Iron Force Industrial Co Ltd (2228) — Cash Flow Quality Index

Latest as of September 2025: 2.85x

Iron Force Industrial Co Ltd (2228) has a Cash Flow Quality Index of 2.85x as of September 2025. Operating cash flow of NT$378.85 Million exceeds net income of NT$132.77 Million, indicating high earnings quality where cash backs reported profits. Explore Iron Force Industrial Co Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

2.85x
Operating CF / Net Income

Operating Cash Flow

NT$378.85 Million
TWD

Net Income

NT$132.77 Million
TWD

Data as of

Sep 2025
Most recent filing

Iron Force Industrial Co Ltd Cash Flow Quality Index (2009–2024)

Historical Cash Flow Quality Index for Iron Force Industrial Co Ltd across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Iron Force Industrial Co Ltd to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Iron Force Industrial Co Ltd (2009–2024)

Year-by-year earnings quality comparison for Iron Force Industrial Co Ltd. For live market cap and the full company financial profile, see market value of Iron Force Industrial Co Ltd.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2024 0.58x NT$474.66 Million NT$822.77 Million ▼ -77.1%
2023 2.52x NT$1.29 Billion NT$513.82 Million ▲ +675.3%
2022 0.32x NT$196.58 Million NT$605.66 Million ▼ -76.6%
2021 1.38x NT$315.36 Million NT$227.83 Million ▲ +21.9%
2020 1.14x NT$242.90 Million NT$213.83 Million ▲ +26.4%
2019 0.90x NT$679.17 Million NT$755.52 Million ▲ +18.0%
2018 0.76x NT$537.40 Million NT$705.14 Million ▼ -16.5%
2017 0.91x NT$714.62 Million NT$783.10 Million ▲ +9.4%
2016 0.83x NT$775.65 Million NT$929.80 Million ▼ -11.0%
2015 0.94x NT$772.51 Million NT$824.10 Million ▲ +12.0%
2014 0.84x NT$522.74 Million NT$624.33 Million ▲ +6.8%
2013 0.78x NT$358.09 Million NT$456.77 Million ▼ -14.1%
2012 0.91x NT$246.80 Million NT$270.49 Million ▲ +47.3%
2011 0.62x NT$189.56 Million NT$306.03 Million ▲ +57.8%
2010 0.39x NT$99.21 Million NT$252.83 Million ▼ -66.5%
2009 1.17x NT$149.69 Million NT$127.92 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.