Vinhomes JSC (VHM) — Cash Flow Quality Index
Latest as of December 2025:
-0.08x
Vinhomes JSC (VHM) has a Cash Flow Quality Index of -0.08x as of December 2025. Operating cash flow of ₫-2.23 Trillion is below net income of ₫26.73 Trillion, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Vinhomes JSC to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-0.08x
Operating CF / Net Income
Operating Cash Flow
₫-2.23 Trillion
VND
Net Income
₫26.73 Trillion
VND
Data as of
Dec 2025
Most recent filing
Vinhomes JSC Cash Flow Quality Index (2019–2025)
Historical Cash Flow Quality Index for Vinhomes JSC across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Vinhomes JSC (VHM) cash conversion ratio.
Annual Cash Flow Quality Index for Vinhomes JSC (2019–2025)
Year-by-year earnings quality comparison for Vinhomes JSC.
| Year | Quality Index | Operating CF (VND) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.99x | ₫40.67 Trillion | ₫41.11 Trillion | ▲ +239.3% |
| 2024 | -0.71x | ₫-22.40 Trillion | ₫31.53 Trillion | ▼ -236.3% |
| 2023 | 0.52x | ₫17.27 Trillion | ₫33.13 Trillion | ▼ -51.8% |
| 2022 | 1.08x | ₫31.00 Trillion | ₫28.63 Trillion | ▲ +147.5% |
| 2021 | 0.44x | ₫17.07 Trillion | ₫39.02 Trillion | ▼ -51.0% |
| 2020 | 0.89x | ₫24.88 Trillion | ₫27.84 Trillion | ▼ -61.8% |
| 2019 | 2.34x | ₫51.93 Trillion | ₫22.17 Trillion | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.