BES Engineering Co (2515) — Cash Flow Quality Index
BES Engineering Co (2515) has a Cash Flow Quality Index of -0.99x as of September 2025. Operating cash flow of NT$-165.76 Million is below net income of NT$167.35 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore BES Engineering Co debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
BES Engineering Co Cash Flow Quality Index (2002–2024)
Historical Cash Flow Quality Index for BES Engineering Co across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 2515 cash flow conversion.
Annual Cash Flow Quality Index for BES Engineering Co (2002–2024)
Year-by-year earnings quality comparison for BES Engineering Co.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -3.24x | NT$-2.91 Billion | NT$898.37 Million | ▲ +66.5% |
| 2023 | -9.69x | NT$-6.05 Billion | NT$624.72 Million | ▼ -1166.3% |
| 2022 | -0.76x | NT$-765.80 Million | NT$1.00 Billion | ▼ -1062.3% |
| 2021 | 0.08x | NT$197.01 Million | NT$2.48 Billion | ▼ -88.5% |
| 2020 | 0.69x | NT$547.23 Million | NT$793.23 Million | ▲ +204.9% |
| 2019 | 0.23x | NT$94.51 Million | NT$417.68 Million | ▲ +105.7% |
| 2018 | -3.95x | NT$-887.75 Million | NT$224.88 Million | ▼ -193.4% |
| 2017 | -1.35x | NT$-494.87 Million | NT$367.85 Million | ▼ -1758.6% |
| 2016 | 0.08x | NT$32.42 Million | NT$399.67 Million | ▼ -84.1% |
| 2015 | 0.51x | NT$277.44 Million | NT$545.04 Million | ▼ -91.0% |
| 2014 | 5.65x | NT$2.01 Billion | NT$355.65 Million | ▲ +84.1% |
| 2013 | 3.07x | NT$837.33 Million | NT$272.71 Million | ▲ +151.2% |
| 2012 | -6.00x | NT$-2.43 Billion | NT$404.54 Million | ▼ -222.5% |
| 2011 | 4.89x | NT$892.57 Million | NT$182.38 Million | ▲ +858.0% |
| 2010 | -0.65x | NT$-540.17 Million | NT$836.61 Million | ▼ -106.7% |
| 2009 | 9.67x | NT$2.10 Billion | NT$216.74 Million | ▼ -88.9% |
| 2008 | 86.99x | NT$3.58 Billion | NT$41.15 Million | ▲ +1960.4% |
| 2007 | 4.22x | NT$2.39 Billion | NT$566.73 Million | ▲ +773.4% |
| 2006 | 0.48x | NT$386.88 Million | NT$800.35 Million | ▼ -94.1% |
| 2005 | 8.19x | NT$3.02 Billion | NT$368.29 Million | ▼ -25.2% |
| 2004 | 10.96x | NT$1.36 Billion | NT$124.07 Million | ▲ +11.1% |
| 2003 | 9.87x | NT$916.77 Million | NT$92.92 Million | ▼ -12.2% |
| 2002 | 11.23x | NT$890.22 Million | NT$79.25 Million | — |