Hes Technology Group Cash Flow-to-Debt Ratio
Hes Technology Group cash flow-to-debt ratio. Hes Technology Group (002963) has a Cash Flow-to-Debt Ratio of 0.16x as of September 2025, meaning its operating cash flow of CN¥68.47 Million could theoretically repay 0% of its total liabilities (CN¥436.10 Million) in one year. Check how high is Hes Technology Group's earnings quality to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Hes Technology Group (2015–2025)
Cash flow-to-debt ratio of Hes Technology Group from 2015 to 2025. Historical debt coverage capacity for Hes Technology Group across 11 annual periods. Check 002963 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Hes Technology Group Cash Flow-to-Debt Ratio by Year (2015–2025)
Hes Technology Group cash flow-to-debt ratio by year from 2015 to 2025. Year-by-year debt coverage analysis for Hes Technology Group. For the full cash flow conversion analysis, see Hes Technology Group cash flow conversion.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.24x | CN¥102.90 Million | CN¥428.69 Million | ▲ +214.5% |
| 2024 | -0.21x | CN¥-99.30 Million | CN¥473.53 Million | ▼ -178.5% |
| 2023 | 0.27x | CN¥139.10 Million | CN¥521.04 Million | ▲ +198.3% |
| 2022 | -0.27x | CN¥-164.89 Million | CN¥606.96 Million | ▼ -364.0% |
| 2021 | 0.10x | CN¥66.41 Million | CN¥645.47 Million | ▲ +140.1% |
| 2020 | -0.26x | CN¥-122.94 Million | CN¥479.00 Million | ▼ -254.1% |
| 2019 | 0.17x | CN¥107.73 Million | CN¥646.79 Million | ▲ +43.5% |
| 2018 | 0.12x | CN¥48.65 Million | CN¥419.00 Million | ▲ +68.2% |
| 2017 | 0.07x | CN¥15.45 Million | CN¥223.93 Million | ▲ +113.1% |
| 2016 | -0.53x | CN¥-66.89 Million | CN¥126.75 Million | ▼ -449.8% |
| 2015 | 0.15x | CN¥16.22 Million | CN¥107.52 Million | — |