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 603677 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

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. See Qijing Machinery working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

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

Year-by-year free cash flow to debt coverage for Qijing Machinery. For the full company profile including market capitalisation, see Qijing Machinery market cap and net worth.

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