TSRC Corp (2103) — Cash Flow Quality Index
Latest as of March 2026:
-0.74x
TSRC Corp (2103) has a Cash Flow Quality Index of -0.74x as of March 2026. Operating cash flow of NT$-324.35 Million is below net income of NT$435.72 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 2103 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-0.74x
Operating CF / Net Income
Operating Cash Flow
NT$-324.35 Million
TWD
Net Income
NT$435.72 Million
TWD
Data as of
Mar 2026
Most recent filing
TSRC Corp Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for TSRC Corp across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of TSRC Corp.
Annual Cash Flow Quality Index for TSRC Corp (2002–2025)
Year-by-year earnings quality comparison for TSRC Corp.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 4.44x | NT$1.99 Billion | NT$448.45 Million | ▲ +956.7% |
| 2024 | 0.42x | NT$748.43 Million | NT$1.78 Billion | ▼ -89.5% |
| 2023 | 4.00x | NT$2.72 Billion | NT$680.02 Million | ▲ +448.1% |
| 2022 | 0.73x | NT$2.24 Billion | NT$3.07 Billion | ▲ +52.0% |
| 2021 | 0.48x | NT$2.70 Billion | NT$5.63 Billion | ▼ -89.4% |
| 2020 | 4.54x | NT$2.36 Billion | NT$520.67 Million | ▲ +119.3% |
| 2019 | 2.07x | NT$2.60 Billion | NT$1.25 Billion | ▲ +80.3% |
| 2018 | 1.15x | NT$1.87 Billion | NT$1.63 Billion | ▼ -17.9% |
| 2017 | 1.40x | NT$1.59 Billion | NT$1.14 Billion | ▲ +147.7% |
| 2016 | 0.56x | NT$907.97 Million | NT$1.61 Billion | ▼ -91.3% |
| 2015 | 6.51x | NT$4.20 Billion | NT$646.00 Million | ▲ +394.7% |
| 2014 | 1.32x | NT$2.04 Billion | NT$1.55 Billion | ▼ -34.2% |
| 2013 | 2.00x | NT$4.20 Billion | NT$2.10 Billion | ▲ +7.3% |
| 2012 | 1.86x | NT$5.92 Billion | NT$3.18 Billion | ▲ +145.6% |
| 2011 | 0.76x | NT$5.67 Billion | NT$7.48 Billion | ▼ -9.3% |
| 2010 | 0.84x | NT$3.42 Billion | NT$4.09 Billion | ▼ -19.7% |
| 2009 | 1.04x | NT$2.96 Billion | NT$2.85 Billion | ▼ -9.8% |
| 2008 | 1.15x | NT$3.63 Billion | NT$3.15 Billion | ▼ -0.7% |
| 2007 | 1.16x | NT$4.83 Billion | NT$4.16 Billion | ▲ +71.4% |
| 2006 | 0.68x | NT$1.80 Billion | NT$2.66 Billion | ▼ -60.6% |
| 2005 | 1.72x | NT$3.18 Billion | NT$1.85 Billion | ▲ +15.8% |
| 2004 | 1.48x | NT$1.72 Billion | NT$1.16 Billion | ▼ -27.3% |
| 2003 | 2.04x | NT$1.19 Billion | NT$580.50 Million | ▼ -81.8% |
| 2002 | 11.23x | NT$397.45 Million | NT$35.40 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.