Hongfa Technology Co Ltd (600885) — Financial Flexibility Index

Latest as of September 2025: 0.12x

Hongfa Technology Co Ltd (600885) has a Financial Flexibility Index of 0.12x as of September 2025. Free cash flow of CN¥1.03 Billion (operating CF CN¥762.14 Million minus capex CN¥271.39 Million) represents 0% of total liabilities (CN¥8.34 Billion). Check Hongfa Technology Co Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.12x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥1.03 Billion
Operating CF − Capex

Total Liabilities

CN¥8.34 Billion
CNY

Capital Expenditures

CN¥271.39 Million
CNY

Hongfa Technology Co Ltd Financial Flexibility Index (1998–2025)

Historical Financial Flexibility Index trend for Hongfa Technology Co Ltd across 28 annual periods. For the full cash flow conversion analysis, see Hongfa Technology Co Ltd cash conversion from operations.

Annual Financial Flexibility Index for Hongfa Technology Co Ltd (1998–2025)

Year-by-year free cash flow to debt coverage for Hongfa Technology Co Ltd. Explore debt repayment capacity of Hongfa Technology 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
2025 0.56x CN¥4.15 Billion CN¥2.97 Billion CN¥7.35 Billion ▲ +35.2%
2024 0.42x CN¥3.39 Billion CN¥2.23 Billion CN¥8.12 Billion ▼ -24.7%
2023 0.55x CN¥3.69 Billion CN¥2.66 Billion CN¥6.67 Billion ▲ +7.5%
2022 0.52x CN¥3.11 Billion CN¥1.59 Billion CN¥6.04 Billion ▲ +38.4%
2021 0.37x CN¥1.84 Billion CN¥911.84 Million CN¥4.93 Billion ▼ -8.2%
2020 0.41x CN¥1.40 Billion CN¥719.59 Million CN¥3.44 Billion ▼ -40.4%
2019 0.68x CN¥2.46 Billion CN¥1.68 Billion CN¥3.61 Billion ▲ +19.9%
2018 0.57x CN¥1.65 Billion CN¥827.47 Million CN¥2.91 Billion ▲ +2.0%
2017 0.56x CN¥1.32 Billion CN¥650.31 Million CN¥2.37 Billion ▲ +6.3%
2016 0.52x CN¥1.03 Billion CN¥497.71 Million CN¥1.96 Billion ▼ -44.6%
2015 0.94x CN¥1.40 Billion CN¥758.18 Million CN¥1.49 Billion ▲ +56.0%
2014 0.61x CN¥756.32 Million CN¥351.69 Million CN¥1.25 Billion ▲ +30.8%
2013 0.46x CN¥664.30 Million CN¥460.69 Million CN¥1.43 Billion ▲ +42.6%
2012 0.32x CN¥423.73 Million CN¥330.63 Million CN¥1.31 Billion ▲ +20.0%
2011 0.27x CN¥206.13 Million CN¥195.24 Million CN¥761.89 Million ▲ +65.1%
2010 0.16x CN¥91.54 Million CN¥74.30 Million CN¥558.45 Million ▲ +41.8%
2009 0.12x CN¥67.49 Million CN¥30.38 Million CN¥583.71 Million ▼ -46.8%
2008 0.22x CN¥147.91 Million CN¥58.59 Million CN¥680.17 Million ▲ +96.7%
2007 0.11x CN¥65.44 Million CN¥39.16 Million CN¥591.83 Million ▼ -43.0%
2006 0.19x CN¥110.41 Million CN¥68.84 Million CN¥569.13 Million ▲ +25.9%
2005 0.15x CN¥94.13 Million CN¥64.06 Million CN¥610.67 Million ▲ +43.3%
2004 0.11x CN¥65.88 Million CN¥1.68 Million CN¥612.65 Million ▼ -61.7%
2003 0.28x CN¥122.47 Million CN¥75.78 Million CN¥435.76 Million ▲ +24.2%
2002 0.23x CN¥87.81 Million CN¥42.90 Million CN¥387.96 Million ▲ +473.1%
2001 0.04x CN¥16.20 Million CN¥5.42 Million CN¥410.14 Million ▲ +71.2%
2000 0.02x CN¥6.79 Million CN¥6.07 Million CN¥294.30 Million ▲ +188.1%
1999 -0.03x CN¥-7.11 Million CN¥-12.64 Million CN¥271.62 Million ▼ -141.7%
1998 -0.01x CN¥-2.75 Million CN¥-5.15 Million CN¥254.23 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities