Shenyang Toly Bread Co Ltd (603866) — Financial Flexibility Index

Latest as of September 2025: 0.14x

Shenyang Toly Bread Co Ltd (603866) has a Financial Flexibility Index of 0.14x as of September 2025. Free cash flow of CN¥291.63 Million (operating CF CN¥226.27 Million minus capex CN¥65.37 Million) represents 0% of total liabilities (CN¥2.09 Billion). Check Shenyang Toly Bread Co Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.14x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥291.63 Million
Operating CF − Capex

Total Liabilities

CN¥2.09 Billion
CNY

Capital Expenditures

CN¥65.37 Million
CNY

Shenyang Toly Bread Co Ltd Financial Flexibility Index (2012–2025)

Historical Financial Flexibility Index trend for Shenyang Toly Bread Co Ltd across 14 annual periods. For the full cash flow conversion analysis, see Shenyang Toly Bread Co Ltd operating cash flow efficiency.

Annual Financial Flexibility Index for Shenyang Toly Bread Co Ltd (2012–2025)

Year-by-year free cash flow to debt coverage for Shenyang Toly Bread Co Ltd. Explore 603866 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2025 0.54x CN¥1.10 Billion CN¥764.14 Million CN¥2.02 Billion ▼ -36.1%
2024 0.85x CN¥1.65 Billion CN¥997.80 Million CN¥1.94 Billion ▼ -0.1%
2023 0.85x CN¥1.67 Billion CN¥810.61 Million CN¥1.96 Billion ▼ -30.8%
2022 1.23x CN¥1.97 Billion CN¥1.07 Billion CN¥1.60 Billion ▼ -37.4%
2021 1.97x CN¥2.13 Billion CN¥1.01 Billion CN¥1.08 Billion ▼ -15.8%
2020 2.34x CN¥1.99 Billion CN¥1.10 Billion CN¥852.32 Million ▲ +89.6%
2019 1.23x CN¥1.78 Billion CN¥887.83 Million CN¥1.44 Billion ▼ -49.7%
2018 2.45x CN¥1.20 Billion CN¥803.22 Million CN¥489.12 Million ▼ -13.4%
2017 2.83x CN¥1.05 Billion CN¥653.15 Million CN¥370.66 Million ▼ -8.5%
2016 3.10x CN¥955.79 Million CN¥519.49 Million CN¥308.75 Million ▲ +14.8%
2015 2.70x CN¥743.47 Million CN¥427.44 Million CN¥275.63 Million ▼ -8.0%
2014 2.93x CN¥577.78 Million CN¥319.38 Million CN¥197.14 Million ▼ -20.0%
2013 3.66x CN¥516.10 Million CN¥318.80 Million CN¥140.88 Million ▲ +41.4%
2012 2.59x CN¥378.23 Million CN¥249.90 Million CN¥145.94 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities