Three Stars NM (603578) — Cash Flow-to-Debt Ratio
Three Stars NM (603578) has a Cash Flow-to-Debt Ratio of 0.06x as of September 2025, meaning its operating cash flow of CN¥218.35 Million could theoretically repay 0% of its total liabilities (CN¥3.55 Billion) in one year. See Three Stars NM (603578) financial flexibility 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
Three Stars NM Cash Flow-to-Debt Ratio (2012–2025)
Historical debt coverage capacity for Three Stars NM across 14 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Three Stars NM.
Annual Cash Flow-to-Debt Ratio for Three Stars NM (2012–2025)
Year-by-year debt coverage analysis for Three Stars NM. Check Three Stars NM cash 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 |
|---|---|---|---|---|
| 2025 | 0.17x | CN¥630.21 Million | CN¥3.68 Billion | ▲ +7817.3% |
| 2024 | 0.00x | CN¥7.45 Million | CN¥3.44 Billion | ▼ -97.3% |
| 2023 | 0.08x | CN¥125.07 Million | CN¥1.57 Billion | ▲ +138.4% |
| 2022 | -0.21x | CN¥-49.58 Million | CN¥238.45 Million | ▼ -489.5% |
| 2021 | 0.05x | CN¥16.61 Million | CN¥311.10 Million | ▼ -43.4% |
| 2020 | 0.09x | CN¥30.88 Million | CN¥327.40 Million | ▼ -88.5% |
| 2019 | 0.82x | CN¥245.32 Million | CN¥298.31 Million | ▲ +903.3% |
| 2018 | -0.10x | CN¥-9.78 Million | CN¥95.56 Million | ▼ -129.7% |
| 2017 | 0.34x | CN¥36.41 Million | CN¥105.79 Million | ▼ -35.7% |
| 2016 | 0.54x | CN¥41.77 Million | CN¥78.05 Million | ▼ -16.0% |
| 2015 | 0.64x | CN¥39.74 Million | CN¥62.35 Million | ▼ -12.5% |
| 2014 | 0.73x | CN¥45.80 Million | CN¥62.85 Million | ▲ +117.3% |
| 2013 | 0.34x | CN¥33.10 Million | CN¥98.72 Million | ▲ +5.8% |
| 2012 | 0.32x | CN¥26.28 Million | CN¥82.90 Million | — |