Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) — Cash Flow-to-Debt Ratio

Latest as of September 2025: -0.07x

Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) has a Cash Flow-to-Debt Ratio of -0.07x as of September 2025, meaning its operating cash flow of CN¥-13.85 Million could theoretically repay 0% of its total liabilities (CN¥189.93 Million) in one year. See 300766 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

-0.07x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥-13.85 Million
CNY

Total Liabilities

CN¥189.93 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Merit Interactive Network Technology Co Ltd Class A Cash Flow-to-Debt Ratio (2014–2025)

Historical debt coverage capacity for Zhejiang Merit Interactive Network Technology Co Ltd Class A across 12 annual periods. For the full cash flow conversion analysis, see Zhejiang Merit Interactive Network Techn cash conversion from operations.

Annual Cash Flow-to-Debt Ratio for Zhejiang Merit Interactive Network Technology Co Ltd Class A (2014–2025)

Year-by-year debt coverage analysis for Zhejiang Merit Interactive Network Technology Co Ltd Class A. Check Zhejiang Merit Interactive Network Techn 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
2025 0.17x CN¥47.57 Million CN¥271.96 Million ▲ +153.1%
2024 0.07x CN¥18.85 Million CN¥272.80 Million ▲ +110.3%
2023 0.03x CN¥12.10 Million CN¥368.07 Million ▼ -80.0%
2022 0.16x CN¥68.34 Million CN¥415.41 Million ▼ -75.9%
2021 0.68x CN¥249.87 Million CN¥365.78 Million ▲ +432.4%
2020 0.13x CN¥44.93 Million CN¥350.14 Million ▲ +253.4%
2019 -0.08x CN¥-10.83 Million CN¥129.46 Million ▼ -103.4%
2018 2.47x CN¥219.06 Million CN¥88.65 Million ▲ +19.9%
2017 2.06x CN¥121.77 Million CN¥59.06 Million ▲ +2.7%
2016 2.01x CN¥53.16 Million CN¥26.47 Million ▲ +824.7%
2015 -0.28x CN¥-13.60 Million CN¥49.09 Million ▼ -123.6%
2014 -0.12x CN¥-2.35 Million CN¥18.96 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.