China Bills Finance Corp (2820) — Cash Flow Quality Index
China Bills Finance Corp (2820) has a Cash Flow Quality Index of 0.50x as of June 2026. Operating cash flow of NT$396.81 Million is below net income of NT$796.30 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can China Bills Finance Corp 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
China Bills Finance Corp Cash Flow Quality Index (2007–2025)
Historical Cash Flow Quality Index for China Bills Finance Corp across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 2820 operating cash flow.
Annual Cash Flow Quality Index for China Bills Finance Corp (2007–2025)
Year-by-year earnings quality comparison for China Bills Finance Corp.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.17x | NT$2.10 Billion | NT$1.80 Billion | ▲ +222.6% |
| 2024 | -0.95x | NT$-1.58 Billion | NT$1.65 Billion | ▲ +75.8% |
| 2023 | -3.93x | NT$-5.99 Billion | NT$1.52 Billion | ▼ -242.1% |
| 2022 | 2.77x | NT$3.32 Billion | NT$1.20 Billion | ▲ +519.8% |
| 2021 | -0.66x | NT$-1.54 Billion | NT$2.33 Billion | ▼ -127.0% |
| 2020 | 2.44x | NT$4.86 Billion | NT$1.99 Billion | ▼ -72.2% |
| 2019 | 8.77x | NT$13.62 Billion | NT$1.55 Billion | ▲ +386.1% |
| 2018 | -3.06x | NT$-5.00 Billion | NT$1.63 Billion | ▼ -154.9% |
| 2017 | -1.20x | NT$-1.96 Billion | NT$1.63 Billion | ▲ +39.6% |
| 2016 | -1.99x | NT$-3.98 Billion | NT$2.00 Billion | ▼ -254.2% |
| 2015 | 1.29x | NT$2.47 Billion | NT$1.92 Billion | ▼ -24.8% |
| 2014 | 1.71x | NT$2.84 Billion | NT$1.66 Billion | ▲ +185.3% |
| 2013 | -2.01x | NT$-3.38 Billion | NT$1.68 Billion | ▼ -290.6% |
| 2012 | 1.05x | NT$1.23 Billion | NT$1.16 Billion | ▲ +193.1% |
| 2011 | -1.13x | NT$-4.80 Billion | NT$4.24 Billion | ▼ -140.2% |
| 2010 | 2.82x | NT$4.38 Billion | NT$1.55 Billion | ▲ +1417.8% |
| 2009 | 0.19x | NT$306.47 Million | NT$1.65 Billion | ▲ +105.2% |
| 2008 | -3.59x | NT$-4.13 Billion | NT$1.15 Billion | ▼ -5.9% |
| 2007 | -3.39x | NT$-3.34 Billion | NT$984.72 Million | — |