Shanghai Friendess Electronics Tech (688188) — Financial Flexibility Index

Latest as of September 2025: 0.77x

Shanghai Friendess Electronics Tech (688188) has a Financial Flexibility Index of 0.77x as of September 2025. Free cash flow of CN¥242.62 Million (operating CF CN¥239.87 Million minus capex CN¥2.75 Million) represents 1% of total liabilities (CN¥316.44 Million). Check Shanghai Friendess Electronics Tech (688188) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.77x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥242.62 Million
Operating CF − Capex

Total Liabilities

CN¥316.44 Million
CNY

Capital Expenditures

CN¥2.75 Million
CNY

Shanghai Friendess Electronics Tech Financial Flexibility Index (2016–2024)

Historical Financial Flexibility Index trend for Shanghai Friendess Electronics Tech across 9 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Shanghai Friendess Electronics Tech.

Annual Financial Flexibility Index for Shanghai Friendess Electronics Tech (2016–2024)

Year-by-year free cash flow to debt coverage for Shanghai Friendess Electronics Tech. Explore 688188 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 3.01x CN¥1.07 Billion CN¥952.44 Million CN¥353.80 Million ▼ -5.9%
2023 3.20x CN¥1.01 Billion CN¥860.94 Million CN¥316.14 Million ▼ -10.5%
2022 3.58x CN¥716.04 Million CN¥619.28 Million CN¥200.05 Million ▼ -19.2%
2021 4.43x CN¥662.19 Million CN¥498.73 Million CN¥149.45 Million ▲ +27.1%
2020 3.48x CN¥407.37 Million CN¥362.47 Million CN¥116.90 Million ▼ -30.5%
2019 5.01x CN¥353.18 Million CN¥239.90 Million CN¥70.45 Million ▲ +166.0%
2018 1.88x CN¥143.05 Million CN¥139.38 Million CN¥75.91 Million ▲ +21.6%
2017 1.55x CN¥141.99 Million CN¥129.14 Million CN¥91.64 Million ▲ +14.8%
2016 1.35x CN¥76.84 Million CN¥75.88 Million CN¥56.95 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities