Zhiyang Innovation Technology Co. Ltd. A (688191) — Cash Flow-to-Debt Ratio
Zhiyang Innovation Technology Co. Ltd. A (688191) has a Cash Flow-to-Debt Ratio of -0.04x as of September 2025, meaning its operating cash flow of CN¥-23.17 Million could theoretically repay 0% of its total liabilities (CN¥612.56 Million) in one year. See Zhiyang Innovation Technology Co. Ltd. A free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Zhiyang Innovation Technology Co. Ltd. A Cash Flow-to-Debt Ratio (2012–2024)
Historical debt coverage capacity for Zhiyang Innovation Technology Co. Ltd. A across 11 annual periods. Also explore net asset momentum of Zhiyang Innovation Technology Co. Ltd. A to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Zhiyang Innovation Technology Co. Ltd. A (2012–2024)
Year-by-year debt coverage analysis for Zhiyang Innovation Technology Co. Ltd. A. For market capitalisation and broader financial context, see 688191 market cap.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.12x | CN¥73.16 Million | CN¥634.09 Million | ▼ -43.6% |
| 2023 | 0.20x | CN¥110.04 Million | CN¥537.55 Million | ▲ +188.1% |
| 2022 | 0.07x | CN¥27.46 Million | CN¥386.41 Million | ▲ +160.5% |
| 2021 | -0.12x | CN¥-50.76 Million | CN¥432.34 Million | ▼ -171.7% |
| 2020 | 0.16x | CN¥52.93 Million | CN¥323.16 Million | ▲ +1.2% |
| 2019 | 0.16x | CN¥34.39 Million | CN¥212.39 Million | ▲ +610.5% |
| 2018 | 0.02x | CN¥2.98 Million | CN¥130.95 Million | ▼ -92.2% |
| 2017 | 0.29x | CN¥21.66 Million | CN¥74.29 Million | ▲ +174.7% |
| 2014 | -0.39x | CN¥-7.13 Million | CN¥18.25 Million | ▼ -461.5% |
| 2013 | 0.11x | CN¥2.00 Million | CN¥18.55 Million | ▼ -48.1% |
| 2012 | 0.21x | CN¥1.34 Million | CN¥6.45 Million | — |