First Hotel Co Ltd (2706) — Cash Flow Quality Index
First Hotel Co Ltd (2706) has a Cash Flow Quality Index of 0.32x as of September 2025. Operating cash flow of NT$44.37 Million is below net income of NT$138.22 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore First Hotel Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
First Hotel Co Ltd Cash Flow Quality Index (2002–2024)
Historical Cash Flow Quality Index for First Hotel Co Ltd across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see First Hotel Co Ltd cash conversion from operations.
Annual Cash Flow Quality Index for First Hotel Co Ltd (2002–2024)
Year-by-year earnings quality comparison for First Hotel Co Ltd.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.44x | NT$151.11 Million | NT$343.38 Million | ▼ -12.5% |
| 2023 | 0.50x | NT$188.40 Million | NT$374.61 Million | ▲ +24.9% |
| 2022 | 0.40x | NT$147.09 Million | NT$365.27 Million | ▼ -72.1% |
| 2021 | 1.45x | NT$133.94 Million | NT$92.64 Million | ▲ +119.4% |
| 2020 | 0.66x | NT$132.54 Million | NT$201.12 Million | ▲ +182.5% |
| 2019 | 0.23x | NT$153.89 Million | NT$659.65 Million | ▼ -7.9% |
| 2018 | 0.25x | NT$173.63 Million | NT$685.35 Million | ▼ -1.6% |
| 2017 | 0.26x | NT$169.97 Million | NT$659.87 Million | ▼ -1.4% |
| 2016 | 0.26x | NT$156.82 Million | NT$600.44 Million | ▼ -23.8% |
| 2015 | 0.34x | NT$187.26 Million | NT$546.49 Million | ▼ -13.7% |
| 2014 | 0.40x | NT$186.95 Million | NT$471.01 Million | ▼ -20.2% |
| 2013 | 0.50x | NT$179.78 Million | NT$361.63 Million | ▼ -22.8% |
| 2012 | 0.64x | NT$179.71 Million | NT$279.17 Million | ▼ -31.1% |
| 2011 | 0.93x | NT$212.73 Million | NT$227.76 Million | ▲ +49.1% |
| 2010 | 0.63x | NT$184.41 Million | NT$294.40 Million | ▲ +15.2% |
| 2009 | 0.54x | NT$175.12 Million | NT$322.18 Million | ▲ +3.3% |
| 2008 | 0.53x | NT$169.97 Million | NT$322.93 Million | ▼ -14.5% |
| 2007 | 0.62x | NT$188.19 Million | NT$305.78 Million | ▲ +79.2% |
| 2006 | 0.34x | NT$196.21 Million | NT$571.28 Million | ▼ -46.5% |
| 2005 | 0.64x | NT$187.42 Million | NT$292.21 Million | ▼ -14.3% |
| 2004 | 0.75x | NT$143.74 Million | NT$192.09 Million | ▼ -42.6% |
| 2003 | 1.30x | NT$167.59 Million | NT$128.49 Million | ▲ +32.4% |
| 2002 | 0.99x | NT$162.32 Million | NT$164.74 Million | — |