Pha Lai Thermal Power JSC (PPC) — Cash Flow Quality Index
Pha Lai Thermal Power JSC (PPC) has a Cash Flow Quality Index of -3.59x as of March 2026. Operating cash flow of ₫-343.82 Billion is below net income of ₫95.73 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Pha Lai Thermal Power JSC cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Pha Lai Thermal Power JSC Cash Flow Quality Index (2019–2025)
Historical Cash Flow Quality Index for Pha Lai Thermal Power JSC across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Pha Lai Thermal Power JSC (PPC) cash flow conversion.
Annual Cash Flow Quality Index for Pha Lai Thermal Power JSC (2019–2025)
Year-by-year earnings quality comparison for Pha Lai Thermal Power JSC.
| Year | Quality Index | Operating CF (VND) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.88x | ₫319.54 Billion | ₫169.86 Billion | ▲ +62.9% |
| 2024 | 1.15x | ₫493.13 Billion | ₫427.07 Billion | ▲ +501.1% |
| 2023 | -0.29x | ₫-125.35 Billion | ₫435.43 Billion | ▲ +90.0% |
| 2022 | -2.89x | ₫-1.08 Trillion | ₫372.66 Billion | ▼ -256.5% |
| 2021 | 1.85x | ₫530.62 Billion | ₫287.27 Billion | ▲ +105.9% |
| 2020 | 0.90x | ₫903.79 Billion | ₫1.01 Trillion | ▲ +323.4% |
| 2019 | 0.21x | ₫267.13 Billion | ₫1.26 Trillion | — |