Shanghai Carthane Co Ltd (603037) — Financial Flexibility Index

Latest as of June 2023: 0.24x

Shanghai Carthane Co Ltd (603037) has a Financial Flexibility Index of 0.24x as of June 2023. Free cash flow of CN¥43.33 Million (operating CF CN¥25.30 Million minus capex CN¥18.02 Million) represents 0% of total liabilities (CN¥180.78 Million). Check Shanghai Carthane Co Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.24x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥43.33 Million
Operating CF − Capex

Total Liabilities

CN¥180.78 Million
CNY

Capital Expenditures

CN¥18.02 Million
CNY

Shanghai Carthane Co Ltd Financial Flexibility Index (2011–2024)

Historical Financial Flexibility Index trend for Shanghai Carthane Co Ltd across 14 annual periods. For the full cash flow conversion analysis, see Shanghai Carthane Co Ltd (603037) cash flow conversion.

Annual Financial Flexibility Index for Shanghai Carthane Co Ltd (2011–2024)

Year-by-year free cash flow to debt coverage for Shanghai Carthane Co Ltd. Explore Shanghai Carthane 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 0.61x CN¥190.68 Million CN¥128.73 Million CN¥312.15 Million ▼ -15.1%
2023 0.72x CN¥174.25 Million CN¥110.88 Million CN¥242.25 Million ▼ -16.1%
2022 0.86x CN¥185.52 Million CN¥67.87 Million CN¥216.40 Million ▼ -39.3%
2021 1.41x CN¥200.29 Million CN¥119.10 Million CN¥141.79 Million ▼ -46.3%
2020 2.63x CN¥246.57 Million CN¥185.05 Million CN¥93.70 Million ▲ +46.5%
2019 1.80x CN¥168.53 Million CN¥103.29 Million CN¥93.82 Million ▲ +8.7%
2018 1.65x CN¥211.64 Million CN¥132.71 Million CN¥128.01 Million ▲ +48.1%
2017 1.12x CN¥136.66 Million CN¥84.00 Million CN¥122.40 Million ▲ +21.7%
2016 0.92x CN¥73.11 Million CN¥39.19 Million CN¥79.68 Million ▼ -69.5%
2015 3.01x CN¥84.21 Million CN¥64.16 Million CN¥28.02 Million ▲ +0.5%
2014 2.99x CN¥65.29 Million CN¥42.41 Million CN¥21.83 Million ▲ +42.2%
2013 2.10x CN¥75.78 Million CN¥35.42 Million CN¥36.03 Million ▲ +115.1%
2012 0.98x CN¥61.55 Million CN¥45.03 Million CN¥62.94 Million ▼ -19.6%
2011 1.22x CN¥47.46 Million CN¥30.86 Million CN¥39.05 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities