First Steamship Co Ltd (2601) — Cash Flow Quality Index

Latest as of March 2023: 12.38x

First Steamship Co Ltd (2601) has a Cash Flow Quality Index of 12.38x as of March 2023. Operating cash flow of NT$755.97 Million exceeds net income of NT$61.08 Million, indicating high earnings quality where cash backs reported profits. Explore First Steamship Co Ltd cash conversion from operations to assess how effectively this company generates cash.

Cash Flow Quality Index

12.38x
Operating CF / Net Income

Operating Cash Flow

NT$755.97 Million
TWD

Net Income

NT$61.08 Million
TWD

Data as of

Mar 2023
Most recent filing

First Steamship Co Ltd Cash Flow Quality Index (2005–2021)

Historical Cash Flow Quality Index for First Steamship Co Ltd across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 2601 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for First Steamship Co Ltd (2005–2021)

Year-by-year earnings quality comparison for First Steamship Co Ltd. For live market cap and the full company financial profile, see 2601 market cap overview.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2021 7.06x NT$2.55 Billion NT$361.43 Million ▲ +581.9%
2019 1.03x NT$2.08 Billion NT$2.02 Billion ▼ -50.3%
2018 2.08x NT$916.84 Million NT$440.17 Million ▲ +92.0%
2017 1.08x NT$1.09 Billion NT$1.01 Billion ▲ +16.4%
2014 0.93x NT$973.99 Million NT$1.05 Billion ▼ -49.6%
2013 1.85x NT$1.40 Billion NT$759.39 Million ▼ -40.9%
2012 3.13x NT$3.06 Billion NT$977.12 Million ▲ +34.7%
2011 2.32x NT$2.16 Billion NT$931.51 Million ▼ -0.5%
2010 2.34x NT$3.01 Billion NT$1.29 Billion ▲ +4.6%
2009 2.23x NT$2.97 Billion NT$1.33 Billion ▲ +76.1%
2008 1.27x NT$3.33 Billion NT$2.62 Billion ▼ -24.6%
2007 1.68x NT$1.69 Billion NT$1.00 Billion ▼ -40.0%
2006 2.80x NT$1.26 Billion NT$448.72 Million ▲ +148.8%
2005 1.13x NT$282.44 Million NT$250.76 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.