Hengtong Logistic Co Ltd (603223) — Cash Flow-to-Debt Ratio

Latest as of September 2025: -0.23x

Hengtong Logistic Co Ltd (603223) has a Cash Flow-to-Debt Ratio of -0.23x as of September 2025, meaning its operating cash flow of CN¥-318.66 Million could theoretically repay 0% of its total liabilities (CN¥1.40 Billion) in one year. See Hengtong Logistic Co Ltd leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

-0.23x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥-318.66 Million
CNY

Total Liabilities

CN¥1.40 Billion
CNY

Data as of

Sep 2025
Most recent filing

Hengtong Logistic Co Ltd Cash Flow-to-Debt Ratio (2009–2025)

Historical debt coverage capacity for Hengtong Logistic Co Ltd across 17 annual periods. For the full cash flow conversion analysis, see Hengtong Logistic Co Ltd cash conversion from operations.

Annual Cash Flow-to-Debt Ratio for Hengtong Logistic Co Ltd (2009–2025)

Year-by-year debt coverage analysis for Hengtong Logistic Co Ltd. Check 603223 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Year CF-to-Debt Ratio Operating CF (CNY) Total Liabilities YoY Change
2025 0.38x CN¥456.18 Million CN¥1.20 Billion ▲ +140.6%
2024 0.16x CN¥261.90 Million CN¥1.66 Billion ▼ -62.2%
2023 0.42x CN¥520.43 Million CN¥1.25 Billion ▲ +607.6%
2022 -0.08x CN¥-67.49 Million CN¥819.91 Million ▼ -118.9%
2021 0.44x CN¥199.36 Million CN¥457.45 Million ▼ -23.8%
2020 0.57x CN¥306.28 Million CN¥535.19 Million ▲ +525.4%
2019 0.09x CN¥46.91 Million CN¥512.67 Million ▲ +509.9%
2018 -0.02x CN¥-12.43 Million CN¥556.82 Million ▼ -105.2%
2017 0.43x CN¥218.85 Million CN¥512.50 Million ▼ -3.7%
2016 0.44x CN¥95.06 Million CN¥214.41 Million ▼ -31.8%
2015 0.65x CN¥149.32 Million CN¥229.66 Million ▲ +115.4%
2014 0.30x CN¥104.52 Million CN¥346.31 Million ▲ +46.0%
2013 0.21x CN¥77.02 Million CN¥372.57 Million ▼ -32.1%
2012 0.30x CN¥107.36 Million CN¥352.53 Million ▲ +26.4%
2011 0.24x CN¥65.99 Million CN¥273.98 Million ▲ +17.1%
2010 0.21x CN¥26.67 Million CN¥129.71 Million ▲ +128.7%
2009 0.09x CN¥7.89 Million CN¥87.74 Million —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.