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 603978 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

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 (2012–2024)

Historical debt coverage capacity for Shenzhen Sunxing Light Alloys across 13 annual periods. Also explore 603978 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for Shenzhen Sunxing Light Alloys (2012–2024)

Year-by-year debt coverage analysis for Shenzhen Sunxing Light Alloys. For market capitalisation and broader financial context, see Shenzhen Sunxing Light Alloys stock valuation.

Year CF-to-Debt Ratio Operating CF (CNY) Total Liabilities YoY Change
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.