Zhejiang Hengwei Battery Co. Ltd. (301222) — Cash Flow-to-Debt Ratio

Latest as of December 2024: 0.97x

Zhejiang Hengwei Battery Co. Ltd. (301222) has a Cash Flow-to-Debt Ratio of 0.97x as of December 2024, meaning its operating cash flow of CN¥83.61 Million could theoretically repay 1% of its total liabilities (CN¥85.91 Million) in one year. See how financially flexible is Zhejiang Hengwei Battery Co. Ltd. to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.97x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥83.61 Million
CNY

Total Liabilities

CN¥85.91 Million
CNY

Data as of

Dec 2024
Most recent filing

Zhejiang Hengwei Battery Co. Ltd. Cash Flow-to-Debt Ratio (2019–2024)

Historical debt coverage capacity for Zhejiang Hengwei Battery Co. Ltd. across 6 annual periods. For the full cash flow conversion analysis, see Zhejiang Hengwei Battery Co. Ltd. (301222) cash conversion ratio.

Annual Cash Flow-to-Debt Ratio for Zhejiang Hengwei Battery Co. Ltd. (2019–2024)

Year-by-year debt coverage analysis for Zhejiang Hengwei Battery Co. Ltd.. Check Zhejiang Hengwei Battery Co. Ltd. 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
2024 0.97x CN¥83.61 Million CN¥85.91 Million ▼ -48.4%
2023 1.88x CN¥128.63 Million CN¥68.25 Million ▲ +17.7%
2022 1.60x CN¥114.25 Million CN¥71.36 Million ▲ +37.8%
2021 1.16x CN¥64.14 Million CN¥55.21 Million ▼ -17.0%
2020 1.40x CN¥93.13 Million CN¥66.56 Million ▲ +7.3%
2019 1.30x CN¥65.91 Million CN¥50.57 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.