Taiwan High Speed Rail Corp (2633) — Cash Flow Quality Index
Taiwan High Speed Rail Corp (2633) has a Cash Flow Quality Index of 3.51x as of June 2025. Operating cash flow of NT$5.71 Billion exceeds net income of NT$1.63 Billion, indicating high earnings quality where cash backs reported profits. Explore 2633 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Taiwan High Speed Rail Corp Cash Flow Quality Index (2011–2024)
Historical Cash Flow Quality Index for Taiwan High Speed Rail Corp across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Taiwan High Speed Rail Corp cash conversion from operations.
Annual Cash Flow Quality Index for Taiwan High Speed Rail Corp (2011–2024)
Year-by-year earnings quality comparison for Taiwan High Speed Rail Corp.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.59x | NT$16.70 Billion | NT$6.45 Billion | ▼ -9.2% |
| 2023 | 2.85x | NT$27.75 Billion | NT$9.74 Billion | ▲ +23.7% |
| 2022 | 2.30x | NT$9.83 Billion | NT$4.27 Billion | ▼ -63.4% |
| 2021 | 6.30x | NT$26.88 Billion | NT$4.27 Billion | ▲ +2329.2% |
| 2020 | -0.28x | NT$-1.53 Billion | NT$5.42 Billion | ▼ -107.7% |
| 2019 | 3.67x | NT$28.55 Billion | NT$7.78 Billion | ▲ +2.4% |
| 2018 | 3.59x | NT$26.22 Billion | NT$7.31 Billion | ▲ +7.5% |
| 2017 | 3.34x | NT$21.61 Billion | NT$6.48 Billion | ▲ +181.0% |
| 2016 | 1.19x | NT$5.93 Billion | NT$5.00 Billion | ▼ -2.6% |
| 2015 | 1.22x | NT$22.95 Billion | NT$18.83 Billion | ▼ -85.4% |
| 2014 | 8.35x | NT$22.20 Billion | NT$2.66 Billion | ▲ +14.1% |
| 2013 | 7.32x | NT$19.83 Billion | NT$2.71 Billion | ▲ +61.6% |
| 2012 | 4.53x | NT$16.20 Billion | NT$3.58 Billion | ▲ +65.2% |
| 2011 | 2.74x | NT$15.86 Billion | NT$5.78 Billion | — |