Sino Horizon Holdings Ltd (2923) — Cash Flow Quality Index
Sino Horizon Holdings Ltd (2923) has a Cash Flow Quality Index of -1.96x as of December 2024. Operating cash flow of NT$-989.15 Million is below net income of NT$505.79 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Sino Horizon Holdings Ltd (2923) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Sino Horizon Holdings Ltd Cash Flow Quality Index (2009–2024)
Historical Cash Flow Quality Index for Sino Horizon Holdings Ltd across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Sino Horizon Holdings Ltd.
Annual Cash Flow Quality Index for Sino Horizon Holdings Ltd (2009–2024)
Year-by-year earnings quality comparison for Sino Horizon Holdings Ltd.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -7.03x | NT$-5.34 Billion | NT$759.30 Million | ▼ -9858.4% |
| 2023 | 0.07x | NT$322.99 Million | NT$4.48 Billion | ▼ -89.8% |
| 2022 | 0.71x | NT$1.94 Billion | NT$2.74 Billion | ▲ +174.0% |
| 2021 | -0.96x | NT$-1.88 Billion | NT$1.96 Billion | ▼ -253.8% |
| 2020 | 0.62x | NT$1.68 Billion | NT$2.70 Billion | ▲ +371.0% |
| 2019 | -0.23x | NT$-2.13 Billion | NT$9.29 Billion | ▼ -149.6% |
| 2018 | 0.46x | NT$1.31 Billion | NT$2.84 Billion | ▲ +110.2% |
| 2017 | -4.55x | NT$-5.14 Billion | NT$1.13 Billion | ▼ -1027.8% |
| 2016 | -0.40x | NT$-1.81 Billion | NT$4.49 Billion | ▼ -195.0% |
| 2015 | 0.42x | NT$3.22 Billion | NT$7.58 Billion | ▲ +491.6% |
| 2014 | -0.11x | NT$-767.83 Million | NT$7.09 Billion | ▲ +91.1% |
| 2013 | -1.21x | NT$-2.80 Billion | NT$2.30 Billion | ▲ +19.3% |
| 2012 | -1.50x | NT$-2.32 Billion | NT$1.54 Billion | ▼ -102.2% |
| 2011 | -0.74x | NT$-3.82 Billion | NT$5.13 Billion | ▲ +85.4% |
| 2010 | -5.08x | NT$-5.21 Billion | NT$1.03 Billion | ▲ +27.0% |
| 2009 | -6.96x | NT$-1.88 Billion | NT$270.70 Million | — |