Red Avenue New Materials Group Co Ltd (603650) — Financial Flexibility Index
Red Avenue New Materials Group Co Ltd (603650) has a Financial Flexibility Index of 0.05x as of September 2025. Free cash flow of CN¥269.20 Million (operating CF CN¥212.11 Million minus capex CN¥57.09 Million) represents 0% of total liabilities (CN¥5.43 Billion). Also explore net asset growth rate of Red Avenue New Materials Group Co Ltd to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Red Avenue New Materials Group Co Ltd Financial Flexibility Index (2014–2024)
Historical Financial Flexibility Index trend for Red Avenue New Materials Group Co Ltd across 11 annual periods. Check 603650 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Red Avenue New Materials Group Co Ltd (2014–2024)
Year-by-year free cash flow to debt coverage for Red Avenue New Materials Group Co Ltd. For the full company profile including market capitalisation, see Red Avenue New Materials Group Co Ltd (603650) market capitalisation.
| Year | Flexibility Index | Free Cash Flow (CNY) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.10x | CN¥498.34 Million | CN¥242.60 Million | CN¥4.95 Billion | ▲ +8.8% |
| 2023 | 0.09x | CN¥354.36 Million | CN¥184.12 Million | CN¥3.83 Billion | ▼ -26.0% |
| 2022 | 0.13x | CN¥465.41 Million | CN¥102.75 Million | CN¥3.72 Billion | ▼ -62.3% |
| 2021 | 0.33x | CN¥1.04 Billion | CN¥344.72 Million | CN¥3.14 Billion | ▲ +104.7% |
| 2020 | 0.16x | CN¥319.95 Million | CN¥206.97 Million | CN¥1.97 Billion | ▼ -44.5% |
| 2019 | 0.29x | CN¥490.46 Million | CN¥418.78 Million | CN¥1.68 Billion | ▼ -51.7% |
| 2018 | 0.61x | CN¥519.99 Million | CN¥352.04 Million | CN¥859.06 Million | ▲ +65.5% |
| 2017 | 0.37x | CN¥248.21 Million | CN¥229.30 Million | CN¥678.46 Million | ▼ -22.5% |
| 2016 | 0.47x | CN¥300.86 Million | CN¥255.37 Million | CN¥637.10 Million | ▲ +168.1% |
| 2015 | 0.18x | CN¥177.54 Million | CN¥170.32 Million | CN¥1.01 Billion | ▲ +4.5% |
| 2014 | 0.17x | CN¥139.75 Million | CN¥117.99 Million | CN¥829.29 Million | — |