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 cash generation quality of Shenzhen Kaifa Technology Co Ltd to measure how efficiently the company converts operating cash flow to free cash.
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. Also explore 000021 net asset momentum to track the company's year-over-year net asset growth rate.
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. For market capitalisation and broader financial context, see market cap of Shenzhen Kaifa Technology Co Ltd.
| 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 | — |