Spigen Korea Co. Ltd (192440) — Cash Flow Quality Index

Latest as of September 2025: 0.78x

Spigen Korea Co. Ltd (192440) has a Cash Flow Quality Index of 0.78x as of September 2025. Operating cash flow of ₩9.73 Billion is below net income of ₩12.55 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Spigen Korea Co. Ltd (192440) long-term investment share to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.78x
Operating CF / Net Income

Operating Cash Flow

₩9.73 Billion
KRW

Net Income

₩12.55 Billion
KRW

Data as of

Sep 2025
Most recent filing

Spigen Korea Co. Ltd Cash Flow Quality Index (2014–2024)

Historical Cash Flow Quality Index for Spigen Korea Co. Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Spigen Korea Co. Ltd (192440) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Spigen Korea Co. Ltd (2014–2024)

Year-by-year earnings quality comparison for Spigen Korea Co. Ltd. For live market cap and the full company financial profile, see 192440 stock market capitalisation.

Year Quality Index Operating CF (KRW) Net Income YoY Change
2024 1.05x ₩29.41 Billion ₩27.90 Billion ▲ +32.2%
2023 0.80x ₩33.44 Billion ₩41.92 Billion ▲ +27.3%
2022 0.63x ₩20.69 Billion ₩33.02 Billion ▼ -31.9%
2021 0.92x ₩41.59 Billion ₩45.18 Billion ▼ -37.7%
2020 1.48x ₩80.09 Billion ₩54.24 Billion ▲ +82.6%
2019 0.81x ₩32.62 Billion ₩40.34 Billion ▼ -9.1%
2018 0.89x ₩37.99 Billion ₩42.70 Billion ▲ +0.7%
2017 0.88x ₩35.92 Billion ₩40.66 Billion ▲ +21.0%
2016 0.73x ₩28.16 Billion ₩38.55 Billion ▼ -30.7%
2015 1.05x ₩42.76 Billion ₩40.57 Billion ▲ +40.6%
2014 0.75x ₩30.45 Billion ₩40.62 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.