Shenzhen Expressway Co Ltd (600548) — Cash Flow-to-Debt Ratio
Shenzhen Expressway Co Ltd (600548) has a Cash Flow-to-Debt Ratio of 0.03x as of December 2025, meaning its operating cash flow of CN¥1.27 Billion could theoretically repay 0% of its total liabilities (CN¥43.16 Billion) in one year. See 600548 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Shenzhen Expressway Co Ltd Cash Flow-to-Debt Ratio (1998–2025)
Historical debt coverage capacity for Shenzhen Expressway Co Ltd across 28 annual periods. Also explore Shenzhen Expressway Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Shenzhen Expressway Co Ltd (1998–2025)
Year-by-year debt coverage analysis for Shenzhen Expressway Co Ltd. For market capitalisation and broader financial context, see Shenzhen Expressway Co Ltd market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | CN¥5.34 Billion | CN¥43.16 Billion | ▲ +34.3% |
| 2024 | 0.09x | CN¥3.72 Billion | CN¥40.36 Billion | ▼ -11.1% |
| 2023 | 0.10x | CN¥4.09 Billion | CN¥39.51 Billion | ▲ +28.7% |
| 2022 | 0.08x | CN¥3.37 Billion | CN¥41.84 Billion | ▼ -32.9% |
| 2021 | 0.12x | CN¥3.94 Billion | CN¥32.84 Billion | ▲ +214.8% |
| 2020 | 0.04x | CN¥1.10 Billion | CN¥28.87 Billion | ▼ -47.3% |
| 2019 | 0.07x | CN¥1.75 Billion | CN¥24.20 Billion | ▼ -51.6% |
| 2018 | 0.15x | CN¥3.22 Billion | CN¥21.56 Billion | ▲ +21.9% |
| 2017 | 0.12x | CN¥2.66 Billion | CN¥21.70 Billion | ▲ +1.9% |
| 2016 | 0.12x | CN¥2.13 Billion | CN¥17.67 Billion | ▲ +13.5% |
| 2015 | 0.11x | CN¥1.77 Billion | CN¥16.71 Billion | ▼ -33.7% |
| 2014 | 0.16x | CN¥1.79 Billion | CN¥11.21 Billion | ▲ +5.4% |
| 2013 | 0.15x | CN¥1.76 Billion | CN¥11.60 Billion | ▲ +32.3% |
| 2012 | 0.11x | CN¥1.53 Billion | CN¥13.34 Billion | ▲ +7.4% |
| 2011 | 0.11x | CN¥1.51 Billion | CN¥14.11 Billion | ▼ -12.2% |
| 2010 | 0.12x | CN¥1.62 Billion | CN¥13.28 Billion | ▲ +108.3% |
| 2009 | 0.06x | CN¥779.94 Million | CN¥13.34 Billion | ▼ -35.1% |
| 2008 | 0.09x | CN¥945.87 Million | CN¥10.50 Billion | ▼ -19.9% |
| 2007 | 0.11x | CN¥811.72 Million | CN¥7.21 Billion | ▼ -59.6% |
| 2006 | 0.28x | CN¥1.00 Billion | CN¥3.60 Billion | ▲ +57.2% |
| 2005 | 0.18x | CN¥645.10 Million | CN¥3.64 Billion | ▼ -48.9% |
| 2004 | 0.35x | CN¥511.54 Million | CN¥1.47 Billion | ▼ -9.0% |
| 2003 | 0.38x | CN¥431.49 Million | CN¥1.13 Billion | ▲ +50.4% |
| 2002 | 0.25x | CN¥441.20 Million | CN¥1.74 Billion | ▼ -16.0% |
| 2001 | 0.30x | CN¥575.22 Million | CN¥1.91 Billion | ▲ +14.3% |
| 2000 | 0.26x | CN¥431.48 Million | CN¥1.63 Billion | ▼ -15.3% |
| 1999 | 0.31x | CN¥383.61 Million | CN¥1.23 Billion | ▼ -24.0% |
| 1998 | 0.41x | CN¥330.30 Million | CN¥804.71 Million | — |