Sung Gang Asset Management Ltd (6240) — Cash Flow Quality Index
Sung Gang Asset Management Ltd (6240) has a Cash Flow Quality Index of -0.18x as of June 2024. Operating cash flow of NT$-9.41 Million is below net income of NT$51.08 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore 6240 asset base for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Sung Gang Asset Management Ltd Cash Flow Quality Index (2018–2024)
Historical Cash Flow Quality Index for Sung Gang Asset Management Ltd across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Sung Gang Asset Management Ltd to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Sung Gang Asset Management Ltd (2018–2024)
Year-by-year earnings quality comparison for Sung Gang Asset Management Ltd. For live market cap and the full company financial profile, see Sung Gang Asset Management Ltd (6240) total market value.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -1.12x | NT$-9.05 Million | NT$8.08 Million | ▼ -231.4% |
| 2022 | -0.34x | NT$-18.45 Million | NT$54.55 Million | ▼ -145.9% |
| 2021 | -0.14x | NT$-3.74 Million | NT$27.22 Million | ▲ +97.8% |
| 2020 | -6.39x | NT$-2.47 Million | NT$386.00K | ▼ -214.7% |
| 2018 | 5.57x | NT$166.12 Million | NT$29.82 Million | — |