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 strategic asset allocation of Shanghai Zhenhua Heavy Industries Co Ltd to assess the company's strategic physical and investment asset allocation.

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. See Shanghai Zhenhua Heavy Industries Co Ltd (900947) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the full company profile including market capitalisation, see market value of Shanghai Zhenhua Heavy Industries Co Ltd.

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