Hes Technology Group (002963) — 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. See 002963 free cash flow generation 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
Hes Technology Group Cash Flow-to-Debt Ratio (2015–2025)
Historical debt coverage capacity for Hes Technology Group across 11 annual periods. Also explore Hes Technology Group equity growth rate to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Hes Technology Group (2015–2025)
Year-by-year debt coverage analysis for Hes Technology Group. For market capitalisation and broader financial context, see how much is Hes Technology Group worth.
| 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 | — |