HAXC Holdings (Beijing) Co. Ltd. (300928) — Cash Flow-to-Debt Ratio

Latest as of December 2025: -0.17x

HAXC Holdings (Beijing) Co. Ltd. (300928) has a Cash Flow-to-Debt Ratio of -0.17x as of December 2025, meaning its operating cash flow of CN¥-29.40 Million could theoretically repay 0% of its total liabilities (CN¥173.52 Million) in one year. See cash generation quality of HAXC Holdings (Beijing) Co. Ltd. to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

-0.17x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥-29.40 Million
CNY

Total Liabilities

CN¥173.52 Million
CNY

Data as of

Dec 2025
Most recent filing

HAXC Holdings (Beijing) Co. Ltd. Cash Flow-to-Debt Ratio (2019–2025)

Historical debt coverage capacity for HAXC Holdings (Beijing) Co. Ltd. across 7 annual periods. Also explore 300928 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for HAXC Holdings (Beijing) Co. Ltd. (2019–2025)

Year-by-year debt coverage analysis for HAXC Holdings (Beijing) Co. Ltd.. For market capitalisation and broader financial context, see HAXC Holdings (Beijing) Co. Ltd. (300928) total market value.

Year CF-to-Debt Ratio Operating CF (CNY) Total Liabilities YoY Change
2025 -0.17x CN¥-29.40 Million CN¥173.52 Million ▲ +77.8%
2024 -0.76x CN¥-134.39 Million CN¥175.85 Million ▼ -144.3%
2023 1.73x CN¥138.06 Million CN¥79.94 Million ▲ +617.9%
2022 -0.33x CN¥-18.48 Million CN¥55.42 Million ▲ +58.4%
2021 -0.80x CN¥-47.24 Million CN¥58.93 Million ▼ -1955.4%
2020 0.04x CN¥9.99 Million CN¥231.14 Million ▼ -90.6%
2019 0.46x CN¥51.49 Million CN¥112.56 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.