Taiwan Pelican Express Co Ltd (2642) — Cash Flow Quality Index
Taiwan Pelican Express Co Ltd (2642) has a Cash Flow Quality Index of 2.54x as of June 2025. Operating cash flow of NT$13.35 Million exceeds net income of NT$5.25 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Taiwan Pelican Express Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Taiwan Pelican Express Co Ltd Cash Flow Quality Index (2010–2023)
Historical Cash Flow Quality Index for Taiwan Pelican Express Co Ltd 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 Taiwan Pelican Express Co Ltd.
Annual Cash Flow Quality Index for Taiwan Pelican Express Co Ltd (2010–2023)
Year-by-year earnings quality comparison for Taiwan Pelican Express Co Ltd.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 2.56x | NT$295.42 Million | NT$115.59 Million | ▲ +7.5% |
| 2022 | 2.38x | NT$514.12 Million | NT$216.21 Million | ▲ +52.0% |
| 2021 | 1.56x | NT$463.92 Million | NT$296.51 Million | ▼ -15.3% |
| 2020 | 1.85x | NT$475.66 Million | NT$257.62 Million | ▼ -21.2% |
| 2019 | 2.34x | NT$473.09 Million | NT$201.83 Million | ▲ +49.6% |
| 2018 | 1.57x | NT$123.63 Million | NT$78.92 Million | ▲ +93.0% |
| 2017 | 0.81x | NT$109.28 Million | NT$134.66 Million | ▼ -45.7% |
| 2016 | 1.49x | NT$151.13 Million | NT$101.21 Million | ▲ +7.2% |
| 2015 | 1.39x | NT$174.42 Million | NT$125.15 Million | ▲ +45.7% |
| 2014 | 0.96x | NT$175.54 Million | NT$183.49 Million | ▲ +15.5% |
| 2013 | 0.83x | NT$184.09 Million | NT$222.23 Million | ▼ -28.6% |
| 2012 | 1.16x | NT$281.70 Million | NT$242.95 Million | ▼ -14.1% |
| 2011 | 1.35x | NT$290.84 Million | NT$215.47 Million | ▲ +42.3% |
| 2010 | 0.95x | NT$144.63 Million | NT$152.50 Million | — |