Ningbo Changhong Polymer Scientific & Technical Inc (605008) — Financial Flexibility Index

Latest as of September 2025: -0.02x

Ningbo Changhong Polymer Scientific & Technical Inc (605008) has a Financial Flexibility Index of -0.02x as of September 2025. Free cash flow of CN¥-96.99 Million (operating CF CN¥-165.58 Million minus capex CN¥68.59 Million) represents 0% of total liabilities (CN¥4.30 Billion). Check Ningbo Changhong Polymer Scientific & Te asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Financial Flexibility Index

-0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥-96.99 Million
Operating CF − Capex

Total Liabilities

CN¥4.30 Billion
CNY

Capital Expenditures

CN¥68.59 Million
CNY

Ningbo Changhong Polymer Scientific & Technical Inc Financial Flexibility Index (2016–2024)

Historical Financial Flexibility Index trend for Ningbo Changhong Polymer Scientific & Technical Inc across 9 annual periods. See Ningbo Changhong Polymer Scientific & Te (605008) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Ningbo Changhong Polymer Scientific & Technical Inc (2016–2024)

Year-by-year free cash flow to debt coverage for Ningbo Changhong Polymer Scientific & Technical Inc. For the full company profile including market capitalisation, see 605008 market cap overview.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2024 0.26x CN¥825.88 Million CN¥348.64 Million CN¥3.17 Billion ▼ -25.2%
2023 0.35x CN¥920.15 Million CN¥232.93 Million CN¥2.64 Billion ▲ +9.1%
2022 0.32x CN¥576.06 Million CN¥74.12 Million CN¥1.80 Billion ▼ -16.7%
2021 0.38x CN¥612.21 Million CN¥-61.35 Million CN¥1.60 Billion ▼ -21.2%
2020 0.49x CN¥257.43 Million CN¥52.61 Million CN¥528.97 Million ▼ -68.2%
2019 1.53x CN¥489.91 Million CN¥175.82 Million CN¥320.21 Million ▲ +47.5%
2018 1.04x CN¥226.70 Million CN¥129.00 Million CN¥218.60 Million ▼ -45.6%
2017 1.91x CN¥124.81 Million CN¥57.99 Million CN¥65.45 Million ▲ +30.0%
2016 1.47x CN¥193.35 Million CN¥110.13 Million CN¥131.84 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities