Hoasen Group (HSG) — Cash Flow Quality Index
Hoasen Group (HSG) has a Cash Flow Quality Index of -15.35x as of December 2025. Operating cash flow of ₫-957.80 Billion is below net income of ₫62.40 Billion, suggesting accrual-heavy earnings not yet converted to cash. Also explore Hoasen Group asset portfolio for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hoasen Group Cash Flow Quality Index (2019–2025)
Historical Cash Flow Quality Index for Hoasen Group across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Hoasen Group (HSG) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Hoasen Group (2019–2025)
Year-by-year earnings quality comparison for Hoasen Group. For live market cap and the full company financial profile, see Hoasen Group (HSG) total market value.
| Year | Quality Index | Operating CF (VND) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 5.01x | ₫3.69 Trillion | ₫735.02 Billion | ▲ +280.8% |
| 2024 | -2.77x | ₫-1.41 Trillion | ₫510.12 Billion | ▼ -104.5% |
| 2023 | 62.17x | ₫1.87 Trillion | ₫30.01 Billion | ▲ +448.7% |
| 2022 | 11.33x | ₫2.84 Trillion | ₫251.05 Billion | ▲ +3166.3% |
| 2021 | 0.35x | ₫1.50 Trillion | ₫4.31 Trillion | ▼ -81.0% |
| 2020 | 1.83x | ₫2.11 Trillion | ₫1.15 Trillion | ▼ -87.2% |
| 2019 | 14.34x | ₫5.18 Trillion | ₫361.35 Billion | — |