China First Heavy Industries (601106) — Cash Flow-to-Debt Ratio

Latest as of September 2025: 0.02x

China First Heavy Industries (601106) has a Cash Flow-to-Debt Ratio of 0.02x as of September 2025, meaning its operating cash flow of CN¥490.58 Million could theoretically repay 0% of its total liabilities (CN¥31.77 Billion) in one year. See China First Heavy Industries (601106) financial flexibility to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.02x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥490.58 Million
CNY

Total Liabilities

CN¥31.77 Billion
CNY

Data as of

Sep 2025
Most recent filing

China First Heavy Industries Cash Flow-to-Debt Ratio (2008–2024)

Historical debt coverage capacity for China First Heavy Industries across 17 annual periods. For the full cash flow conversion analysis, see China First Heavy Industries cash conversion from operations.

Annual Cash Flow-to-Debt Ratio for China First Heavy Industries (2008–2024)

Year-by-year debt coverage analysis for China First Heavy Industries. Check how high is China First Heavy Industries's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Year CF-to-Debt Ratio Operating CF (CNY) Total Liabilities YoY Change
2024 0.01x CN¥473.22 Million CN¥34.26 Billion ▲ +197.2%
2023 0.00x CN¥143.39 Million CN¥30.85 Billion ▲ +110.8%
2022 -0.04x CN¥-1.26 Billion CN¥29.39 Billion ▼ -268.5%
2021 0.03x CN¥682.17 Million CN¥26.75 Billion ▼ -20.2%
2020 0.03x CN¥690.49 Million CN¥21.62 Billion ▼ -63.5%
2019 0.09x CN¥1.92 Billion CN¥21.93 Billion ▲ +194.0%
2018 0.03x CN¥684.44 Million CN¥23.00 Billion ▼ -32.0%
2017 0.04x CN¥983.43 Million CN¥22.46 Billion ▲ +84.9%
2016 0.02x CN¥500.34 Million CN¥21.13 Billion ▲ +226.9%
2015 -0.02x CN¥-428.87 Million CN¥22.98 Billion ▲ +81.3%
2014 -0.10x CN¥-2.29 Billion CN¥23.02 Billion ▼ -226.0%
2013 0.08x CN¥1.48 Billion CN¥18.77 Billion ▲ +181.2%
2012 -0.10x CN¥-1.87 Billion CN¥19.25 Billion ▼ -2.2%
2011 -0.10x CN¥-1.64 Billion CN¥17.26 Billion ▲ +35.5%
2010 -0.15x CN¥-1.71 Billion CN¥11.56 Billion ▼ -49.8%
2009 -0.10x CN¥-1.76 Billion CN¥17.88 Billion ▼ -49.8%
2008 -0.07x CN¥-1.14 Billion CN¥17.33 Billion —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.