Microelectronics Technology Inc (2314) — Cash Flow Quality Index

Latest as of June 2020: -2.54x

Microelectronics Technology Inc (2314) has a Cash Flow Quality Index of -2.54x as of June 2020. Operating cash flow of NT$-54.72 Million is below net income of NT$21.55 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 2314 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-2.54x
Operating CF / Net Income

Operating Cash Flow

NT$-54.72 Million
TWD

Net Income

NT$21.55 Million
TWD

Data as of

Jun 2020
Most recent filing

Microelectronics Technology Inc Cash Flow Quality Index (2000–2019)

Historical Cash Flow Quality Index for Microelectronics Technology Inc across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 2314 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Microelectronics Technology Inc (2000–2019)

Year-by-year earnings quality comparison for Microelectronics Technology Inc. For live market cap and the full company financial profile, see Microelectronics Technology Inc (2314) market capitalisation.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2019 20.82x NT$219.10 Million NT$10.53 Million ▲ +564.1%
2018 3.13x NT$256.02 Million NT$81.67 Million ▲ +689.3%
2017 -0.53x NT$-106.25 Million NT$199.74 Million ▼ -144.7%
2016 1.19x NT$267.61 Million NT$224.64 Million ▲ +6.6%
2015 1.12x NT$84.69 Million NT$75.76 Million ▼ -51.1%
2008 2.29x NT$810.25 Million NT$354.22 Million ▲ +28.9%
2007 1.77x NT$805.53 Million NT$453.95 Million ▲ +150.3%
2006 0.71x NT$300.36 Million NT$423.59 Million ▼ -93.6%
2005 11.16x NT$988.50 Million NT$88.54 Million ▲ +25.4%
2003 8.91x NT$410.64 Million NT$46.11 Million ▲ +623.9%
2001 1.23x NT$828.88 Million NT$673.73 Million ▲ +71.0%
2000 0.72x NT$612.05 Million NT$850.86 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.