Zhong Yang Technology Co Ltd Cash Flow Quality Index

Latest as of December 2020: 1.53x

Zhong Yang Technology Co Ltd cash flow quality index. Zhong Yang Technology Co Ltd (6668) has a Cash Flow Quality Index of 1.53x as of December 2020. Operating cash flow of NT$155.58 Million exceeds net income of NT$101.97 Million, indicating high earnings quality where cash backs reported profits. See Zhong Yang Technology Co Ltd (6668) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

1.53x
Operating CF / Net Income

Operating Cash Flow

NT$155.58 Million
TWD

Net Income

NT$101.97 Million
TWD

Data as of

Dec 2020
Most recent filing

Cash Flow Quality Index of Zhong Yang Technology Co Ltd (2014–2020)

Cash flow quality index of Zhong Yang Technology Co Ltd from 2014 to 2020. Historical Cash Flow Quality Index for Zhong Yang Technology Co Ltd across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore debt repayment capacity of Zhong Yang Technology Co Ltd to assess how comfortably operating cash covers total debt obligations.

Zhong Yang Technology Co Ltd Cash Flow Quality Index by Year (2014–2020)

Zhong Yang Technology Co Ltd cash flow quality index by year from 2014 to 2020. Year-by-year earnings quality comparison for Zhong Yang Technology Co Ltd. For the full cash flow conversion analysis, see Zhong Yang Technology Co Ltd cash conversion from operations.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2020 1.35x NT$246.00 Million NT$182.18 Million ▼ -2.0%
2019 1.38x NT$189.59 Million NT$137.60 Million ▲ +168.8%
2018 0.51x NT$102.42 Million NT$199.78 Million ▼ -36.5%
2017 0.81x NT$276.07 Million NT$342.07 Million ▲ +387.4%
2016 -0.28x NT$-38.04 Million NT$135.44 Million ▼ -123.3%
2015 1.21x NT$67.76 Million NT$56.17 Million ▲ +3.3%
2014 1.17x NT$4.96 Million NT$4.24 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.