Shenzhen Sunxing Light Alloys (603978) — Financial Flexibility Index

Latest as of September 2025: -0.05x

Shenzhen Sunxing Light Alloys (603978) has a Financial Flexibility Index of -0.05x as of September 2025. Free cash flow of CN¥-122.41 Million (operating CF CN¥-124.18 Million minus capex CN¥1.78 Million) represents 0% of total liabilities (CN¥2.54 Billion). Check how aggressively does Shenzhen Sunxing Light Alloys reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥-122.41 Million
Operating CF − Capex

Total Liabilities

CN¥2.54 Billion
CNY

Capital Expenditures

CN¥1.78 Million
CNY

Shenzhen Sunxing Light Alloys Financial Flexibility Index (2012–2025)

Historical Financial Flexibility Index trend for Shenzhen Sunxing Light Alloys across 14 annual periods. For the full cash flow conversion analysis, see Shenzhen Sunxing Light Alloys operating cash flow efficiency.

Annual Financial Flexibility Index for Shenzhen Sunxing Light Alloys (2012–2025)

Year-by-year free cash flow to debt coverage for Shenzhen Sunxing Light Alloys. Explore Shenzhen Sunxing Light Alloys (603978) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2025 -0.03x CN¥-84.30 Million CN¥-124.48 Million CN¥2.70 Billion ▼ -69.9%
2024 -0.02x CN¥-39.91 Million CN¥-247.16 Million CN¥2.17 Billion ▼ -147.8%
2023 0.04x CN¥76.42 Million CN¥-195.17 Million CN¥1.98 Billion ▲ +168.8%
2022 -0.06x CN¥-81.59 Million CN¥-146.39 Million CN¥1.46 Billion ▲ +66.1%
2021 -0.17x CN¥-154.79 Million CN¥-208.63 Million CN¥937.59 Million ▲ +29.2%
2020 -0.23x CN¥-250.98 Million CN¥-293.18 Million CN¥1.08 Billion ▼ -319.7%
2019 0.11x CN¥65.63 Million CN¥-65.44 Million CN¥618.53 Million ▼ -80.1%
2018 0.53x CN¥270.94 Million CN¥132.58 Million CN¥509.37 Million ▲ +186.4%
2017 -0.62x CN¥-173.50 Million CN¥-254.39 Million CN¥281.69 Million ▼ -227.4%
2016 0.48x CN¥130.05 Million CN¥84.66 Million CN¥268.96 Million ▼ -30.5%
2015 0.70x CN¥132.01 Million CN¥84.93 Million CN¥189.68 Million ▼ -48.5%
2014 1.35x CN¥208.75 Million CN¥109.08 Million CN¥154.50 Million ▲ +64.0%
2013 0.82x CN¥113.55 Million CN¥58.03 Million CN¥137.83 Million ▼ -50.8%
2012 1.68x CN¥190.46 Million CN¥133.36 Million CN¥113.67 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities