Qijing Machinery (603677) — Cash Flow-to-Debt Ratio
Qijing Machinery (603677) has a Cash Flow-to-Debt Ratio of 0.06x as of September 2025, meaning its operating cash flow of CN¥65.45 Million could theoretically repay 0% of its total liabilities (CN¥1.08 Billion) in one year. See financial agility of Qijing Machinery 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
Qijing Machinery Cash Flow-to-Debt Ratio (2011–2025)
Historical debt coverage capacity for Qijing Machinery across 15 annual periods. For the full cash flow conversion analysis, see Qijing Machinery operating cash flow efficiency.
Annual Cash Flow-to-Debt Ratio for Qijing Machinery (2011–2025)
Year-by-year debt coverage analysis for Qijing Machinery. Check earnings quality score of Qijing Machinery to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.03x | CN¥29.00 Million | CN¥1.07 Billion | ▼ -75.9% |
| 2024 | 0.11x | CN¥124.54 Million | CN¥1.11 Billion | ▼ -45.6% |
| 2023 | 0.21x | CN¥204.22 Million | CN¥987.47 Million | ▲ +5.5% |
| 2022 | 0.20x | CN¥175.05 Million | CN¥893.01 Million | ▲ +148.5% |
| 2021 | 0.08x | CN¥74.85 Million | CN¥949.07 Million | ▼ -80.4% |
| 2020 | 0.40x | CN¥309.33 Million | CN¥770.28 Million | ▲ +147.0% |
| 2019 | 0.16x | CN¥113.94 Million | CN¥700.95 Million | ▲ +102.8% |
| 2018 | 0.08x | CN¥77.19 Million | CN¥962.91 Million | ▲ +163.1% |
| 2017 | -0.13x | CN¥-64.27 Million | CN¥505.74 Million | ▼ -150.4% |
| 2016 | 0.25x | CN¥113.37 Million | CN¥449.47 Million | ▼ -20.4% |
| 2015 | 0.32x | CN¥162.26 Million | CN¥512.21 Million | ▲ +62.8% |
| 2014 | 0.19x | CN¥110.14 Million | CN¥565.90 Million | ▲ +211.6% |
| 2013 | 0.06x | CN¥36.43 Million | CN¥583.10 Million | ▼ -54.8% |
| 2012 | 0.14x | CN¥94.19 Million | CN¥682.01 Million | ▲ +2229.7% |
| 2011 | -0.01x | CN¥-4.97 Million | CN¥767.17 Million | — |