Taier Heavy Industry Co Ltd (002347) — Financial Flexibility Index

Latest as of September 2023: -0.01x

Taier Heavy Industry Co Ltd (002347) has a Financial Flexibility Index of -0.01x as of September 2023. Free cash flow of CN¥-6.99 Million (operating CF CN¥-17.23 Million minus capex CN¥10.23 Million) represents 0% of total liabilities (CN¥1.25 Billion). Check 002347 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.01x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥-6.99 Million
Operating CF − Capex

Total Liabilities

CN¥1.25 Billion
CNY

Capital Expenditures

CN¥10.23 Million
CNY

Taier Heavy Industry Co Ltd Financial Flexibility Index (2006–2024)

Historical Financial Flexibility Index trend for Taier Heavy Industry Co Ltd across 17 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Taier Heavy Industry Co Ltd.

Annual Financial Flexibility Index for Taier Heavy Industry Co Ltd (2006–2024)

Year-by-year free cash flow to debt coverage for Taier Heavy Industry Co Ltd. Explore Taier Heavy Industry Co Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2024 0.02x CN¥31.61 Million CN¥-2.79 Million CN¥1.33 Billion ▼ -80.1%
2023 0.12x CN¥151.04 Million CN¥80.13 Million CN¥1.26 Billion ▼ -19.1%
2022 0.15x CN¥190.38 Million CN¥108.68 Million CN¥1.28 Billion ▲ +108.2%
2021 0.07x CN¥87.27 Million CN¥65.02 Million CN¥1.22 Billion ▼ -15.2%
2020 0.08x CN¥75.31 Million CN¥65.36 Million CN¥895.86 Million ▼ -29.5%
2019 0.12x CN¥120.96 Million CN¥94.19 Million CN¥1.01 Billion ▲ +102.7%
2018 0.06x CN¥63.23 Million CN¥854.86K CN¥1.07 Billion ▲ +305.3%
2017 -0.03x CN¥-24.71 Million CN¥-40.64 Million CN¥862.25 Million ▼ -193.6%
2016 0.03x CN¥17.70 Million CN¥4.73 Million CN¥577.93 Million ▼ -27.5%
2015 0.04x CN¥21.94 Million CN¥4.40 Million CN¥519.38 Million ▼ -83.1%
2014 0.25x CN¥124.56 Million CN¥58.41 Million CN¥499.16 Million ▼ -26.3%
2011 0.34x CN¥110.81 Million CN¥31.07 Million CN¥327.12 Million ▼ -42.7%
2010 0.59x CN¥153.87 Million CN¥10.55 Million CN¥260.42 Million ▲ +102.6%
2009 0.29x CN¥83.01 Million CN¥53.52 Million CN¥284.60 Million ▼ -26.5%
2008 0.40x CN¥107.68 Million CN¥55.28 Million CN¥271.40 Million ▲ +104.8%
2007 0.19x CN¥36.24 Million CN¥9.25 Million CN¥187.06 Million ▼ -40.2%
2006 0.32x CN¥38.11 Million CN¥21.00 Million CN¥117.60 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities