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). Also explore Ningbo Changhong Polymer Scientific & Te annual equity growth to track the company's year-over-year net asset growth rate.

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. Check Ningbo Changhong Polymer Scientific & Te liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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.

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