China Bills Finance Corp (2820) — Cash Flow Quality Index
China Bills Finance Corp (2820) has a Cash Flow Quality Index of 1.57x as of December 2025. Operating cash flow of NT$602.42 Million exceeds net income of NT$384.32 Million, indicating high earnings quality where cash backs reported profits. Explore China Bills Finance Corp (2820) investment intensity to see how much of total assets are deployed in long-term investments.
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. Check China Bills Finance Corp (2820) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for China Bills Finance Corp (2007–2025)
Year-by-year earnings quality comparison for China Bills Finance Corp. For live market cap and the full company financial profile, see 2820 market cap.
| 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 | — |