Ming Yang Smart Energy Group Ltd (601615) — Cash Flow-to-Debt Ratio

Latest as of September 2025: -0.02x

Ming Yang Smart Energy Group Ltd (601615) has a Cash Flow-to-Debt Ratio of -0.02x as of September 2025, meaning its operating cash flow of CN¥-1.35 Billion could theoretically repay 0% of its total liabilities (CN¥63.91 Billion) in one year. See financial flexibility index of Ming Yang Smart Energy Group Ltd 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¥-1.35 Billion
CNY

Total Liabilities

CN¥63.91 Billion
CNY

Data as of

Sep 2025
Most recent filing

Ming Yang Smart Energy Group Ltd Cash Flow-to-Debt Ratio (2008–2025)

Historical debt coverage capacity for Ming Yang Smart Energy Group Ltd across 18 annual periods. For the full cash flow conversion analysis, see Ming Yang Smart Energy Group Ltd cash flow conversion.

Annual Cash Flow-to-Debt Ratio for Ming Yang Smart Energy Group Ltd (2008–2025)

Year-by-year debt coverage analysis for Ming Yang Smart Energy Group Ltd. Check 601615 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
2025 -0.08x CN¥-5.54 Billion CN¥69.46 Billion ▼ -97.5%
2024 -0.04x CN¥-2.40 Billion CN¥59.53 Billion ▲ +13.7%
2023 -0.05x CN¥-2.59 Billion CN¥55.41 Billion ▼ -138.5%
2022 -0.02x CN¥-795.90 Million CN¥40.57 Billion ▼ -115.6%
2021 0.13x CN¥5.40 Billion CN¥43.00 Billion ▲ +26.3%
2020 0.10x CN¥3.63 Billion CN¥36.54 Billion ▼ -52.3%
2019 0.21x CN¥5.76 Billion CN¥27.60 Billion ▲ +1216.2%
2018 0.02x CN¥276.32 Million CN¥17.44 Billion ▼ -81.8%
2017 0.09x CN¥1.29 Billion CN¥14.87 Billion ▲ +1272.0%
2016 0.01x CN¥91.40 Million CN¥14.42 Billion ▼ -33.3%
2015 0.01x CN¥112.62 Million CN¥11.85 Billion ▼ -92.7%
2014 0.13x CN¥1.28 Billion CN¥9.83 Billion ▲ +866.2%
2013 -0.02x CN¥-127.58 Million CN¥7.48 Billion ▲ +70.0%
2012 -0.06x CN¥-444.45 Million CN¥7.82 Billion ▲ +44.6%
2011 -0.10x CN¥-681.90 Million CN¥6.65 Billion ▲ +40.9%
2010 -0.17x CN¥-775.55 Million CN¥4.47 Billion ▼ -215.6%
2009 0.15x CN¥370.74 Million CN¥2.47 Billion ▲ +158.6%
2008 -0.26x CN¥-186.76 Million CN¥729.40 Million —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.