New Hope Dairy Co Ltd (002946) — Financial Flexibility Index

Latest as of September 2025: 0.10x

New Hope Dairy Co Ltd (002946) has a Financial Flexibility Index of 0.10x as of September 2025. Free cash flow of CN¥582.85 Million (operating CF CN¥423.16 Million minus capex CN¥159.69 Million) represents 0% of total liabilities (CN¥5.62 Billion). Check cash flow reinvestment rate of New Hope Dairy Co Ltd to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.10x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥582.85 Million
Operating CF − Capex

Total Liabilities

CN¥5.62 Billion
CNY

Capital Expenditures

CN¥159.69 Million
CNY

New Hope Dairy Co Ltd Financial Flexibility Index (2014–2024)

Historical Financial Flexibility Index trend for New Hope Dairy Co Ltd across 11 annual periods. For the full cash flow conversion analysis, see New Hope Dairy Co Ltd cash flow conversion.

Annual Financial Flexibility Index for New Hope Dairy Co Ltd (2014–2024)

Year-by-year free cash flow to debt coverage for New Hope Dairy Co Ltd. Explore how well can New Hope Dairy 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 0.38x CN¥2.16 Billion CN¥1.49 Billion CN¥5.74 Billion ▲ +1.5%
2023 0.37x CN¥2.33 Billion CN¥1.56 Billion CN¥6.30 Billion ▲ +43.1%
2022 0.26x CN¥1.77 Billion CN¥1.03 Billion CN¥6.82 Billion ▼ -0.8%
2021 0.26x CN¥1.73 Billion CN¥1.04 Billion CN¥6.63 Billion ▲ +10.1%
2020 0.24x CN¥1.35 Billion CN¥719.44 Million CN¥5.72 Billion ▼ -36.7%
2019 0.37x CN¥1.24 Billion CN¥635.01 Million CN¥3.31 Billion ▲ +18.9%
2018 0.31x CN¥848.73 Million CN¥437.26 Million CN¥2.70 Billion ▼ -8.7%
2017 0.34x CN¥1.06 Billion CN¥459.08 Million CN¥3.07 Billion ▲ +16.1%
2016 0.30x CN¥1.00 Billion CN¥456.50 Million CN¥3.39 Billion ▼ -33.7%
2015 0.45x CN¥1.20 Billion CN¥454.68 Million CN¥2.70 Billion ▲ +12.5%
2014 0.40x CN¥970.21 Million CN¥351.59 Million CN¥2.44 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities