Topkey Corp (4536) — Cash Flow Quality Index
Latest as of March 2026:
0.76x
Topkey Corp (4536) has a Cash Flow Quality Index of 0.76x as of March 2026. Operating cash flow of NT$248.18 Million is below net income of NT$327.95 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Topkey Corp debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.76x
Operating CF / Net Income
Operating Cash Flow
NT$248.18 Million
TWD
Net Income
NT$327.95 Million
TWD
Data as of
Mar 2026
Most recent filing
Topkey Corp Cash Flow Quality Index (2009–2025)
Historical Cash Flow Quality Index for Topkey Corp across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 4536 operating cash flow.
Annual Cash Flow Quality Index for Topkey Corp (2009–2025)
Year-by-year earnings quality comparison for Topkey Corp.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.63x | NT$2.21 Billion | NT$1.35 Billion | ▲ +98.3% |
| 2024 | 0.82x | NT$2.00 Billion | NT$2.43 Billion | ▼ -66.9% |
| 2023 | 2.48x | NT$3.52 Billion | NT$1.42 Billion | ▲ +263.9% |
| 2022 | 0.68x | NT$2.16 Billion | NT$3.16 Billion | ▲ +2.2% |
| 2021 | 0.67x | NT$977.68 Million | NT$1.46 Billion | ▼ -36.6% |
| 2020 | 1.05x | NT$1.27 Billion | NT$1.20 Billion | ▼ -30.1% |
| 2019 | 1.51x | NT$1.85 Billion | NT$1.23 Billion | ▲ +60.2% |
| 2018 | 0.94x | NT$1.07 Billion | NT$1.13 Billion | ▲ +64.8% |
| 2017 | 0.57x | NT$304.88 Million | NT$534.01 Million | ▼ -53.1% |
| 2016 | 1.22x | NT$1.23 Billion | NT$1.01 Billion | ▼ -22.9% |
| 2015 | 1.58x | NT$1.21 Billion | NT$766.48 Million | ▲ +56.4% |
| 2014 | 1.01x | NT$745.78 Million | NT$737.80 Million | ▲ +18.6% |
| 2013 | 0.85x | NT$700.55 Million | NT$822.08 Million | ▼ -68.9% |
| 2012 | 2.74x | NT$1.20 Billion | NT$439.49 Million | ▲ +180.4% |
| 2011 | 0.98x | NT$490.14 Million | NT$501.84 Million | ▲ +1552.8% |
| 2010 | 0.06x | NT$24.66 Million | NT$417.28 Million | ▼ -99.7% |
| 2009 | 22.35x | NT$270.42 Million | NT$12.10 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.