HAXC Holdings (Beijing) Co. Ltd. (300928) — Cash Flow-to-Debt Ratio
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 financial agility of HAXC Holdings (Beijing) 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
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. For the full cash flow conversion analysis, see 300928 operating cash flow.
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.. Check HAXC Holdings (Beijing) Co. Ltd. earnings quality ratio 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¥-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 | — |