Zheshang Securities Co Ltd (601878) — Financial Flexibility Index

Latest as of June 2026: 0.04x

Zheshang Securities Co Ltd (601878) has a Financial Flexibility Index of 0.04x as of June 2026. Free cash flow of CN¥8.91 Billion (operating CF CN¥8.87 Billion minus capex CN¥45.72 Million) represents 0% of total liabilities (CN¥223.62 Billion). Check total reinvestment intensity of Zheshang Securities Co Ltd to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥8.91 Billion
Operating CF − Capex

Total Liabilities

CN¥223.62 Billion
CNY

Capital Expenditures

CN¥45.72 Million
CNY

Zheshang Securities Co Ltd Financial Flexibility Index (2007–2025)

Historical Financial Flexibility Index trend for Zheshang Securities Co Ltd across 19 annual periods. For the full cash flow conversion analysis, see Zheshang Securities Co Ltd (601878) cash flow conversion.

Annual Financial Flexibility Index for Zheshang Securities Co Ltd (2007–2025)

Year-by-year free cash flow to debt coverage for Zheshang Securities Co Ltd. Explore 601878 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2025 -0.02x CN¥-2.79 Billion CN¥-3.29 Billion CN¥177.48 Billion ▼ -128.2%
2024 0.06x CN¥6.57 Billion CN¥6.29 Billion CN¥117.56 Billion ▲ +6.5%
2023 0.05x CN¥6.15 Billion CN¥5.91 Billion CN¥117.26 Billion ▲ +645.6%
2022 0.01x CN¥771.94 Million CN¥523.06 Million CN¥109.65 Billion ▼ -63.9%
2021 0.02x CN¥1.98 Billion CN¥1.73 Billion CN¥101.41 Billion ▲ +303.6%
2020 -0.01x CN¥-687.92 Million CN¥-911.59 Million CN¥71.74 Billion ▼ -198.3%
2019 0.01x CN¥512.39 Million CN¥406.22 Million CN¥52.55 Billion ▲ +124.6%
2018 -0.04x CN¥-1.71 Billion CN¥-1.83 Billion CN¥43.31 Billion ▲ +85.7%
2017 -0.28x CN¥-10.90 Billion CN¥-11.01 Billion CN¥39.41 Billion ▼ -111.1%
2016 -0.13x CN¥-5.79 Billion CN¥-5.89 Billion CN¥44.17 Billion ▼ -264.3%
2015 0.08x CN¥3.75 Billion CN¥3.64 Billion CN¥47.04 Billion ▼ -74.6%
2014 0.31x CN¥8.98 Billion CN¥8.24 Billion CN¥28.60 Billion ▲ +349.7%
2013 -0.13x CN¥-1.27 Billion CN¥-1.33 Billion CN¥10.13 Billion ▲ +11.8%
2012 -0.14x CN¥-1.12 Billion CN¥-1.18 Billion CN¥7.86 Billion ▲ +71.8%
2011 -0.51x CN¥-3.78 Billion CN¥-4.20 Billion CN¥7.48 Billion ▼ -55251.7%
2010 0.00x CN¥-12.13 Million CN¥-95.25 Million CN¥13.28 Billion ▼ -100.2%
2009 0.49x CN¥5.87 Billion CN¥5.80 Billion CN¥12.05 Billion ▲ +423.3%
2008 -0.15x CN¥-888.72 Million CN¥-998.61 Million CN¥5.90 Billion ▼ -122.3%
2007 0.68x CN¥5.48 Billion CN¥5.45 Billion CN¥8.10 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities