Ningbo Fuda Co Ltd (600724) — Financial Flexibility Index

Latest as of June 2023: 0.16x

Ningbo Fuda Co Ltd (600724) has a Financial Flexibility Index of 0.16x as of June 2023. Free cash flow of CN¥168.19 Million (operating CF CN¥150.33 Million minus capex CN¥17.86 Million) represents 0% of total liabilities (CN¥1.06 Billion). Check Ningbo Fuda Co Ltd (600724) total reinvestment rate 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¥168.19 Million
Operating CF − Capex

Total Liabilities

CN¥1.06 Billion
CNY

Capital Expenditures

CN¥17.86 Million
CNY

Ningbo Fuda Co Ltd Financial Flexibility Index (2015–2024)

Historical Financial Flexibility Index trend for Ningbo Fuda Co Ltd across 10 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Ningbo Fuda Co Ltd.

Annual Financial Flexibility Index for Ningbo Fuda Co Ltd (2015–2024)

Year-by-year free cash flow to debt coverage for Ningbo Fuda Co Ltd. Explore cash flow to debt ratio of Ningbo Fuda Co Ltd to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2024 0.37x CN¥348.00 Million CN¥301.41 Million CN¥937.53 Million ▼ -10.0%
2023 0.41x CN¥517.71 Million CN¥413.85 Million CN¥1.25 Billion ▼ -20.1%
2022 0.52x CN¥463.63 Million CN¥239.95 Million CN¥897.55 Million ▼ -30.6%
2021 0.74x CN¥514.84 Million CN¥368.69 Million CN¥692.04 Million ▼ -43.6%
2020 1.32x CN¥893.31 Million CN¥763.82 Million CN¥677.71 Million ▲ +141.0%
2019 0.55x CN¥758.65 Million CN¥604.81 Million CN¥1.39 Billion ▲ +31.4%
2018 0.42x CN¥2.06 Billion CN¥2.01 Billion CN¥4.96 Billion ▲ +81.6%
2017 0.23x CN¥2.71 Billion CN¥2.66 Billion CN¥11.83 Billion ▲ +149.8%
2016 0.09x CN¥1.11 Billion CN¥1.03 Billion CN¥12.06 Billion ▲ +79.2%
2015 0.05x CN¥745.25 Million CN¥670.96 Million CN¥14.56 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities