Niching Industrial (3444) — Cash Flow Quality Index
Niching Industrial (3444) has a Cash Flow Quality Index of 4.66x as of June 2025. Operating cash flow of NT$87.02 Million exceeds net income of NT$18.66 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Niching Industrial service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Niching Industrial Cash Flow Quality Index (2017–2024)
Historical Cash Flow Quality Index for Niching Industrial across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Niching Industrial operating cash flow efficiency.
Annual Cash Flow Quality Index for Niching Industrial (2017–2024)
Year-by-year earnings quality comparison for Niching Industrial.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.82x | NT$88.48 Million | NT$107.45 Million | ▼ -42.0% |
| 2023 | 1.42x | NT$158.66 Million | NT$111.84 Million | ▲ +194.1% |
| 2022 | 0.48x | NT$112.94 Million | NT$234.12 Million | ▼ -66.5% |
| 2021 | 1.44x | NT$238.82 Million | NT$165.86 Million | ▲ +252.8% |
| 2020 | 0.41x | NT$51.10 Million | NT$125.19 Million | ▲ +300.8% |
| 2019 | -0.20x | NT$-21.30 Million | NT$104.77 Million | ▼ -131.8% |
| 2018 | 0.64x | NT$38.04 Million | NT$59.51 Million | ▼ -21.6% |
| 2017 | 0.82x | NT$38.96 Million | NT$47.80 Million | — |