Shenzhen Topraysolar Co Ltd (002218) — Financial Flexibility Index

Latest as of September 2025: 0.16x

Shenzhen Topraysolar Co Ltd (002218) has a Financial Flexibility Index of 0.16x as of September 2025. Free cash flow of CN¥415.31 Million (operating CF CN¥364.15 Million minus capex CN¥51.15 Million) represents 0% of total liabilities (CN¥2.60 Billion). Check Shenzhen Topraysolar Co Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.16x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥415.31 Million
Operating CF − Capex

Total Liabilities

CN¥2.60 Billion
CNY

Capital Expenditures

CN¥51.15 Million
CNY

Shenzhen Topraysolar Co Ltd Financial Flexibility Index (2004–2024)

Historical Financial Flexibility Index trend for Shenzhen Topraysolar Co Ltd across 21 annual periods. For the full cash flow conversion analysis, see Shenzhen Topraysolar Co Ltd operating cash flow efficiency.

Annual Financial Flexibility Index for Shenzhen Topraysolar Co Ltd (2004–2024)

Year-by-year free cash flow to debt coverage for Shenzhen Topraysolar Co Ltd. Explore how well can Shenzhen Topraysolar Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2024 0.17x CN¥445.91 Million CN¥164.56 Million CN¥2.62 Billion ▲ +23.0%
2023 0.14x CN¥339.82 Million CN¥83.71 Million CN¥2.46 Billion ▼ -37.9%
2022 0.22x CN¥647.05 Million CN¥479.53 Million CN¥2.91 Billion ▲ +71.6%
2021 0.13x CN¥363.95 Million CN¥159.42 Million CN¥2.80 Billion ▼ -24.9%
2020 0.17x CN¥590.96 Million CN¥394.23 Million CN¥3.42 Billion ▲ +13.7%
2019 0.15x CN¥503.09 Million CN¥327.17 Million CN¥3.31 Billion ▲ +16.1%
2018 0.13x CN¥451.30 Million CN¥67.92 Million CN¥3.45 Billion ▲ +25.7%
2017 0.10x CN¥303.57 Million CN¥45.48 Million CN¥2.92 Billion ▼ -31.7%
2016 0.15x CN¥319.88 Million CN¥32.78 Million CN¥2.10 Billion ▼ -65.7%
2015 0.44x CN¥728.59 Million CN¥38.06 Million CN¥1.64 Billion ▲ +214.5%
2014 0.14x CN¥253.01 Million CN¥142.69 Million CN¥1.79 Billion ▲ +2083.3%
2013 -0.01x CN¥-8.01 Million CN¥-75.56 Million CN¥1.13 Billion ▼ -104.2%
2012 0.17x CN¥148.30 Million CN¥-6.59 Million CN¥876.96 Million ▼ -46.6%
2011 0.32x CN¥188.36 Million CN¥-281.74 Million CN¥594.26 Million ▼ -51.2%
2010 0.65x CN¥378.43 Million CN¥44.91 Million CN¥583.12 Million ▼ -60.4%
2009 1.64x CN¥323.35 Million CN¥63.00 Million CN¥197.25 Million ▼ -48.5%
2008 3.19x CN¥270.65 Million CN¥19.85 Million CN¥84.95 Million ▲ +19.7%
2007 2.66x CN¥77.47 Million CN¥53.35 Million CN¥29.10 Million ▲ +72.4%
2006 1.54x CN¥59.37 Million CN¥33.51 Million CN¥38.44 Million ▲ +10.1%
2005 1.40x CN¥49.24 Million CN¥40.56 Million CN¥35.11 Million ▲ +68.5%
2004 0.83x CN¥12.72 Million CN¥9.22 Million CN¥15.29 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities