Lung Ming Green Energy Technology Engineering Co Ltd (3018) — Cash Flow Quality Index

Latest as of September 2024: -2.55x

Lung Ming Green Energy Technology Engineering Co Ltd (3018) has a Cash Flow Quality Index of -2.55x as of September 2024. Operating cash flow of NT$-30.59 Million is below net income of NT$12.01 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 3018 long-term investments to assets to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-2.55x
Operating CF / Net Income

Operating Cash Flow

NT$-30.59 Million
TWD

Net Income

NT$12.01 Million
TWD

Data as of

Sep 2024
Most recent filing

Lung Ming Green Energy Technology Engineering Co Ltd Cash Flow Quality Index (2002–2017)

Historical Cash Flow Quality Index for Lung Ming Green Energy Technology Engineering Co Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Lung Ming Green Energy Technology Engine's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Lung Ming Green Energy Technology Engineering Co Ltd (2002–2017)

Year-by-year earnings quality comparison for Lung Ming Green Energy Technology Engineering Co Ltd. For live market cap and the full company financial profile, see 3018 market cap overview.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2017 10.09x NT$173.12 Million NT$17.16 Million ▲ +341.3%
2016 -4.18x NT$-90.01 Million NT$21.52 Million ▼ -1469.3%
2014 0.31x NT$11.88 Million NT$38.90 Million ▲ +105.4%
2012 -5.65x NT$-72.65 Million NT$12.86 Million ▼ -62935.3%
2011 -0.01x NT$-539.00K NT$60.15 Million ▼ -100.2%
2010 3.59x NT$140.56 Million NT$39.16 Million ▲ +1143.7%
2009 -0.34x NT$-8.96 Million NT$26.04 Million ▼ -100.8%
2008 40.82x NT$266.40 Million NT$6.53 Million ▲ +1266.3%
2003 2.99x NT$166.42 Million NT$55.71 Million ▲ +8.3%
2002 2.76x NT$277.33 Million NT$100.55 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.