MPI Corporation (6223) — Cash Flow Quality Index

Latest as of March 2026: 0.81x

MPI Corporation (6223) has a Cash Flow Quality Index of 0.81x as of March 2026. Operating cash flow of NT$991.61 Million is below net income of NT$1.23 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can MPI Corporation service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.81x
Operating CF / Net Income

Operating Cash Flow

NT$991.61 Million
TWD

Net Income

NT$1.23 Billion
TWD

Data as of

Mar 2026
Most recent filing

MPI Corporation Cash Flow Quality Index (2006–2025)

Historical Cash Flow Quality Index for MPI Corporation across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 6223 cash flow metrics.

Annual Cash Flow Quality Index for MPI Corporation (2006–2025)

Year-by-year earnings quality comparison for MPI Corporation.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2025 0.64x NT$2.04 Billion NT$3.18 Billion ▼ -29.6%
2024 0.91x NT$2.10 Billion NT$2.30 Billion ▲ +37.1%
2023 0.66x NT$1.05 Billion NT$1.57 Billion ▼ -44.2%
2022 1.19x NT$1.72 Billion NT$1.44 Billion ▲ +54.0%
2021 0.77x NT$641.34 Million NT$828.74 Million ▼ -42.4%
2020 1.34x NT$1.13 Billion NT$844.72 Million ▼ -2.2%
2019 1.37x NT$672.00 Million NT$489.03 Million ▼ -32.2%
2018 2.03x NT$806.43 Million NT$397.62 Million ▲ +283.7%
2017 -1.10x NT$-226.11 Million NT$204.83 Million ▼ -174.2%
2016 1.49x NT$969.32 Million NT$651.49 Million ▲ +438.6%
2015 -0.44x NT$-157.97 Million NT$359.51 Million ▼ -161.8%
2014 0.71x NT$425.85 Million NT$599.38 Million ▼ -9.3%
2013 0.78x NT$255.87 Million NT$326.60 Million ▼ -41.6%
2012 1.34x NT$369.37 Million NT$275.55 Million ▲ +432.0%
2011 0.25x NT$158.96 Million NT$630.85 Million ▼ -83.0%
2010 1.48x NT$1.11 Billion NT$747.46 Million ▼ -12.5%
2008 1.69x NT$437.51 Million NT$258.50 Million ▲ +108.2%
2007 0.81x NT$341.43 Million NT$420.09 Million ▲ +13.5%
2006 0.72x NT$278.22 Million NT$388.57 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.