Zhejiang Huangma Technology Co Ltd (603181) — Cash Flow-to-Debt Ratio

Latest as of September 2025: 0.21x

Zhejiang Huangma Technology Co Ltd (603181) has a Cash Flow-to-Debt Ratio of 0.21x as of September 2025, meaning its operating cash flow of CN¥156.83 Million could theoretically repay 0% of its total liabilities (CN¥755.45 Million) in one year. See Zhejiang Huangma Technology Co Ltd leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.21x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥156.83 Million
CNY

Total Liabilities

CN¥755.45 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Huangma Technology Co Ltd Cash Flow-to-Debt Ratio (2013–2025)

Historical debt coverage capacity for Zhejiang Huangma Technology Co Ltd across 13 annual periods. For the full cash flow conversion analysis, see Zhejiang Huangma Technology Co Ltd (603181) cash flow conversion.

Annual Cash Flow-to-Debt Ratio for Zhejiang Huangma Technology Co Ltd (2013–2025)

Year-by-year debt coverage analysis for Zhejiang Huangma Technology Co Ltd. Check Zhejiang Huangma Technology Co Ltd 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 0.52x CN¥451.05 Million CN¥869.63 Million ▲ +320.4%
2024 0.12x CN¥94.22 Million CN¥763.56 Million ▼ -75.1%
2023 0.50x CN¥326.89 Million CN¥660.30 Million ▼ -19.7%
2022 0.62x CN¥480.72 Million CN¥779.53 Million ▲ +1288.0%
2021 0.04x CN¥34.55 Million CN¥777.68 Million ▲ +18.3%
2020 0.04x CN¥33.60 Million CN¥894.60 Million ▼ -72.5%
2019 0.14x CN¥98.46 Million CN¥721.25 Million ▼ -69.8%
2018 0.45x CN¥205.12 Million CN¥453.98 Million ▲ +26.9%
2017 0.36x CN¥87.59 Million CN¥246.04 Million ▲ +48.2%
2016 0.24x CN¥147.30 Million CN¥613.18 Million ▲ +59.7%
2015 0.15x CN¥99.37 Million CN¥660.73 Million ▲ +8.0%
2014 0.14x CN¥137.10 Million CN¥984.17 Million ▼ -8.7%
2013 0.15x CN¥92.07 Million CN¥603.19 Million —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.