Ningbo Gaofa Automotive Ctrl (603788) — Financial Flexibility Index

Latest as of September 2025: 0.29x

Ningbo Gaofa Automotive Ctrl (603788) has a Financial Flexibility Index of 0.29x as of September 2025. Free cash flow of CN¥166.48 Million (operating CF CN¥146.43 Million minus capex CN¥20.05 Million) represents 0% of total liabilities (CN¥566.99 Million). Check Ningbo Gaofa Automotive Ctrl (603788) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.29x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥166.48 Million
Operating CF − Capex

Total Liabilities

CN¥566.99 Million
CNY

Capital Expenditures

CN¥20.05 Million
CNY

Ningbo Gaofa Automotive Ctrl Financial Flexibility Index (2011–2025)

Historical Financial Flexibility Index trend for Ningbo Gaofa Automotive Ctrl across 15 annual periods. For the full cash flow conversion analysis, see Ningbo Gaofa Automotive Ctrl (603788) cash flow conversion.

Annual Financial Flexibility Index for Ningbo Gaofa Automotive Ctrl (2011–2025)

Year-by-year free cash flow to debt coverage for Ningbo Gaofa Automotive Ctrl. Explore 603788 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2025 0.30x CN¥174.83 Million CN¥101.88 Million CN¥580.38 Million ▼ -35.5%
2024 0.47x CN¥276.78 Million CN¥126.38 Million CN¥592.27 Million ▼ -3.0%
2023 0.48x CN¥243.69 Million CN¥102.23 Million CN¥506.05 Million ▼ -46.4%
2022 0.90x CN¥314.39 Million CN¥132.27 Million CN¥350.24 Million ▲ +59.8%
2021 0.56x CN¥179.77 Million CN¥160.26 Million CN¥319.97 Million ▼ -0.3%
2020 0.56x CN¥198.75 Million CN¥176.94 Million CN¥352.74 Million ▼ -50.3%
2019 1.13x CN¥361.21 Million CN¥330.94 Million CN¥318.51 Million ▲ +30.6%
2018 0.87x CN¥275.91 Million CN¥246.35 Million CN¥317.74 Million ▲ +158.4%
2017 0.34x CN¥135.37 Million CN¥105.03 Million CN¥402.78 Million ▲ +18.5%
2016 0.28x CN¥95.16 Million CN¥78.78 Million CN¥335.38 Million ▲ +112.9%
2015 0.13x CN¥37.71 Million CN¥22.54 Million CN¥282.94 Million ▼ -57.0%
2014 0.31x CN¥67.48 Million CN¥51.84 Million CN¥217.96 Million ▼ -37.1%
2013 0.49x CN¥88.34 Million CN¥66.59 Million CN¥179.53 Million ▼ -31.1%
2012 0.71x CN¥82.63 Million CN¥58.10 Million CN¥115.63 Million ▲ +18.1%
2011 0.61x CN¥56.43 Million CN¥38.28 Million CN¥93.23 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities