Shenzhen Expressway Co Ltd (600548) — Financial Flexibility Index
Shenzhen Expressway Co Ltd (600548) has a Financial Flexibility Index of 0.04x as of December 2025. Free cash flow of CN¥1.70 Billion (operating CF CN¥1.27 Billion minus capex CN¥438.40 Million) represents 0% of total liabilities (CN¥43.16 Billion). Check 600548 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Shenzhen Expressway Co Ltd Financial Flexibility Index (1998–2025)
Historical Financial Flexibility Index trend for Shenzhen Expressway Co Ltd across 28 annual periods. For the full cash flow conversion analysis, see Shenzhen Expressway Co Ltd operating cash flow efficiency.
Annual Financial Flexibility Index for Shenzhen Expressway Co Ltd (1998–2025)
Year-by-year free cash flow to debt coverage for Shenzhen Expressway Co Ltd. Explore 600548 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 | 0.20x | CN¥8.62 Billion | CN¥5.34 Billion | CN¥43.16 Billion | ▲ +39.5% |
| 2024 | 0.14x | CN¥5.78 Billion | CN¥3.72 Billion | CN¥40.36 Billion | ▼ -8.6% |
| 2023 | 0.16x | CN¥6.19 Billion | CN¥4.09 Billion | CN¥39.51 Billion | ▲ +20.0% |
| 2022 | 0.13x | CN¥5.46 Billion | CN¥3.37 Billion | CN¥41.84 Billion | ▼ -44.6% |
| 2021 | 0.24x | CN¥7.74 Billion | CN¥3.94 Billion | CN¥32.84 Billion | ▲ +89.8% |
| 2020 | 0.12x | CN¥3.58 Billion | CN¥1.10 Billion | CN¥28.87 Billion | ▼ -10.6% |
| 2019 | 0.14x | CN¥3.36 Billion | CN¥1.75 Billion | CN¥24.20 Billion | ▼ -30.9% |
| 2018 | 0.20x | CN¥4.33 Billion | CN¥3.22 Billion | CN¥21.56 Billion | ▲ +21.3% |
| 2017 | 0.17x | CN¥3.59 Billion | CN¥2.66 Billion | CN¥21.70 Billion | ▲ +16.7% |
| 2016 | 0.14x | CN¥2.51 Billion | CN¥2.13 Billion | CN¥17.67 Billion | ▲ +24.8% |
| 2015 | 0.11x | CN¥1.90 Billion | CN¥1.77 Billion | CN¥16.71 Billion | ▼ -39.5% |
| 2014 | 0.19x | CN¥2.11 Billion | CN¥1.79 Billion | CN¥11.21 Billion | ▼ -8.1% |
| 2013 | 0.20x | CN¥2.37 Billion | CN¥1.76 Billion | CN¥11.60 Billion | ▲ +31.3% |
| 2012 | 0.16x | CN¥2.08 Billion | CN¥1.53 Billion | CN¥13.34 Billion | ▼ -7.7% |
| 2011 | 0.17x | CN¥2.38 Billion | CN¥1.51 Billion | CN¥14.11 Billion | ▼ -12.9% |
| 2010 | 0.19x | CN¥2.57 Billion | CN¥1.62 Billion | CN¥13.28 Billion | ▲ +42.9% |
| 2009 | 0.14x | CN¥1.81 Billion | CN¥779.94 Million | CN¥13.34 Billion | ▼ -60.9% |
| 2008 | 0.35x | CN¥3.64 Billion | CN¥945.87 Million | CN¥10.50 Billion | ▼ -40.2% |
| 2007 | 0.58x | CN¥4.19 Billion | CN¥811.72 Million | CN¥7.21 Billion | ▲ +23.5% |
| 2006 | 0.47x | CN¥1.69 Billion | CN¥1.00 Billion | CN¥3.60 Billion | ▲ +59.6% |
| 2005 | 0.29x | CN¥1.07 Billion | CN¥645.10 Million | CN¥3.64 Billion | ▼ -46.2% |
| 2004 | 0.55x | CN¥807.04 Million | CN¥511.54 Million | CN¥1.47 Billion | ▼ -1.2% |
| 2003 | 0.55x | CN¥626.83 Million | CN¥431.49 Million | CN¥1.13 Billion | ▲ +29.1% |
| 2002 | 0.43x | CN¥747.10 Million | CN¥441.20 Million | CN¥1.74 Billion | ▼ -2.2% |
| 2001 | 0.44x | CN¥836.21 Million | CN¥575.22 Million | CN¥1.91 Billion | ▼ -7.5% |
| 2000 | 0.47x | CN¥775.02 Million | CN¥431.48 Million | CN¥1.63 Billion | ▼ -57.8% |
| 1999 | 1.12x | CN¥1.38 Billion | CN¥383.61 Million | CN¥1.23 Billion | ▲ +2.3% |
| 1998 | 1.10x | CN¥883.97 Million | CN¥330.30 Million | CN¥804.71 Million | — |