Shanghai Zhenhua Heavy Industries Co Ltd B (900947) — Financial Flexibility Index

Latest as of June 2023: 0.03x

Shanghai Zhenhua Heavy Industries Co Ltd B (900947) has a Financial Flexibility Index of 0.03x as of June 2023. Free cash flow of $2.37 Billion (operating CF $2.32 Billion minus capex $51.21 Million) represents 0% of total liabilities ($68.09 Billion). Check Shanghai Zhenhua Heavy Industries Co Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

$2.37 Billion
Operating CF − Capex

Total Liabilities

$68.09 Billion
USD

Capital Expenditures

$51.21 Million
USD

Shanghai Zhenhua Heavy Industries Co Ltd B Financial Flexibility Index (2016–2024)

Historical Financial Flexibility Index trend for Shanghai Zhenhua Heavy Industries Co Ltd B across 9 annual periods. For the full cash flow conversion analysis, see Shanghai Zhenhua Heavy Industries Co Ltd operating cash flow efficiency.

Annual Financial Flexibility Index for Shanghai Zhenhua Heavy Industries Co Ltd B (2016–2024)

Year-by-year free cash flow to debt coverage for Shanghai Zhenhua Heavy Industries Co Ltd B. Explore Shanghai Zhenhua Heavy Industries Co Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 0.09x $6.34 Billion $5.28 Billion $67.45 Billion ▲ +4.6%
2023 0.09x $5.93 Billion $5.18 Billion $66.00 Billion ▲ +76.6%
2022 0.05x $3.06 Billion $2.57 Billion $60.09 Billion ▼ -8.8%
2021 0.06x $3.39 Billion $2.12 Billion $60.68 Billion ▲ +41.2%
2020 0.04x $2.46 Billion $819.39 Million $62.25 Billion ▼ -27.1%
2019 0.05x $3.03 Billion $1.29 Billion $55.84 Billion ▼ -21.5%
2018 0.07x $3.66 Billion $553.94 Million $52.99 Billion ▲ +31.3%
2017 0.05x $2.67 Billion $1.33 Billion $50.69 Billion ▼ -17.2%
2016 0.06x $2.82 Billion $1.66 Billion $44.34 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities