Ocean Plastics Co Ltd (1321) — Cash Flow Quality Index

Latest as of December 2024: -0.38x

Ocean Plastics Co Ltd (1321) has a Cash Flow Quality Index of -0.38x as of December 2024. Operating cash flow of NT$-15.44 Million is below net income of NT$41.12 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Ocean Plastics Co Ltd (1321) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.38x
Operating CF / Net Income

Operating Cash Flow

NT$-15.44 Million
TWD

Net Income

NT$41.12 Million
TWD

Data as of

Dec 2024
Most recent filing

Ocean Plastics Co Ltd Cash Flow Quality Index (2003–2024)

Historical Cash Flow Quality Index for Ocean Plastics Co Ltd across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Ocean Plastics Co Ltd (1321) cash conversion ratio.

Annual Cash Flow Quality Index for Ocean Plastics Co Ltd (2003–2024)

Year-by-year earnings quality comparison for Ocean Plastics Co Ltd.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2024 0.86x NT$248.32 Million NT$288.19 Million ▲ +1214.5%
2023 0.07x NT$12.66 Million NT$193.13 Million ▼ -93.8%
2021 1.05x NT$370.86 Million NT$352.21 Million ▲ +79.6%
2020 0.59x NT$435.51 Million NT$742.77 Million ▼ -78.3%
2019 2.71x NT$364.95 Million NT$134.87 Million ▲ +258.1%
2016 -1.71x NT$-111.34 Million NT$65.06 Million ▼ -179.9%
2015 2.14x NT$82.46 Million NT$38.52 Million ▼ -61.0%
2013 5.49x NT$219.77 Million NT$40.01 Million ▼ -12.2%
2009 6.26x NT$497.02 Million NT$79.41 Million ▲ +1088.9%
2005 0.53x NT$244.22 Million NT$463.91 Million ▲ +286.2%
2004 0.14x NT$53.42 Million NT$391.87 Million ▼ -85.9%
2003 0.96x NT$193.78 Million NT$200.88 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.