Gigasolar Materials (3691) — Cash Flow Quality Index

Latest as of March 2024: -20.63x

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 3691 long-term investments to assets to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-20.63x
Operating CF / Net Income

Operating Cash Flow

NT$-949.41 Million
TWD

Net Income

NT$46.03 Million
TWD

Data as of

Mar 2024
Most recent filing

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. Check 3691 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Gigasolar Materials (2015–2020)

Year-by-year earnings quality comparison for Gigasolar Materials. For live market cap and the full company financial profile, see Gigasolar Materials (3691) market capitalisation.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.