Zhong Yang Technology Co Ltd (6668) — Cash Flow Quality Index

Latest as of December 2020: 1.53x

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. Also explore 6668 total assets for the complete picture of this company's asset base.

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

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

Historical Cash Flow Quality Index for Zhong Yang Technology Co Ltd across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Zhong Yang Technology Co Ltd to evaluate the tangible quality of the company's equity base.

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

Year-by-year earnings quality comparison for Zhong Yang Technology Co Ltd. For live market cap and the full company financial profile, see Zhong Yang Technology Co Ltd market cap and net worth.

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.