩15.22 Billion ▲ +196.4%
2019 -2.81x ₩-30.41 Billion ₩10.81 Billion ▼ -606.0%
2018 0.56x ₩5.59 Billion ₩10.06 Billion ▼ -86.5%
2016 4.11x ₩42.30 Billion ₩10.29 Billion ▲ +353.3%
2015 0.91x ₩19.35 Billion ₩21.34 Billion ▲ +145.0%
2014 -2.01x ₩-17.80 Billion ₩8.84 Billion ▼ -264.5%
2012 1.22x ₩40.64 Billion ₩33.19 Billion ▲ +796.3%
2011 -0.18x ₩-4.85 Billion ₩27.56 Billion ▲ +99.3%
2010 -26.40x ₩-20.61 Billion ₩780.79 Million ▼ -2124.1%
2009 1.30x ₩57.97 Billion ₩44.44 Billion ▲ +55.6%
2008 0.84x ₩68.95 Billion ₩82.23 Billion ▲ +75.2%
2007 0.48x ₩21.48 Billion ₩44.87 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.