Gigasolar Materials (3691) — Cash Flow Quality Index
Gigasolar Materials (3691) has a Cash Flow Quality Index of -20.63x as of March 2024. Operating cash flow of NT$-949.41 Million is below net income of NT$46.03 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Gigasolar Materials 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
Gigasolar Materials Cash Flow Quality Index (2015–2020)
Historical Cash Flow Quality Index for Gigasolar Materials across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Gigasolar Materials cash flow conversion.
Annual Cash Flow Quality Index for Gigasolar Materials (2015–2020)
Year-by-year earnings quality comparison for Gigasolar Materials.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2020 | 5.55x | NT$1.11 Billion | NT$200.24 Million | ▲ +13.1% |
| 2019 | 4.90x | NT$926.30 Million | NT$188.93 Million | ▲ +162.6% |
| 2016 | 1.87x | NT$3.01 Billion | NT$1.61 Billion | ▲ +584.5% |
| 2015 | 0.27x | NT$658.61 Million | NT$2.41 Billion | — |