National Petroleum Co Ltd (9937) — Cash Flow Quality Index
National Petroleum Co Ltd (9937) has a Cash Flow Quality Index of -3.39x as of June 2026. Operating cash flow of NT$-672.15 Million is below net income of NT$198.48 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore National Petroleum Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see 9937 cash flow metrics.
Annual Cash Flow Quality Index for National Petroleum Co Ltd (2000–2025)
Year-by-year earnings quality comparison for National Petroleum Co Ltd.
| 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 | — |