Shenzhen Topraysolar Co Ltd (002218) — Cash Flow-to-Debt Ratio

Latest as of September 2025: 0.14x

Shenzhen Topraysolar Co Ltd (002218) has a Cash Flow-to-Debt Ratio of 0.14x as of September 2025, meaning its operating cash flow of CN¥364.15 Million could theoretically repay 0% of its total liabilities (CN¥2.60 Billion) in one year. See Shenzhen Topraysolar Co Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.14x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥364.15 Million
CNY

Total Liabilities

CN¥2.60 Billion
CNY

Data as of

Sep 2025
Most recent filing

Shenzhen Topraysolar Co Ltd Cash Flow-to-Debt Ratio (2004–2024)

Historical debt coverage capacity for Shenzhen Topraysolar Co Ltd across 21 annual periods. For the full cash flow conversion analysis, see 002218 cash flow metrics.

Annual Cash Flow-to-Debt Ratio for Shenzhen Topraysolar Co Ltd (2004–2024)

Year-by-year debt coverage analysis for Shenzhen Topraysolar Co Ltd. Check Shenzhen Topraysolar Co Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Year CF-to-Debt Ratio Operating CF (CNY) Total Liabilities YoY Change
2024 0.06x CN¥164.56 Million CN¥2.62 Billion ▲ +84.2%
2023 0.03x CN¥83.71 Million CN¥2.46 Billion ▼ -79.3%
2022 0.16x CN¥479.53 Million CN¥2.91 Billion ▲ +190.3%
2021 0.06x CN¥159.42 Million CN¥2.80 Billion ▼ -50.7%
2020 0.12x CN¥394.23 Million CN¥3.42 Billion ▲ +16.6%
2019 0.10x CN¥327.17 Million CN¥3.31 Billion ▲ +401.7%
2018 0.02x CN¥67.92 Million CN¥3.45 Billion ▲ +26.3%
2017 0.02x CN¥45.48 Million CN¥2.92 Billion ▼ -0.1%
2016 0.02x CN¥32.78 Million CN¥2.10 Billion ▼ -32.7%
2015 0.02x CN¥38.06 Million CN¥1.64 Billion ▼ -70.9%
2014 0.08x CN¥142.69 Million CN¥1.79 Billion ▲ +218.6%
2013 -0.07x CN¥-75.56 Million CN¥1.13 Billion ▼ -793.2%
2012 -0.01x CN¥-6.59 Million CN¥876.96 Million ▲ +98.4%
2011 -0.47x CN¥-281.74 Million CN¥594.26 Million ▼ -715.6%
2010 0.08x CN¥44.91 Million CN¥583.12 Million ▼ -75.9%
2009 0.32x CN¥63.00 Million CN¥197.25 Million ▲ +36.7%
2008 0.23x CN¥19.85 Million CN¥84.95 Million ▼ -87.3%
2007 1.83x CN¥53.35 Million CN¥29.10 Million ▲ +110.3%
2006 0.87x CN¥33.51 Million CN¥38.44 Million ▼ -24.6%
2005 1.16x CN¥40.56 Million CN¥35.11 Million ▲ +91.6%
2004 0.60x CN¥9.22 Million CN¥15.29 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.