Iron Force Industrial Co Ltd (2228) — Free Cash Flow Generation Index

Latest as of September 2025: 0.89x

Iron Force Industrial Co Ltd (2228) has a Free Cash Flow Generation Index of 0.89x as of September 2025. Free cash flow of NT$335.91 Million represents 1% of operating cash flow (NT$378.85 Million). See working capital to net assets of Iron Force Industrial Co Ltd to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.89x
Free Cash Flow / Operating CF

Free Cash Flow

NT$335.91 Million
TWD

Operating Cash Flow

NT$378.85 Million
TWD

Capital Expenditures

NT$42.94 Million
TWD

Iron Force Industrial Co Ltd Free Cash Flow Generation Index (2009–2024)

Historical FCF Generation Index trend for Iron Force Industrial Co Ltd across 16 annual periods. Explore 2228 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Iron Force Industrial Co Ltd (2009–2024)

Year-by-year Free Cash Flow Generation Index for Iron Force Industrial Co Ltd. For the full company profile including market capitalisation, see market value of Iron Force Industrial Co Ltd.

Year FCG Index Free Cash Flow (TWD) Operating CF Capital Expenditures YoY Change
2024 0.70x NT$330.07 Million NT$474.66 Million NT$144.59 Million ▼ -17.8%
2023 0.85x NT$1.09 Billion NT$1.29 Billion NT$198.69 Million ▲ +247.1%
2022 0.24x NT$47.93 Million NT$196.58 Million NT$148.65 Million ▼ -42.4%
2021 0.42x NT$133.47 Million NT$315.36 Million NT$181.89 Million ▲ +269.1%
2020 -0.25x NT$-60.78 Million NT$242.90 Million NT$303.68 Million ▼ -165.4%
2019 0.38x NT$259.82 Million NT$679.17 Million NT$419.36 Million ▲ +62.8%
2018 0.23x NT$126.29 Million NT$537.40 Million NT$411.11 Million ▼ -59.5%
2017 0.58x NT$414.21 Million NT$714.62 Million NT$300.40 Million ▲ +36.1%
2016 0.43x NT$330.31 Million NT$775.65 Million NT$445.34 Million ▼ -9.7%
2015 0.47x NT$364.35 Million NT$772.51 Million NT$408.17 Million ▼ -35.8%
2014 0.73x NT$383.96 Million NT$522.74 Million NT$138.79 Million ▼ -0.8%
2013 0.74x NT$265.17 Million NT$358.09 Million NT$92.91 Million ▲ +64.3%
2012 0.45x NT$111.27 Million NT$246.80 Million NT$135.53 Million ▲ +336.1%
2011 -0.19x NT$-36.19 Million NT$189.56 Million NT$225.75 Million ▼ -127.4%
2010 0.70x NT$69.15 Million NT$99.21 Million NT$30.06 Million ▼ -20.2%
2009 0.87x NT$130.72 Million NT$149.69 Million NT$18.98 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).