Zhejiang Provincial New Energy Investment Group Co Ltd (600032) — Free Cash Flow Generation Index

Latest as of September 2025: 0.86x

Zhejiang Provincial New Energy Investment Group Co Ltd (600032) has a Free Cash Flow Generation Index of 0.86x as of September 2025. Free cash flow of CN¥2.36 Billion represents 1% of operating cash flow (CN¥2.74 Billion). See 600032 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.86x
Free Cash Flow / Operating CF

Free Cash Flow

CN¥2.36 Billion
CNY

Operating Cash Flow

CN¥2.74 Billion
CNY

Capital Expenditures

CN¥386.11 Million
CNY

Zhejiang Provincial New Energy Investment Group Co Ltd Free Cash Flow Generation Index (2016–2024)

Historical FCF Generation Index trend for Zhejiang Provincial New Energy Investment Group Co Ltd across 9 annual periods. Explore 600032 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Zhejiang Provincial New Energy Investment Group Co Ltd (2016–2024)

Year-by-year Free Cash Flow Generation Index for Zhejiang Provincial New Energy Investment Group Co Ltd. For the full company profile including market capitalisation, see Zhejiang Provincial New Energy Investmen market capitalisation.

Year FCG Index Free Cash Flow (CNY) Operating CF Capital Expenditures YoY Change
2024 0.48x CN¥1.34 Billion CN¥2.82 Billion CN¥1.48 Billion ▲ +168.5%
2023 -0.69x CN¥-1.71 Billion CN¥2.46 Billion CN¥4.17 Billion ▼ -565.3%
2022 -0.10x CN¥-303.69 Million CN¥2.91 Billion CN¥3.21 Billion ▲ +92.3%
2021 -1.35x CN¥-1.57 Billion CN¥1.16 Billion CN¥2.73 Billion ▲ +53.1%
2020 -2.89x CN¥-3.51 Billion CN¥1.22 Billion CN¥4.73 Billion ▼ -82.5%
2019 -1.58x CN¥-1.90 Billion CN¥1.20 Billion CN¥3.11 Billion ▼ -1063.6%
2018 0.16x CN¥106.17 Million CN¥646.02 Million CN¥539.85 Million ▲ +895.1%
2017 0.02x CN¥8.70 Million CN¥527.04 Million CN¥518.34 Million ▼ -97.7%
2016 0.71x CN¥603.52 Million CN¥844.80 Million CN¥241.28 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).