Tang Eng Iron Works Co Ltd (2035) — Cash Flow Quality Index

Latest as of March 2023: -52.11x

Tang Eng Iron Works Co Ltd (2035) has a Cash Flow Quality Index of -52.11x as of March 2023. Operating cash flow of NT$-502.46 Million is below net income of NT$9.64 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Tang Eng Iron Works Co Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-52.11x
Operating CF / Net Income

Operating Cash Flow

NT$-502.46 Million
TWD

Net Income

NT$9.64 Million
TWD

Data as of

Mar 2023
Most recent filing

Tang Eng Iron Works Co Ltd Cash Flow Quality Index (2003–2021)

Historical Cash Flow Quality Index for Tang Eng Iron Works Co Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Tang Eng Iron Works Co Ltd (2035) cash conversion ratio.

Annual Cash Flow Quality Index for Tang Eng Iron Works Co Ltd (2003–2021)

Year-by-year earnings quality comparison for Tang Eng Iron Works Co Ltd.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2021 0.27x NT$430.64 Million NT$1.59 Billion ▲ +100.4%
2019 -71.47x NT$-1.07 Billion NT$14.95 Million ▼ -5589.2%
2017 -1.26x NT$-305.55 Million NT$243.22 Million ▼ -175.7%
2016 1.66x NT$835.61 Million NT$503.35 Million ▼ -77.3%
2014 7.30x NT$2.56 Billion NT$350.70 Million ▲ +1258.6%
2011 0.54x NT$260.27 Million NT$484.22 Million ▲ +47.5%
2009 0.36x NT$596.37 Million NT$1.64 Billion ▼ -73.6%
2005 1.38x NT$1.46 Billion NT$1.06 Billion ▲ +129.7%
2004 0.60x NT$1.11 Billion NT$1.85 Billion ▼ -45.0%
2003 1.09x NT$1.71 Billion NT$1.57 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.