Hwa Fong Rubber Ind Co Ltd (2109) — Cash Flow Quality Index

Latest as of September 2025: 3.02x

Hwa Fong Rubber Ind Co Ltd (2109) has a Cash Flow Quality Index of 3.02x as of September 2025. Operating cash flow of NT$303.93 Million exceeds net income of NT$100.55 Million, indicating high earnings quality where cash backs reported profits. Explore 2109 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

3.02x
Operating CF / Net Income

Operating Cash Flow

NT$303.93 Million
TWD

Net Income

NT$100.55 Million
TWD

Data as of

Sep 2025
Most recent filing

Hwa Fong Rubber Ind Co Ltd Cash Flow Quality Index (2002–2024)

Historical Cash Flow Quality Index for Hwa Fong Rubber Ind Co Ltd across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 2109 operating cash flow.

Annual Cash Flow Quality Index for Hwa Fong Rubber Ind Co Ltd (2002–2024)

Year-by-year earnings quality comparison for Hwa Fong Rubber Ind Co Ltd.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2024 0.67x NT$502.25 Million NT$746.55 Million ▼ -46.5%
2023 1.26x NT$530.88 Million NT$422.34 Million ▼ -12.4%
2022 1.43x NT$888.27 Million NT$619.21 Million ▲ +171.8%
2021 0.53x NT$401.09 Million NT$760.03 Million ▼ -56.2%
2020 1.20x NT$898.06 Million NT$745.85 Million ▼ -14.9%
2019 1.41x NT$414.13 Million NT$292.71 Million ▼ -27.1%
2016 1.94x NT$599.61 Million NT$308.98 Million ▲ +4.6%
2015 1.85x NT$942.40 Million NT$508.08 Million ▲ +179.8%
2014 0.66x NT$739.28 Million NT$1.12 Billion ▼ -20.1%
2013 0.83x NT$516.66 Million NT$622.98 Million ▼ -39.5%
2011 1.37x NT$59.47 Million NT$43.37 Million ▼ -84.1%
2009 8.63x NT$1.60 Billion NT$185.15 Million ▲ +30.7%
2007 6.60x NT$305.64 Million NT$46.30 Million ▲ +378.9%
2003 1.38x NT$314.98 Million NT$228.52 Million ▼ -17.0%
2002 1.66x NT$298.88 Million NT$180.04 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.