Shenzhen Kaifa Technology Co Ltd (000021) — Cash Flow-to-Debt Ratio
Shenzhen Kaifa Technology Co Ltd (000021) has a Cash Flow-to-Debt Ratio of 0.05x as of September 2025, meaning its operating cash flow of CN¥638.44 Million could theoretically repay 0% of its total liabilities (CN¥11.71 Billion) in one year. See 000021 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Shenzhen Kaifa Technology Co Ltd Cash Flow-to-Debt Ratio (1998–2025)
Historical debt coverage capacity for Shenzhen Kaifa Technology Co Ltd across 28 annual periods. For the full cash flow conversion analysis, see Shenzhen Kaifa Technology Co Ltd cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for Shenzhen Kaifa Technology Co Ltd (1998–2025)
Year-by-year debt coverage analysis for Shenzhen Kaifa Technology Co Ltd. Check earnings quality score of Shenzhen Kaifa Technology Co Ltd to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | CN¥1.76 Billion | CN¥10.41 Billion | ▼ -9.8% |
| 2024 | 0.19x | CN¥2.43 Billion | CN¥12.92 Billion | ▲ +37.1% |
| 2023 | 0.14x | CN¥2.00 Billion | CN¥14.60 Billion | ▲ +142.7% |
| 2022 | 0.06x | CN¥895.70 Million | CN¥15.85 Billion | ▲ +1.4% |
| 2021 | 0.06x | CN¥867.61 Million | CN¥15.57 Billion | ▼ -75.6% |
| 2020 | 0.23x | CN¥3.12 Billion | CN¥13.68 Billion | ▲ +359.1% |
| 2019 | -0.09x | CN¥-1.00 Billion | CN¥11.35 Billion | ▼ -293.2% |
| 2018 | 0.05x | CN¥420.77 Million | CN¥9.23 Billion | ▼ -32.4% |
| 2017 | 0.07x | CN¥719.67 Million | CN¥10.67 Billion | ▲ +21.4% |
| 2016 | 0.06x | CN¥356.54 Million | CN¥6.42 Billion | ▲ +3.4% |
| 2015 | 0.05x | CN¥490.46 Million | CN¥9.13 Billion | ▲ +609.0% |
| 2014 | -0.01x | CN¥-99.09 Million | CN¥9.39 Billion | ▼ -120.6% |
| 2013 | 0.05x | CN¥448.85 Million | CN¥8.77 Billion | ▲ +7.2% |
| 2012 | 0.05x | CN¥287.85 Million | CN¥6.03 Billion | ▲ +69.0% |
| 2011 | 0.03x | CN¥170.08 Million | CN¥6.02 Billion | ▼ -45.9% |
| 2010 | 0.05x | CN¥114.43 Million | CN¥2.19 Billion | ▼ -84.4% |
| 2009 | 0.33x | CN¥493.69 Million | CN¥1.48 Billion | ▲ +9.1% |
| 2008 | 0.31x | CN¥338.52 Million | CN¥1.10 Billion | ▲ +786.6% |
| 2007 | -0.04x | CN¥-74.01 Million | CN¥1.66 Billion | ▼ -105.8% |
| 2006 | 0.77x | CN¥712.39 Million | CN¥927.83 Million | ▲ +512.5% |
| 2005 | 0.13x | CN¥176.07 Million | CN¥1.40 Billion | ▼ -70.5% |
| 2004 | 0.43x | CN¥571.80 Million | CN¥1.34 Billion | ▼ -5.6% |
| 2003 | 0.45x | CN¥846.69 Million | CN¥1.88 Billion | ▲ +374.5% |
| 2002 | 0.09x | CN¥255.04 Million | CN¥2.69 Billion | ▲ +7.9% |
| 2001 | 0.09x | CN¥204.96 Million | CN¥2.33 Billion | ▲ +131.3% |
| 2000 | -0.28x | CN¥-439.52 Million | CN¥1.56 Billion | ▼ -191.0% |
| 1999 | 0.31x | CN¥496.29 Million | CN¥1.61 Billion | ▲ +53.6% |
| 1998 | 0.20x | CN¥331.24 Million | CN¥1.65 Billion | — |