Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) — Cash Flow-to-Debt Ratio
Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) has a Cash Flow-to-Debt Ratio of 0.08x as of September 2025, meaning its operating cash flow of CN¥185.80 Million could theoretically repay 0% of its total liabilities (CN¥2.37 Billion) in one year. See how financially flexible is Zhejiang Xinneng Photovoltaic Technology 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 Xinneng Photovoltaic Technology Co Ltd Cash Flow-to-Debt Ratio (2013–2024)
Historical debt coverage capacity for Zhejiang Xinneng Photovoltaic Technology Co Ltd across 12 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Zhejiang Xinneng Photovoltaic Technology.
Annual Cash Flow-to-Debt Ratio for Zhejiang Xinneng Photovoltaic Technology Co Ltd (2013–2024)
Year-by-year debt coverage analysis for Zhejiang Xinneng Photovoltaic Technology Co Ltd. Check how high is Zhejiang Xinneng Photovoltaic Technology'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 | 0.18x | CN¥388.83 Million | CN¥2.11 Billion | ▲ +17.1% |
| 2023 | 0.16x | CN¥359.06 Million | CN¥2.28 Billion | ▼ -52.0% |
| 2022 | 0.33x | CN¥572.88 Million | CN¥1.74 Billion | ▲ +32.9% |
| 2021 | 0.25x | CN¥378.29 Million | CN¥1.53 Billion | ▲ +22.0% |
| 2020 | 0.20x | CN¥256.07 Million | CN¥1.26 Billion | ▲ +11.2% |
| 2019 | 0.18x | CN¥219.52 Million | CN¥1.21 Billion | ▲ +267.2% |
| 2018 | -0.11x | CN¥-120.00 Million | CN¥1.10 Billion | ▼ -169.0% |
| 2017 | 0.16x | CN¥185.55 Million | CN¥1.18 Billion | ▲ +178.6% |
| 2016 | -0.20x | CN¥-156.76 Million | CN¥781.40 Million | ▼ -273.5% |
| 2015 | 0.12x | CN¥122.02 Million | CN¥1.06 Billion | ▲ +60.5% |
| 2014 | 0.07x | CN¥56.16 Million | CN¥779.64 Million | ▲ +72.2% |
| 2013 | 0.04x | CN¥25.98 Million | CN¥621.27 Million | — |