Taiwan Paiho Ltd (9938) — Cash Flow Quality Index

Latest as of December 2025: 3.81x

Taiwan Paiho Ltd (9938) has a Cash Flow Quality Index of 3.81x as of December 2025. Operating cash flow of NT$831.26 Million exceeds net income of NT$218.16 Million, indicating high earnings quality where cash backs reported profits. Explore debt repayment capacity of Taiwan Paiho Ltd to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

3.81x
Operating CF / Net Income

Operating Cash Flow

NT$831.26 Million
TWD

Net Income

NT$218.16 Million
TWD

Data as of

Dec 2025
Most recent filing

Taiwan Paiho Ltd Cash Flow Quality Index (2002–2025)

Historical Cash Flow Quality Index for Taiwan Paiho Ltd across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Taiwan Paiho Ltd generate cash.

Annual Cash Flow Quality Index for Taiwan Paiho Ltd (2002–2025)

Year-by-year earnings quality comparison for Taiwan Paiho Ltd.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2025 1.92x NT$2.34 Billion NT$1.22 Billion ▲ +60.1%
2024 1.20x NT$2.74 Billion NT$2.28 Billion ▼ -48.9%
2023 2.35x NT$1.36 Billion NT$581.18 Million ▲ +96.5%
2022 1.19x NT$3.07 Billion NT$2.57 Billion ▲ +110.0%
2021 0.57x NT$2.29 Billion NT$4.03 Billion ▼ -71.0%
2020 1.96x NT$5.26 Billion NT$2.68 Billion ▲ +180.1%
2019 0.70x NT$1.77 Billion NT$2.54 Billion ▼ -42.2%
2018 1.21x NT$2.68 Billion NT$2.21 Billion ▲ +170.8%
2017 0.45x NT$1.16 Billion NT$2.59 Billion ▼ -51.6%
2016 0.92x NT$2.17 Billion NT$2.36 Billion ▼ -12.8%
2015 1.06x NT$2.07 Billion NT$1.96 Billion ▼ -17.3%
2014 1.28x NT$2.00 Billion NT$1.57 Billion ▼ -1.7%
2013 1.30x NT$1.46 Billion NT$1.12 Billion ▼ -47.7%
2012 2.49x NT$1.30 Billion NT$521.49 Million ▲ +27.1%
2011 1.96x NT$1.32 Billion NT$674.06 Million ▲ +391.2%
2010 0.40x NT$496.60 Million NT$1.25 Billion ▼ -91.3%
2009 4.57x NT$1.04 Billion NT$227.07 Million ▼ -9.3%
2008 5.05x NT$712.88 Million NT$141.28 Million ▲ +841.2%
2007 0.54x NT$358.89 Million NT$669.42 Million ▼ -43.2%
2006 0.94x NT$455.93 Million NT$483.04 Million ▲ +23.5%
2005 0.76x NT$299.44 Million NT$391.71 Million ▼ -42.7%
2004 1.33x NT$425.24 Million NT$319.02 Million ▲ +17.6%
2003 1.13x NT$233.49 Million NT$206.06 Million ▲ +74.6%
2002 0.65x NT$154.65 Million NT$238.32 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.