Cangzhou Mingzhu Plastic Co Ltd (002108) — Cash Flow-to-Debt Ratio
Cangzhou Mingzhu Plastic Co Ltd (002108) has a Cash Flow-to-Debt Ratio of -0.01x as of September 2025, meaning its operating cash flow of CN¥-38.05 Million could theoretically repay 0% of its total liabilities (CN¥3.29 Billion) in one year. See financial flexibility index of Cangzhou Mingzhu Plastic Co Ltd 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
Cangzhou Mingzhu Plastic Co Ltd Cash Flow-to-Debt Ratio (2005–2025)
Historical debt coverage capacity for Cangzhou Mingzhu Plastic Co Ltd across 21 annual periods. For the full cash flow conversion analysis, see Cangzhou Mingzhu Plastic Co Ltd cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Cangzhou Mingzhu Plastic Co Ltd (2005–2025)
Year-by-year debt coverage analysis for Cangzhou Mingzhu Plastic Co Ltd. Check Cangzhou Mingzhu Plastic Co Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.05x | CN¥162.76 Million | CN¥3.17 Billion | ▲ +162.1% |
| 2024 | 0.02x | CN¥47.39 Million | CN¥2.42 Billion | ▼ -88.7% |
| 2023 | 0.17x | CN¥344.42 Million | CN¥1.99 Billion | ▲ +7.7% |
| 2022 | 0.16x | CN¥287.23 Million | CN¥1.78 Billion | ▼ -45.2% |
| 2021 | 0.29x | CN¥497.68 Million | CN¥1.69 Billion | ▲ +49.7% |
| 2020 | 0.20x | CN¥268.41 Million | CN¥1.37 Billion | ▲ +45.7% |
| 2019 | 0.13x | CN¥187.93 Million | CN¥1.39 Billion | ▲ +25.4% |
| 2018 | 0.11x | CN¥166.60 Million | CN¥1.55 Billion | ▼ -86.8% |
| 2017 | 0.82x | CN¥502.04 Million | CN¥614.04 Million | ▲ +306.5% |
| 2016 | 0.20x | CN¥172.79 Million | CN¥859.08 Million | ▼ -2.0% |
| 2015 | 0.21x | CN¥132.09 Million | CN¥643.64 Million | ▼ -17.4% |
| 2014 | 0.25x | CN¥221.74 Million | CN¥892.08 Million | ▲ +406.4% |
| 2013 | 0.05x | CN¥46.45 Million | CN¥946.32 Million | ▼ -54.9% |
| 2012 | 0.11x | CN¥72.94 Million | CN¥670.70 Million | ▲ +9.8% |
| 2011 | 0.10x | CN¥55.95 Million | CN¥564.93 Million | ▼ -21.7% |
| 2010 | 0.13x | CN¥70.30 Million | CN¥555.84 Million | ▼ -23.4% |
| 2009 | 0.17x | CN¥74.19 Million | CN¥449.20 Million | ▼ -71.1% |
| 2008 | 0.57x | CN¥123.73 Million | CN¥216.87 Million | ▲ +222.4% |
| 2007 | -0.47x | CN¥-57.61 Million | CN¥123.57 Million | ▼ -477.8% |
| 2006 | 0.12x | CN¥20.28 Million | CN¥164.32 Million | ▼ -60.9% |
| 2005 | 0.32x | CN¥61.77 Million | CN¥195.76 Million | — |