Hengerda New Materials (Fujian) Co. Ltd. (300946) — Financial Flexibility Index

Latest as of December 2024: 0.49x

Hengerda New Materials (Fujian) Co. Ltd. (300946) has a Financial Flexibility Index of 0.49x as of December 2024. Free cash flow of CN¥148.47 Million (operating CF CN¥67.11 Million minus capex CN¥81.36 Million) represents 0% of total liabilities (CN¥301.45 Million). Check 300946 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.49x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥148.47 Million
Operating CF − Capex

Total Liabilities

CN¥301.45 Million
CNY

Capital Expenditures

CN¥81.36 Million
CNY

Hengerda New Materials (Fujian) Co. Ltd. Financial Flexibility Index (2019–2024)

Historical Financial Flexibility Index trend for Hengerda New Materials (Fujian) Co. Ltd. across 6 annual periods. For the full cash flow conversion analysis, see Hengerda New Materials (Fujian) Co. Ltd. (300946) cash flow conversion.

Annual Financial Flexibility Index for Hengerda New Materials (Fujian) Co. Ltd. (2019–2024)

Year-by-year free cash flow to debt coverage for Hengerda New Materials (Fujian) Co. Ltd.. Explore 300946 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2024 0.49x CN¥148.47 Million CN¥67.11 Million CN¥301.45 Million ▼ -36.5%
2023 0.78x CN¥257.99 Million CN¥69.87 Million CN¥332.76 Million ▼ -47.1%
2022 1.46x CN¥253.00 Million CN¥19.62 Million CN¥172.70 Million ▲ +48.0%
2021 0.99x CN¥157.60 Million CN¥67.75 Million CN¥159.27 Million ▼ -11.4%
2020 1.12x CN¥166.71 Million CN¥84.82 Million CN¥149.24 Million ▲ +90.7%
2019 0.59x CN¥75.39 Million CN¥46.11 Million CN¥128.68 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities