Hes Technology Group (002963) — Financial Flexibility Index

Latest as of September 2025: 0.16x

Hes Technology Group (002963) has a Financial Flexibility Index of 0.16x as of September 2025. Free cash flow of CN¥68.98 Million (operating CF CN¥68.47 Million minus capex CN¥515.20K) represents 0% of total liabilities (CN¥436.10 Million). Check total reinvestment intensity of Hes Technology Group 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¥68.98 Million
Operating CF − Capex

Total Liabilities

CN¥436.10 Million
CNY

Capital Expenditures

CN¥515.20K
CNY

Hes Technology Group Financial Flexibility Index (2015–2025)

Historical Financial Flexibility Index trend for Hes Technology Group across 11 annual periods. For the full cash flow conversion analysis, see 002963 operating cash flow.

Annual Financial Flexibility Index for Hes Technology Group (2015–2025)

Year-by-year free cash flow to debt coverage for Hes Technology Group. Explore Hes Technology Group cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2025 0.43x CN¥183.75 Million CN¥102.90 Million CN¥428.69 Million ▲ +334.7%
2024 -0.18x CN¥-86.50 Million CN¥-99.30 Million CN¥473.53 Million ▼ -150.4%
2023 0.36x CN¥188.97 Million CN¥139.10 Million CN¥521.04 Million ▲ +239.8%
2022 -0.26x CN¥-157.49 Million CN¥-164.89 Million CN¥606.96 Million ▼ -297.2%
2021 0.13x CN¥84.94 Million CN¥66.41 Million CN¥645.47 Million ▲ +152.9%
2020 -0.25x CN¥-119.15 Million CN¥-122.94 Million CN¥479.00 Million ▼ -247.4%
2019 0.17x CN¥109.15 Million CN¥107.73 Million CN¥646.79 Million ▲ +38.7%
2018 0.12x CN¥50.97 Million CN¥48.65 Million CN¥419.00 Million ▲ +63.6%
2017 0.07x CN¥16.65 Million CN¥15.45 Million CN¥223.93 Million ▲ +114.5%
2016 -0.51x CN¥-64.82 Million CN¥-66.89 Million CN¥126.75 Million ▼ -412.3%
2015 0.16x CN¥17.61 Million CN¥16.22 Million CN¥107.52 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities