Chung Hwa Pulp Corp (1905) — Cash Flow Quality Index
Latest as of December 2025:
-0.12x
Chung Hwa Pulp Corp (1905) has a Cash Flow Quality Index of -0.12x as of December 2025. Operating cash flow of NT$-36.90 Million is below net income of NT$320.72 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 1905 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-0.12x
Operating CF / Net Income
Operating Cash Flow
NT$-36.90 Million
TWD
Net Income
NT$320.72 Million
TWD
Data as of
Dec 2025
Most recent filing
Chung Hwa Pulp Corp Cash Flow Quality Index (2002–2022)
Historical Cash Flow Quality Index for Chung Hwa Pulp Corp across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 1905 cash flow metrics.
Annual Cash Flow Quality Index for Chung Hwa Pulp Corp (2002–2022)
Year-by-year earnings quality comparison for Chung Hwa Pulp Corp.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2022 | 0.88x | NT$482.05 Million | NT$544.88 Million | ▼ -6.8% |
| 2021 | 0.95x | NT$498.27 Million | NT$524.68 Million | ▲ +8.9% |
| 2018 | 0.87x | NT$583.74 Million | NT$669.10 Million | ▼ -58.2% |
| 2017 | 2.09x | NT$1.90 Billion | NT$908.71 Million | ▼ -66.0% |
| 2016 | 6.14x | NT$2.05 Billion | NT$333.12 Million | ▲ +238.9% |
| 2015 | 1.81x | NT$1.56 Billion | NT$860.46 Million | ▼ -96.7% |
| 2014 | 55.62x | NT$734.26 Million | NT$13.20 Million | ▲ +23125.0% |
| 2012 | 0.24x | NT$1.07 Billion | NT$4.46 Billion | ▼ -93.7% |
| 2011 | 3.82x | NT$256.16 Million | NT$67.03 Million | ▲ +184.2% |
| 2010 | 1.34x | NT$1.48 Billion | NT$1.10 Billion | ▲ +83.9% |
| 2008 | 0.73x | NT$157.19 Million | NT$215.02 Million | ▼ -10.9% |
| 2007 | 0.82x | NT$829.98 Million | NT$1.01 Billion | ▼ -50.5% |
| 2006 | 1.66x | NT$777.82 Million | NT$469.33 Million | ▲ +51.0% |
| 2005 | 1.10x | NT$786.84 Million | NT$717.06 Million | ▼ -33.3% |
| 2004 | 1.65x | NT$823.09 Million | NT$500.07 Million | ▲ +38.8% |
| 2003 | 1.19x | NT$656.26 Million | NT$553.25 Million | ▼ -45.6% |
| 2002 | 2.18x | NT$988.21 Million | NT$453.07 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.