PI Advanced Materials Co. Ltd (178920) — Cash Flow Quality Index
PI Advanced Materials Co. Ltd (178920) has a Cash Flow Quality Index of 2.12x as of September 2025. Operating cash flow of ₩17.84 Billion exceeds net income of ₩8.43 Billion, indicating high earnings quality where cash backs reported profits. Explore 178920 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
PI Advanced Materials Co. Ltd Cash Flow Quality Index (2014–2024)
Historical Cash Flow Quality Index for PI Advanced Materials Co. Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of PI Advanced Materials Co. Ltd.
Annual Cash Flow Quality Index for PI Advanced Materials Co. Ltd (2014–2024)
Year-by-year earnings quality comparison for PI Advanced Materials Co. Ltd.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.36x | ₩55.13 Billion | ₩23.38 Billion | ▲ +518.2% |
| 2022 | 0.38x | ₩17.44 Billion | ₩45.71 Billion | ▼ -72.4% |
| 2021 | 1.38x | ₩88.56 Billion | ₩64.00 Billion | ▼ -28.7% |
| 2020 | 1.94x | ₩80.94 Billion | ₩41.72 Billion | ▼ -9.7% |
| 2019 | 2.15x | ₩38.07 Billion | ₩17.72 Billion | ▲ +319.1% |
| 2018 | 0.51x | ₩17.94 Billion | ₩34.98 Billion | ▼ -75.9% |
| 2017 | 2.12x | ₩69.66 Billion | ₩32.78 Billion | ▲ +32.6% |
| 2016 | 1.60x | ₩33.63 Billion | ₩20.98 Billion | ▲ +22.9% |
| 2015 | 1.30x | ₩22.16 Billion | ₩16.98 Billion | ▲ +16.9% |
| 2014 | 1.12x | ₩24.14 Billion | ₩21.63 Billion | — |