National Petroleum Co Ltd (9937) — Cash Flow Quality Index

Latest as of December 2025: 1.19x

National Petroleum Co Ltd (9937) has a Cash Flow Quality Index of 1.19x as of December 2025. Operating cash flow of NT$227.23 Million exceeds net income of NT$190.78 Million, indicating high earnings quality where cash backs reported profits. Explore National Petroleum Co Ltd (9937) long-term investment share to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.19x
Operating CF / Net Income

Operating Cash Flow

NT$227.23 Million
TWD

Net Income

NT$190.78 Million
TWD

Data as of

Dec 2025
Most recent filing

National Petroleum Co Ltd Cash Flow Quality Index (2000–2025)

Historical Cash Flow Quality Index for National Petroleum Co Ltd across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of National Petroleum Co Ltd to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for National Petroleum Co Ltd (2000–2025)

Year-by-year earnings quality comparison for National Petroleum Co Ltd. For live market cap and the full company financial profile, see 9937 market cap overview.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2025 1.33x NT$969.38 Million NT$730.02 Million ▲ +4.9%
2024 1.27x NT$1.17 Billion NT$921.85 Million ▼ -31.8%
2023 1.86x NT$1.45 Billion NT$782.95 Million ▲ +8.1%
2022 1.72x NT$1.56 Billion NT$906.62 Million ▼ -13.6%
2021 1.99x NT$2.02 Billion NT$1.01 Billion ▲ +93.8%
2020 1.02x NT$992.63 Million NT$968.73 Million ▼ -31.1%
2019 1.49x NT$1.37 Billion NT$921.55 Million ▲ +23.7%
2018 1.20x NT$1.08 Billion NT$895.80 Million ▼ -61.3%
2017 3.11x NT$2.56 Billion NT$824.88 Million ▲ +175.0%
2016 1.13x NT$948.77 Million NT$840.01 Million ▲ +583.9%
2015 0.17x NT$92.55 Million NT$560.35 Million ▲ +492.8%
2014 0.03x NT$10.94 Million NT$392.56 Million ▲ +100.7%
2013 -4.20x NT$-1.90 Billion NT$451.82 Million ▼ -707.2%
2012 0.69x NT$286.54 Million NT$413.80 Million ▼ -67.1%
2011 2.11x NT$982.77 Million NT$466.30 Million ▲ +279.5%
2010 0.56x NT$1.15 Billion NT$2.07 Billion ▼ -79.3%
2009 2.68x NT$1.20 Billion NT$446.03 Million ▲ +247.1%
2008 -1.82x NT$-703.87 Million NT$385.91 Million ▼ -147.5%
2007 3.84x NT$2.47 Billion NT$642.70 Million ▲ +615.2%
2006 -0.75x NT$-513.47 Million NT$689.06 Million ▼ -113.5%
2005 5.52x NT$2.49 Billion NT$451.60 Million ▲ +194.3%
2004 1.88x NT$948.35 Million NT$505.61 Million ▼ -20.6%
2003 2.36x NT$1.16 Billion NT$492.88 Million ▼ -40.4%
2002 3.97x NT$2.05 Billion NT$518.20 Million ▲ +94.3%
2001 2.04x NT$510.06 Million NT$249.95 Million ▲ +91.6%
2000 1.07x NT$150.60 Million NT$141.40 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.