Zhejiang Xinao Textiles Inc (603889) — Financial Flexibility Index

Latest as of September 2025: 0.12x

Zhejiang Xinao Textiles Inc (603889) has a Financial Flexibility Index of 0.12x as of September 2025. Free cash flow of CN¥308.11 Million (operating CF CN¥254.44 Million minus capex CN¥53.66 Million) represents 0% of total liabilities (CN¥2.63 Billion). Check 603889 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.12x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥308.11 Million
Operating CF − Capex

Total Liabilities

CN¥2.63 Billion
CNY

Capital Expenditures

CN¥53.66 Million
CNY

Zhejiang Xinao Textiles Inc Financial Flexibility Index (2011–2024)

Historical Financial Flexibility Index trend for Zhejiang Xinao Textiles Inc across 14 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Zhejiang Xinao Textiles Inc.

Annual Financial Flexibility Index for Zhejiang Xinao Textiles Inc (2011–2024)

Year-by-year free cash flow to debt coverage for Zhejiang Xinao Textiles Inc. Explore 603889 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2024 0.53x CN¥1.13 Billion CN¥369.82 Million CN¥2.14 Billion ▲ +0.2%
2023 0.52x CN¥1.23 Billion CN¥552.17 Million CN¥2.35 Billion ▲ +78.7%
2022 0.29x CN¥474.22 Million CN¥372.99 Million CN¥1.61 Billion ▲ +3250.5%
2021 -0.01x CN¥-11.15 Million CN¥-121.00 Million CN¥1.20 Billion ▼ -101.7%
2020 0.56x CN¥390.22 Million CN¥301.47 Million CN¥693.46 Million ▼ -47.6%
2019 1.07x CN¥734.95 Million CN¥398.65 Million CN¥684.86 Million ▲ +223.7%
2018 0.33x CN¥221.30 Million CN¥-63.62 Million CN¥667.57 Million ▼ -69.0%
2017 1.07x CN¥465.78 Million CN¥168.99 Million CN¥435.40 Million ▲ +17.2%
2016 0.91x CN¥409.90 Million CN¥155.85 Million CN¥449.07 Million ▼ -15.0%
2015 1.07x CN¥353.46 Million CN¥231.45 Million CN¥329.10 Million ▲ +217.4%
2014 0.34x CN¥213.23 Million CN¥113.44 Million CN¥630.16 Million ▼ -4.0%
2013 0.35x CN¥218.81 Million CN¥84.21 Million CN¥620.60 Million ▼ -14.3%
2012 0.41x CN¥199.22 Million CN¥126.85 Million CN¥484.07 Million ▲ +7.9%
2011 0.38x CN¥204.58 Million CN¥104.98 Million CN¥536.30 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities