Hoa Phat Group JSC (HPG) — Cash Flow Quality Index
Hoa Phat Group JSC (HPG) has a Cash Flow Quality Index of 0.76x as of March 2026. Operating cash flow of ₫6.82 Trillion is below net income of ₫8.99 Trillion, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Hoa Phat Group JSC to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hoa Phat Group JSC Cash Flow Quality Index (2019–2025)
Historical Cash Flow Quality Index for Hoa Phat Group JSC across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Hoa Phat Group JSC operating cash flow efficiency.
Annual Cash Flow Quality Index for Hoa Phat Group JSC (2019–2025)
Year-by-year earnings quality comparison for Hoa Phat Group JSC.
| Year | Quality Index | Operating CF (VND) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.12x | ₫17.37 Trillion | ₫15.45 Trillion | ▲ +104.4% |
| 2024 | 0.55x | ₫6.61 Trillion | ₫12.02 Trillion | ▼ -60.8% |
| 2023 | 1.40x | ₫9.59 Trillion | ₫6.84 Trillion | ▼ -3.1% |
| 2022 | 1.45x | ₫12.28 Trillion | ₫8.48 Trillion | ▲ +86.7% |
| 2021 | 0.78x | ₫26.72 Trillion | ₫34.48 Trillion | ▼ -10.1% |
| 2020 | 0.86x | ₫11.59 Trillion | ₫13.44 Trillion | ▼ -15.9% |
| 2019 | 1.02x | ₫7.72 Trillion | ₫7.53 Trillion | — |