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. Also explore Pha Lai Thermal Power JSC assets under control for the complete picture of this company's asset base.
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. Check PPC intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company financial profile, see PPC market cap overview.
| 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 | — |