Hangzhou First PV Material Co Ltd (603806) — Cash Flow-to-Debt Ratio

Latest as of September 2025: 0.20x

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. Explore long-term investment intensity of Hangzhou First PV Material Co Ltd to see how much of total assets are deployed in long-term investments.

CF-to-Debt Ratio

0.20x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥921.00 Million
CNY

Total Liabilities

CN¥4.60 Billion
CNY

Data as of

Sep 2025
Most recent filing

Hangzhou First PV Material Co Ltd Cash Flow-to-Debt Ratio (2009–2024)

Historical debt coverage capacity for Hangzhou First PV Material Co Ltd across 16 annual periods. Also explore Hangzhou First PV Material Co Ltd total assets for the complete picture of this company's asset base.

Annual Cash Flow-to-Debt Ratio for Hangzhou First PV Material Co Ltd (2009–2024)

Year-by-year debt coverage analysis for Hangzhou First PV Material Co Ltd. For market capitalisation and broader financial context, see 603806 company net worth.

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 —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.