China Express Airlines Co Ltd Class A (002928) — Financial Flexibility Index

Latest as of September 2025: 0.12x

China Express Airlines Co Ltd Class A (002928) has a Financial Flexibility Index of 0.12x as of September 2025. Free cash flow of CN¥2.27 Billion (operating CF CN¥1.43 Billion minus capex CN¥846.29 Million) represents 0% of total liabilities (CN¥19.70 Billion). Check cash flow reinvestment rate of China Express Airlines Co Ltd Class A to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.12x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥2.27 Billion
Operating CF − Capex

Total Liabilities

CN¥19.70 Billion
CNY

Capital Expenditures

CN¥846.29 Million
CNY

China Express Airlines Co Ltd Class A Financial Flexibility Index (2013–2025)

Historical Financial Flexibility Index trend for China Express Airlines Co Ltd Class A across 13 annual periods. For the full cash flow conversion analysis, see 002928 cash flow conversion.

Annual Financial Flexibility Index for China Express Airlines Co Ltd Class A (2013–2025)

Year-by-year free cash flow to debt coverage for China Express Airlines Co Ltd Class A. Explore China Express Airlines Co Ltd Class A 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
2025 0.25x CN¥4.89 Billion CN¥2.52 Billion CN¥19.94 Billion ▲ +101.9%
2024 0.12x CN¥2.11 Billion CN¥1.81 Billion CN¥17.34 Billion ▼ -1.6%
2023 0.12x CN¥1.86 Billion CN¥1.32 Billion CN¥15.09 Billion ▲ +148.4%
2022 0.05x CN¥668.20 Million CN¥316.61 Million CN¥13.44 Billion ▼ -77.0%
2021 0.22x CN¥2.72 Billion CN¥915.33 Million CN¥12.59 Billion ▼ -7.1%
2020 0.23x CN¥1.76 Billion CN¥1.01 Billion CN¥7.57 Billion ▼ -25.1%
2019 0.31x CN¥2.18 Billion CN¥1.05 Billion CN¥7.01 Billion ▼ -8.0%
2018 0.34x CN¥1.92 Billion CN¥521.34 Million CN¥5.66 Billion ▲ +0.6%
2017 0.34x CN¥1.46 Billion CN¥685.35 Million CN¥4.34 Billion ▼ -28.9%
2016 0.47x CN¥1.34 Billion CN¥758.12 Million CN¥2.82 Billion ▲ +6.4%
2015 0.45x CN¥893.37 Million CN¥600.82 Million CN¥2.01 Billion ▲ +74.5%
2014 0.26x CN¥395.51 Million CN¥260.27 Million CN¥1.55 Billion ▲ +16.0%
2013 0.22x CN¥316.88 Million CN¥154.23 Million CN¥1.44 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities