Zhejiang Hengwei Battery Co. Ltd. (301222) — Financial Flexibility Index

Latest as of December 2024: 2.61x

Zhejiang Hengwei Battery Co. Ltd. (301222) has a Financial Flexibility Index of 2.61x as of December 2024. Free cash flow of CN¥224.08 Million (operating CF CN¥83.61 Million minus capex CN¥140.47 Million) represents 3% of total liabilities (CN¥85.91 Million). Check asset resilience ratio of Zhejiang Hengwei Battery Co. Ltd. to evaluate the company's liquid asset resilience ratio.

Financial Flexibility Index

2.61x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥224.08 Million
Operating CF − Capex

Total Liabilities

CN¥85.91 Million
CNY

Capital Expenditures

CN¥140.47 Million
CNY

Zhejiang Hengwei Battery Co. Ltd. Financial Flexibility Index (2019–2024)

Historical Financial Flexibility Index trend for Zhejiang Hengwei Battery Co. Ltd. across 6 annual periods. See Zhejiang Hengwei Battery Co. Ltd. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Zhejiang Hengwei Battery Co. Ltd. (2019–2024)

Year-by-year free cash flow to debt coverage for Zhejiang Hengwei Battery Co. Ltd.. For the full company profile including market capitalisation, see 301222 market cap.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2024 2.61x CN¥224.08 Million CN¥83.61 Million CN¥85.91 Million ▼ -21.8%
2023 3.34x CN¥227.63 Million CN¥128.63 Million CN¥68.25 Million ▲ +97.8%
2022 1.69x CN¥120.31 Million CN¥114.25 Million CN¥71.36 Million ▲ +23.6%
2021 1.36x CN¥75.28 Million CN¥64.14 Million CN¥55.21 Million ▼ -28.2%
2020 1.90x CN¥126.45 Million CN¥93.13 Million CN¥66.56 Million ▲ +9.7%
2019 1.73x CN¥87.55 Million CN¥65.91 Million CN¥50.57 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities