Mustang Industrial (5460) — Cash Flow Quality Index
Mustang Industrial (5460) has a Cash Flow Quality Index of 12.36x as of December 2025. Operating cash flow of NT$17.60 Million exceeds net income of NT$1.42 Million, indicating high earnings quality where cash backs reported profits. Also explore Mustang Industrial assets under control for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Mustang Industrial Cash Flow Quality Index (2017–2024)
Historical Cash Flow Quality Index for Mustang Industrial across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Mustang Industrial (5460) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Mustang Industrial (2017–2024)
Year-by-year earnings quality comparison for Mustang Industrial. For live market cap and the full company financial profile, see Mustang Industrial market capitalisation.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.10x | NT$27.73 Million | NT$13.20 Million | ▼ -72.8% |
| 2021 | 7.71x | NT$30.50 Million | NT$3.96 Million | ▼ -90.0% |
| 2020 | 77.22x | NT$163.94 Million | NT$2.12 Million | ▲ +3270.1% |
| 2019 | 2.29x | NT$112.49 Million | NT$49.09 Million | ▼ -59.8% |
| 2018 | 5.69x | NT$122.59 Million | NT$21.53 Million | ▲ +124.3% |
| 2017 | 2.54x | NT$83.97 Million | NT$33.08 Million | — |