Qijing Machinery (603677) — Financial Flexibility Index

Latest as of September 2025: 0.09x

Qijing Machinery (603677) has a Financial Flexibility Index of 0.09x as of September 2025. Free cash flow of CN¥92.82 Million (operating CF CN¥65.45 Million minus capex CN¥27.37 Million) represents 0% of total liabilities (CN¥1.08 Billion). Check Qijing Machinery cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥92.82 Million
Operating CF − Capex

Total Liabilities

CN¥1.08 Billion
CNY

Capital Expenditures

CN¥27.37 Million
CNY

Qijing Machinery Financial Flexibility Index (2011–2025)

Historical Financial Flexibility Index trend for Qijing Machinery across 15 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Qijing Machinery.

Annual Financial Flexibility Index for Qijing Machinery (2011–2025)

Year-by-year free cash flow to debt coverage for Qijing Machinery. Explore Qijing Machinery (603677) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2025 0.15x CN¥158.61 Million CN¥29.00 Million CN¥1.07 Billion ▼ -41.3%
2024 0.25x CN¥279.73 Million CN¥124.54 Million CN¥1.11 Billion ▼ -16.6%
2023 0.30x CN¥299.26 Million CN¥204.22 Million CN¥987.47 Million ▲ +4.4%
2022 0.29x CN¥259.22 Million CN¥175.05 Million CN¥893.01 Million ▲ +35.6%
2021 0.21x CN¥203.10 Million CN¥74.85 Million CN¥949.07 Million ▼ -58.0%
2020 0.51x CN¥392.48 Million CN¥309.33 Million CN¥770.28 Million ▲ +28.3%
2019 0.40x CN¥278.44 Million CN¥113.94 Million CN¥700.95 Million ▲ +69.4%
2018 0.23x CN¥225.84 Million CN¥77.19 Million CN¥962.91 Million ▲ +12.6%
2017 0.21x CN¥105.37 Million CN¥-64.27 Million CN¥505.74 Million ▼ -47.9%
2016 0.40x CN¥179.90 Million CN¥113.37 Million CN¥449.47 Million ▼ -6.6%
2015 0.43x CN¥219.49 Million CN¥162.26 Million CN¥512.21 Million ▲ +77.3%
2014 0.24x CN¥136.76 Million CN¥110.14 Million CN¥565.90 Million ▲ +31.8%
2013 0.18x CN¥106.88 Million CN¥36.43 Million CN¥583.10 Million ▼ -24.7%
2012 0.24x CN¥166.12 Million CN¥94.19 Million CN¥682.01 Million ▲ +352.6%
2011 0.05x CN¥41.29 Million CN¥-4.97 Million CN¥767.17 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities