Excelsior Medical Co Ltd (4104) — Cash Flow Quality Index
Excelsior Medical Co Ltd (4104) has a Cash Flow Quality Index of -0.93x as of September 2025. Operating cash flow of NT$-254.41 Million is below net income of NT$273.15 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 4104 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Excelsior Medical Co Ltd Cash Flow Quality Index (2002–2024)
Historical Cash Flow Quality Index for Excelsior Medical Co Ltd across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Excelsior Medical Co Ltd cash conversion from operations.
Annual Cash Flow Quality Index for Excelsior Medical Co Ltd (2002–2024)
Year-by-year earnings quality comparison for Excelsior Medical Co Ltd.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.10x | NT$2.47 Billion | NT$1.17 Billion | ▲ +1367.1% |
| 2023 | 0.14x | NT$107.10 Million | NT$746.61 Million | ▼ -78.3% |
| 2022 | 0.66x | NT$637.13 Million | NT$963.70 Million | ▼ -38.9% |
| 2021 | 1.08x | NT$945.05 Million | NT$873.74 Million | ▲ +3.2% |
| 2020 | 1.05x | NT$869.43 Million | NT$829.38 Million | ▼ -34.5% |
| 2019 | 1.60x | NT$1.19 Billion | NT$746.83 Million | ▲ +439.0% |
| 2018 | 0.30x | NT$192.43 Million | NT$648.50 Million | ▲ +133.7% |
| 2017 | -0.88x | NT$-487.39 Million | NT$554.24 Million | ▼ -213.1% |
| 2016 | 0.78x | NT$449.71 Million | NT$578.61 Million | ▼ -42.5% |
| 2015 | 1.35x | NT$739.96 Million | NT$547.02 Million | ▼ -13.6% |
| 2014 | 1.57x | NT$736.74 Million | NT$470.41 Million | ▲ +81.7% |
| 2013 | 0.86x | NT$357.48 Million | NT$414.70 Million | ▼ -56.6% |
| 2012 | 1.99x | NT$717.26 Million | NT$361.00 Million | ▲ +268.4% |
| 2011 | -1.18x | NT$-528.52 Million | NT$447.97 Million | ▼ -1433.0% |
| 2010 | -0.08x | NT$-33.46 Million | NT$434.73 Million | ▼ -104.0% |
| 2009 | 1.93x | NT$693.51 Million | NT$358.96 Million | ▲ +3325.2% |
| 2008 | 0.06x | NT$13.21 Million | NT$234.11 Million | ▼ -41.2% |
| 2007 | 0.10x | NT$116.11 Million | NT$1.21 Billion | ▼ -95.3% |
| 2006 | 2.02x | NT$683.93 Million | NT$338.01 Million | ▲ +99.4% |
| 2005 | 1.01x | NT$245.25 Million | NT$241.74 Million | ▲ +11.0% |
| 2004 | 0.91x | NT$132.93 Million | NT$145.41 Million | ▲ +1122.3% |
| 2003 | 0.07x | NT$18.53 Million | NT$247.77 Million | ▲ +179.0% |
| 2002 | 0.03x | NT$7.63 Million | NT$284.75 Million | — |