Tongyang Pile Inc (228340) — Cash Flow Quality Index
Tongyang Pile Inc (228340) has a Cash Flow Quality Index of 113.60x as of June 2024. Operating cash flow of ₩4.99 Billion exceeds net income of ₩43.89 Million, indicating high earnings quality where cash backs reported profits. Explore Tongyang Pile Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Tongyang Pile Inc Cash Flow Quality Index (2015–2023)
Historical Cash Flow Quality Index for Tongyang Pile Inc across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Tongyang Pile Inc (228340) cash conversion ratio.
Annual Cash Flow Quality Index for Tongyang Pile Inc (2015–2023)
Year-by-year earnings quality comparison for Tongyang Pile Inc.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 0.83x | ₩4.31 Billion | ₩5.17 Billion | ▼ -11.6% |
| 2022 | 0.94x | ₩4.63 Billion | ₩4.91 Billion | ▲ +180.6% |
| 2021 | 0.34x | ₩802.16 Million | ₩2.38 Billion | ▼ -87.8% |
| 2017 | 2.76x | ₩22.76 Billion | ₩8.25 Billion | ▲ +139.4% |
| 2016 | 1.15x | ₩32.82 Billion | ₩28.47 Billion | ▲ +23.6% |
| 2015 | 0.93x | ₩23.10 Billion | ₩24.76 Billion | — |