Zhejiang Provincial New Energy Investment Group Co Ltd (600032) — Cash Flow-to-Debt Ratio
Zhejiang Provincial New Energy Investment Group Co Ltd (600032) has a Cash Flow-to-Debt Ratio of 0.07x as of September 2025, meaning its operating cash flow of CN¥2.74 Billion could theoretically repay 0% of its total liabilities (CN¥40.16 Billion) in one year. See 600032 financial flexibility index 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
Zhejiang Provincial New Energy Investment Group Co Ltd Cash Flow-to-Debt Ratio (2016–2024)
Historical debt coverage capacity for Zhejiang Provincial New Energy Investment Group Co Ltd across 9 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Zhejiang Provincial New Energy Investmen.
Annual Cash Flow-to-Debt Ratio for Zhejiang Provincial New Energy Investment Group Co Ltd (2016–2024)
Year-by-year debt coverage analysis for Zhejiang Provincial New Energy Investment Group Co Ltd. Check earnings quality score of Zhejiang Provincial New Energy Investmen to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.07x | CN¥2.82 Billion | CN¥40.12 Billion | ▼ -0.9% |
| 2023 | 0.07x | CN¥2.46 Billion | CN¥34.65 Billion | ▼ -21.1% |
| 2022 | 0.09x | CN¥2.91 Billion | CN¥32.35 Billion | ▲ +127.9% |
| 2021 | 0.04x | CN¥1.16 Billion | CN¥29.36 Billion | ▼ -36.2% |
| 2020 | 0.06x | CN¥1.22 Billion | CN¥19.65 Billion | ▼ -25.5% |
| 2019 | 0.08x | CN¥1.20 Billion | CN¥14.49 Billion | ▲ +26.0% |
| 2018 | 0.07x | CN¥646.02 Million | CN¥9.81 Billion | ▼ -52.9% |
| 2017 | 0.14x | CN¥527.04 Million | CN¥3.77 Billion | ▼ -43.3% |
| 2016 | 0.25x | CN¥844.80 Million | CN¥3.42 Billion | — |