Shenzhen Sunxing Light Alloys (603978) — Cash Flow-to-Debt Ratio

Latest as of September 2025: -0.05x

Shenzhen Sunxing Light Alloys (603978) has a Cash Flow-to-Debt Ratio of -0.05x as of September 2025, meaning its operating cash flow of CN¥-124.18 Million could theoretically repay 0% of its total liabilities (CN¥2.54 Billion) in one year. See Shenzhen Sunxing Light Alloys leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

-0.05x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥-124.18 Million
CNY

Total Liabilities

CN¥2.54 Billion
CNY

Data as of

Sep 2025
Most recent filing

Shenzhen Sunxing Light Alloys Cash Flow-to-Debt Ratio (2012–2025)

Historical debt coverage capacity for Shenzhen Sunxing Light Alloys across 14 annual periods. For the full cash flow conversion analysis, see 603978 operating cash flow.

Annual Cash Flow-to-Debt Ratio for Shenzhen Sunxing Light Alloys (2012–2025)

Year-by-year debt coverage analysis for Shenzhen Sunxing Light Alloys. Check earnings quality score of Shenzhen Sunxing Light Alloys to evaluate the quality of earnings relative to operating cash generation.

Year CF-to-Debt Ratio Operating CF (CNY) Total Liabilities YoY Change
2025 -0.05x CN¥-124.48 Million CN¥2.70 Billion ▲ +59.5%
2024 -0.11x CN¥-247.16 Million CN¥2.17 Billion ▼ -15.8%
2023 -0.10x CN¥-195.17 Million CN¥1.98 Billion ▲ +2.1%
2022 -0.10x CN¥-146.39 Million CN¥1.46 Billion ▲ +54.8%
2021 -0.22x CN¥-208.63 Million CN¥937.59 Million ▲ +18.3%
2020 -0.27x CN¥-293.18 Million CN¥1.08 Billion ▼ -157.3%
2019 -0.11x CN¥-65.44 Million CN¥618.53 Million ▼ -140.6%
2018 0.26x CN¥132.58 Million CN¥509.37 Million ▲ +128.8%
2017 -0.90x CN¥-254.39 Million CN¥281.69 Million ▼ -386.9%
2016 0.31x CN¥84.66 Million CN¥268.96 Million ▼ -29.7%
2015 0.45x CN¥84.93 Million CN¥189.68 Million ▼ -36.6%
2014 0.71x CN¥109.08 Million CN¥154.50 Million ▲ +67.7%
2013 0.42x CN¥58.03 Million CN¥137.83 Million ▼ -64.1%
2012 1.17x CN¥133.36 Million CN¥113.67 Million —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.