Shanghai Smith Adhesive New (603683) — Financial Flexibility Index

Latest as of September 2025: 0.04x

Shanghai Smith Adhesive New (603683) has a Financial Flexibility Index of 0.04x as of September 2025. Free cash flow of CN¥57.42 Million (operating CF CN¥40.43 Million minus capex CN¥17.00 Million) represents 0% of total liabilities (CN¥1.38 Billion). Check 603683 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥57.42 Million
Operating CF − Capex

Total Liabilities

CN¥1.38 Billion
CNY

Capital Expenditures

CN¥17.00 Million
CNY

Shanghai Smith Adhesive New Financial Flexibility Index (2012–2025)

Historical Financial Flexibility Index trend for Shanghai Smith Adhesive New across 14 annual periods. For the full cash flow conversion analysis, see 603683 cash generation efficiency.

Annual Financial Flexibility Index for Shanghai Smith Adhesive New (2012–2025)

Year-by-year free cash flow to debt coverage for Shanghai Smith Adhesive New. Explore Shanghai Smith Adhesive New debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2025 0.25x CN¥369.05 Million CN¥199.84 Million CN¥1.49 Billion ▼ -56.0%
2024 0.56x CN¥685.32 Million CN¥276.20 Million CN¥1.22 Billion ▲ +56.6%
2023 0.36x CN¥300.71 Million CN¥147.83 Million CN¥838.30 Million ▲ +2.5%
2022 0.35x CN¥289.12 Million CN¥191.64 Million CN¥825.80 Million ▲ +14.1%
2021 0.31x CN¥237.13 Million CN¥126.19 Million CN¥772.59 Million ▲ +37.1%
2020 0.22x CN¥154.21 Million CN¥77.76 Million CN¥688.89 Million ▼ -48.1%
2019 0.43x CN¥295.68 Million CN¥88.24 Million CN¥685.47 Million ▲ +47.2%
2018 0.29x CN¥151.49 Million CN¥-9.26 Million CN¥516.82 Million ▼ -50.2%
2017 0.59x CN¥221.04 Million CN¥40.33 Million CN¥375.72 Million ▲ +6.9%
2016 0.55x CN¥115.99 Million CN¥41.57 Million CN¥210.72 Million ▼ -50.3%
2015 1.11x CN¥156.43 Million CN¥75.23 Million CN¥141.24 Million ▲ +146.5%
2014 0.45x CN¥102.37 Million CN¥73.54 Million CN¥227.83 Million ▲ +20.2%
2013 0.37x CN¥87.81 Million CN¥68.23 Million CN¥234.90 Million ▲ +26.0%
2012 0.30x CN¥76.78 Million CN¥49.20 Million CN¥258.82 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities