Henan Zhongyuan Expressway Co Ltd (600020) — Financial Flexibility Index

Latest as of September 2025: 0.03x

Henan Zhongyuan Expressway Co Ltd (600020) has a Financial Flexibility Index of 0.03x as of September 2025. Free cash flow of CN¥1.17 Billion (operating CF CN¥744.77 Million minus capex CN¥422.45 Million) represents 0% of total liabilities (CN¥41.36 Billion). Check Henan Zhongyuan Expressway Co Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥1.17 Billion
Operating CF − Capex

Total Liabilities

CN¥41.36 Billion
CNY

Capital Expenditures

CN¥422.45 Million
CNY

Henan Zhongyuan Expressway Co Ltd Financial Flexibility Index (2002–2024)

Historical Financial Flexibility Index trend for Henan Zhongyuan Expressway Co Ltd across 23 annual periods. For the full cash flow conversion analysis, see Henan Zhongyuan Expressway Co Ltd operating cash flow efficiency.

Annual Financial Flexibility Index for Henan Zhongyuan Expressway Co Ltd (2002–2024)

Year-by-year free cash flow to debt coverage for Henan Zhongyuan Expressway Co Ltd. Explore Henan Zhongyuan Expressway Co Ltd 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
2024 0.14x CN¥5.16 Billion CN¥2.11 Billion CN¥37.00 Billion ▲ +32.0%
2023 0.11x CN¥3.73 Billion CN¥2.53 Billion CN¥35.30 Billion ▼ -29.1%
2022 0.15x CN¥5.53 Billion CN¥1.98 Billion CN¥37.09 Billion ▲ +60.9%
2021 0.09x CN¥3.19 Billion CN¥2.84 Billion CN¥34.42 Billion ▲ +1.9%
2020 0.09x CN¥3.23 Billion CN¥2.27 Billion CN¥35.51 Billion ▼ -21.6%
2019 0.12x CN¥4.24 Billion CN¥3.24 Billion CN¥36.61 Billion ▼ -21.7%
2018 0.15x CN¥5.76 Billion CN¥4.61 Billion CN¥38.94 Billion ▲ +8.2%
2017 0.14x CN¥5.05 Billion CN¥2.92 Billion CN¥36.93 Billion ▼ -20.1%
2016 0.17x CN¥6.18 Billion CN¥3.37 Billion CN¥36.07 Billion ▼ -31.9%
2015 0.25x CN¥8.87 Billion CN¥2.57 Billion CN¥35.27 Billion ▲ +14.7%
2014 0.22x CN¥6.92 Billion CN¥2.54 Billion CN¥31.57 Billion ▲ +29.7%
2013 0.17x CN¥4.80 Billion CN¥2.18 Billion CN¥28.36 Billion ▲ +20.4%
2012 0.14x CN¥3.40 Billion CN¥1.86 Billion CN¥24.22 Billion ▼ -32.3%
2011 0.21x CN¥4.98 Billion CN¥1.85 Billion CN¥24.02 Billion ▼ -28.9%
2010 0.29x CN¥6.45 Billion CN¥2.33 Billion CN¥22.08 Billion ▲ +47.2%
2009 0.20x CN¥3.20 Billion CN¥761.27 Million CN¥16.13 Billion ▼ -22.6%
2008 0.26x CN¥3.50 Billion CN¥1.22 Billion CN¥13.66 Billion ▼ -36.6%
2007 0.40x CN¥4.61 Billion CN¥977.72 Million CN¥11.40 Billion ▼ -39.2%
2006 0.66x CN¥4.65 Billion CN¥967.39 Million CN¥7.00 Billion ▼ -41.2%
2005 1.13x CN¥2.65 Billion CN¥1.01 Billion CN¥2.34 Billion ▼ -27.4%
2004 1.56x CN¥2.62 Billion CN¥721.29 Million CN¥1.68 Billion ▲ +78.0%
2003 0.87x CN¥869.37 Million CN¥471.44 Million CN¥993.96 Million ▲ +123.1%
2002 0.39x CN¥590.31 Million CN¥491.30 Million CN¥1.51 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities