Rayence Co. Ltd (228850) — Cash Flow Quality Index
Rayence Co. Ltd (228850) has a Cash Flow Quality Index of 0.11x as of September 2025. Operating cash flow of ₩276.38 Million is below net income of ₩2.47 Billion, suggesting accrual-heavy earnings not yet converted to cash. Also explore how large is Rayence Co. Ltd's balance sheet for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Rayence Co. Ltd Cash Flow Quality Index (2015–2024)
Historical Cash Flow Quality Index for Rayence Co. Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 228850 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Rayence Co. Ltd (2015–2024)
Year-by-year earnings quality comparison for Rayence Co. Ltd. For live market cap and the full company financial profile, see 228850 market cap overview.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 3.06x | ₩24.84 Billion | ₩8.12 Billion | ▲ +132.3% |
| 2023 | 1.32x | ₩25.82 Billion | ₩19.60 Billion | ▲ +79.5% |
| 2022 | 0.73x | ₩16.61 Billion | ₩22.63 Billion | ▼ -51.1% |
| 2021 | 1.50x | ₩20.94 Billion | ₩13.96 Billion | ▲ +133.0% |
| 2019 | 0.64x | ₩9.45 Billion | ₩14.69 Billion | ▼ -31.1% |
| 2018 | 0.93x | ₩14.70 Billion | ₩15.73 Billion | ▼ -33.7% |
| 2017 | 1.41x | ₩20.62 Billion | ₩14.62 Billion | ▲ +147.1% |
| 2016 | 0.57x | ₩8.37 Billion | ₩14.67 Billion | ▼ -11.5% |
| 2015 | 0.64x | ₩9.33 Billion | ₩14.48 Billion | — |