Dark Horse Beijing Technology Co Ltd (300688) — Cash Flow-to-Debt Ratio
Dark Horse Beijing Technology Co Ltd (300688) has a Cash Flow-to-Debt Ratio of -0.08x as of September 2025, meaning its operating cash flow of CN¥-13.21 Million could theoretically repay 0% of its total liabilities (CN¥157.33 Million) in one year. See financial agility of Dark Horse Beijing Technology 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
Dark Horse Beijing Technology Co Ltd Cash Flow-to-Debt Ratio (2013–2024)
Historical debt coverage capacity for Dark Horse Beijing Technology Co Ltd across 12 annual periods. For the full cash flow conversion analysis, see Dark Horse Beijing Technology Co Ltd operating cash flow efficiency.
Annual Cash Flow-to-Debt Ratio for Dark Horse Beijing Technology Co Ltd (2013–2024)
Year-by-year debt coverage analysis for Dark Horse Beijing Technology Co Ltd. Check 300688 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | -0.14x | CN¥-29.41 Million | CN¥210.66 Million | ▼ -186.2% |
| 2023 | -0.05x | CN¥-9.97 Million | CN¥204.36 Million | ▼ -354.5% |
| 2022 | 0.02x | CN¥4.50 Million | CN¥234.86 Million | ▼ -91.0% |
| 2021 | 0.21x | CN¥41.14 Million | CN¥193.90 Million | ▼ -22.0% |
| 2020 | 0.27x | CN¥29.51 Million | CN¥108.45 Million | ▼ -28.5% |
| 2019 | 0.38x | CN¥34.49 Million | CN¥90.62 Million | ▲ +206.8% |
| 2018 | -0.36x | CN¥-32.19 Million | CN¥90.38 Million | ▼ -305.2% |
| 2017 | 0.17x | CN¥13.97 Million | CN¥80.52 Million | ▼ -66.8% |
| 2016 | 0.52x | CN¥42.70 Million | CN¥81.67 Million | ▼ -20.8% |
| 2015 | 0.66x | CN¥55.50 Million | CN¥84.06 Million | ▲ +36.6% |
| 2014 | 0.48x | CN¥27.54 Million | CN¥57.00 Million | ▼ -22.5% |
| 2013 | 0.62x | CN¥14.83 Million | CN¥23.77 Million | — |