Three Stars NM (603578) — Financial Flexibility Index

Latest as of September 2025: 0.07x

Three Stars NM (603578) has a Financial Flexibility Index of 0.07x as of September 2025. Free cash flow of CN¥233.33 Million (operating CF CN¥218.35 Million minus capex CN¥14.98 Million) represents 0% of total liabilities (CN¥3.55 Billion). Check Three Stars NM strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.07x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥233.33 Million
Operating CF − Capex

Total Liabilities

CN¥3.55 Billion
CNY

Capital Expenditures

CN¥14.98 Million
CNY

Three Stars NM Financial Flexibility Index (2012–2025)

Historical Financial Flexibility Index trend for Three Stars NM across 14 annual periods. See Three Stars NM short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Three Stars NM (2012–2025)

Year-by-year free cash flow to debt coverage for Three Stars NM. For the full company profile including market capitalisation, see how much is Three Stars NM worth.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2025 0.21x CN¥775.46 Million CN¥630.21 Million CN¥3.68 Billion ▼ -36.0%
2024 0.33x CN¥1.13 Billion CN¥7.45 Million CN¥3.44 Billion ▼ -6.3%
2023 0.35x CN¥549.80 Million CN¥125.07 Million CN¥1.57 Billion ▲ +436.0%
2022 -0.10x CN¥-24.92 Million CN¥-49.58 Million CN¥238.45 Million ▼ -148.3%
2021 0.22x CN¥67.26 Million CN¥16.61 Million CN¥311.10 Million ▼ -5.5%
2020 0.23x CN¥74.90 Million CN¥30.88 Million CN¥327.40 Million ▼ -78.3%
2019 1.06x CN¥315.05 Million CN¥245.32 Million CN¥298.31 Million ▲ +297.6%
2018 0.27x CN¥25.38 Million CN¥-9.78 Million CN¥95.56 Million ▼ -51.6%
2017 0.55x CN¥58.03 Million CN¥36.41 Million CN¥105.79 Million ▼ -5.8%
2016 0.58x CN¥45.43 Million CN¥41.77 Million CN¥78.05 Million ▼ -22.5%
2015 0.75x CN¥46.83 Million CN¥39.74 Million CN¥62.35 Million ▼ -14.7%
2014 0.88x CN¥55.31 Million CN¥45.80 Million CN¥62.85 Million ▲ +25.1%
2013 0.70x CN¥69.43 Million CN¥33.10 Million CN¥98.72 Million ▲ +34.1%
2012 0.52x CN¥43.49 Million CN¥26.28 Million CN¥82.90 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities