Hiyes International Co Ltd (2348) — Cash Flow Quality Index

Latest as of December 2025: 0.15x

Hiyes International Co Ltd (2348) has a Cash Flow Quality Index of 0.15x as of December 2025. Operating cash flow of NT$104.86 Million is below net income of NT$692.27 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Hiyes International Co Ltd to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.15x
Operating CF / Net Income

Operating Cash Flow

NT$104.86 Million
TWD

Net Income

NT$692.27 Million
TWD

Data as of

Dec 2025
Most recent filing

Hiyes International Co Ltd Cash Flow Quality Index (2007–2025)

Historical Cash Flow Quality Index for Hiyes International Co Ltd across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Hiyes International Co Ltd cash conversion from operations.

Annual Cash Flow Quality Index for Hiyes International Co Ltd (2007–2025)

Year-by-year earnings quality comparison for Hiyes International Co Ltd.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2025 -0.67x NT$-1.08 Billion NT$1.61 Billion ▲ +67.0%
2024 -2.03x NT$-6.14 Billion NT$3.02 Billion ▼ -270.3%
2023 1.19x NT$1.92 Billion NT$1.61 Billion ▲ +188.1%
2022 -1.35x NT$-1.26 Billion NT$934.39 Million ▲ +30.8%
2021 -1.95x NT$-4.50 Billion NT$2.30 Billion ▼ -526.8%
2020 -0.31x NT$-556.96 Million NT$1.79 Billion ▲ +81.3%
2019 -1.67x NT$-1.17 Billion NT$698.46 Million ▼ -1616.1%
2018 -0.10x NT$-45.98 Million NT$472.22 Million ▼ -106.7%
2017 1.44x NT$288.89 Million NT$199.95 Million ▼ -85.7%
2016 10.10x NT$186.16 Million NT$18.43 Million ▲ +173.4%
2015 3.69x NT$379.30 Million NT$102.66 Million ▲ +2399.2%
2014 -0.16x NT$-56.62 Million NT$352.36 Million ▲ +86.3%
2013 -1.18x NT$-397.81 Million NT$338.33 Million ▼ -97.1%
2011 -0.60x NT$-6.30 Million NT$10.56 Million ▼ -125.1%
2007 2.38x NT$146.69 Million NT$61.70 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.