Your company's debt ratio is as high as over 60%. How much of it is interest-bearing debt? Will the capital chain be cut off?

2024-12-31 21:35
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Changdian Technology: Hello, the company's asset-liability ratio was 60.39% at the end of September 2020, a year-on-year decrease of 3.42 percentage points. The interest expense in the first three quarters of 2020 was 433 million yuan, a year-on-year decrease of 26.43%. The company generated RMB 3.63 billion in cash from operating activities in the first three quarters of 2020, a year-on-year increase of 166.6%. In the first three quarters of 2020, after deducting RMB 2.0 billion in net asset investment expenditure, the cumulative free cash flow reached RMB 1.63 billion, a year-on-year increase of 318.22%. With the continuous improvement of the company's operating conditions and the continuous optimization of its financial structure, it is our goal to achieve continuous growth in the company's cash generated from operating activities and free cash flow. Thank you!