Shuttle Inc (2405) — Cash Flow Quality Index

Latest as of September 2025: 7.28x

Shuttle Inc (2405) has a Cash Flow Quality Index of 7.28x as of September 2025. Operating cash flow of NT$23.26 Million exceeds net income of NT$3.19 Million, indicating high earnings quality where cash backs reported profits. Explore Shuttle Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

7.28x
Operating CF / Net Income

Operating Cash Flow

NT$23.26 Million
TWD

Net Income

NT$3.19 Million
TWD

Data as of

Sep 2025
Most recent filing

Shuttle Inc Cash Flow Quality Index (2002–2024)

Historical Cash Flow Quality Index for Shuttle Inc across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Shuttle Inc.

Annual Cash Flow Quality Index for Shuttle Inc (2002–2024)

Year-by-year earnings quality comparison for Shuttle Inc.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2024 1.67x NT$35.27 Million NT$21.17 Million ▼ -92.2%
2023 21.44x NT$265.27 Million NT$12.37 Million ▲ +599.4%
2022 -4.29x NT$-283.03 Million NT$65.91 Million ▼ -1638.5%
2021 0.28x NT$78.33 Million NT$280.61 Million ▼ -96.1%
2020 7.07x NT$656.57 Million NT$92.90 Million ▲ +2239.6%
2019 0.30x NT$10.45 Million NT$34.58 Million ▲ +164.9%
2013 -0.47x NT$-237.28 Million NT$509.95 Million ▲ +49.5%
2012 -0.92x NT$-286.07 Million NT$310.45 Million ▲ +99.9%
2011 -1689.97x NT$-336.30 Million NT$199.00K ▼ -29828.4%
2007 5.68x NT$291.44 Million NT$51.27 Million ▼ -83.5%
2006 34.44x NT$370.08 Million NT$10.75 Million ▲ +6752.8%
2004 0.50x NT$76.58 Million NT$152.41 Million ▲ +12.4%
2003 0.45x NT$242.65 Million NT$542.82 Million ▼ -78.1%
2002 2.04x NT$588.03 Million NT$287.95 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.