Three Stars NM Financial Flexibility Index
Three Stars NM financial flexibility index. 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). See Three Stars NM free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Three Stars NM (2012–2025)
Financial flexibility index of Three Stars NM from 2012 to 2025. Historical Financial Flexibility Index trend for Three Stars NM across 14 annual periods. Check 603578 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Three Stars NM Financial Flexibility Index by Year (2012–2025)
Three Stars NM financial flexibility index by year from 2012 to 2025. Year-by-year free cash flow to debt coverage for Three Stars NM. For the full cash flow conversion analysis, see Three Stars NM operating cash flow efficiency.
| 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 | — |