Hangzhou First PV Material Co Ltd Cash Flow-to-Debt Ratio
Hangzhou First PV Material Co Ltd cash flow-to-debt ratio. Hangzhou First PV Material Co Ltd (603806) has a Cash Flow-to-Debt Ratio of 0.20x as of September 2025, meaning its operating cash flow of CN¥921.00 Million could theoretically repay 0% of its total liabilities (CN¥4.60 Billion) in one year. Check Hangzhou First PV Material Co Ltd (603806) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Hangzhou First PV Material Co Ltd (2009–2024)
Cash flow-to-debt ratio of Hangzhou First PV Material Co Ltd from 2009 to 2024. Historical debt coverage capacity for Hangzhou First PV Material Co Ltd across 16 annual periods. Check Hangzhou First PV Material Co Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Hangzhou First PV Material Co Ltd Cash Flow-to-Debt Ratio by Year (2009–2024)
Hangzhou First PV Material Co Ltd cash flow-to-debt ratio by year from 2009 to 2024. Year-by-year debt coverage analysis for Hangzhou First PV Material Co Ltd. For the full cash flow conversion analysis, see cash flow conversion of Hangzhou First PV Material Co Ltd.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.96x | CN¥4.39 Billion | CN¥4.59 Billion | ▲ +34351.6% |
| 2023 | 0.00x | CN¥-16.84 Million | CN¥6.04 Billion | ▼ -166.2% |
| 2022 | 0.00x | CN¥26.04 Million | CN¥6.18 Billion | ▲ +104.3% |
| 2021 | -0.10x | CN¥-147.56 Million | CN¥1.50 Billion | ▼ -191.0% |
| 2020 | 0.11x | CN¥272.34 Million | CN¥2.52 Billion | ▼ -55.8% |
| 2019 | 0.24x | CN¥434.94 Million | CN¥1.78 Billion | ▲ +30.0% |
| 2018 | 0.19x | CN¥169.57 Million | CN¥900.19 Million | ▼ -47.7% |
| 2017 | 0.36x | CN¥242.96 Million | CN¥674.52 Million | ▼ -20.0% |
| 2016 | 0.45x | CN¥295.09 Million | CN¥655.07 Million | ▼ -38.7% |
| 2015 | 0.73x | CN¥415.95 Million | CN¥566.45 Million | ▲ +236.7% |
| 2014 | 0.22x | CN¥99.87 Million | CN¥457.92 Million | ▼ -76.1% |
| 2013 | 0.91x | CN¥406.97 Million | CN¥446.28 Million | ▼ -13.5% |
| 2012 | 1.05x | CN¥317.51 Million | CN¥301.15 Million | ▼ -25.7% |
| 2011 | 1.42x | CN¥272.91 Million | CN¥192.20 Million | ▼ -2.8% |
| 2010 | 1.46x | CN¥267.92 Million | CN¥183.47 Million | ▲ +447.7% |
| 2009 | 0.27x | CN¥42.67 Million | CN¥160.02 Million | — |