Anhui Ankai Automobile - Cash Flow

Anhui Ankai Automobile's operating cash flow stood at CNY -387 mil in 2Q2020, down 95.4% when compared to the previous year. Historically, between 1Q1996 - 2Q2020, the firm’s operating cash flow reached a high of CNY 1,024 mil in 2Q2017 and a low of CNY -689 mil in 2Q2016.

Anhui Ankai Automobile's total investments stood at CNY 530 mil and accounted for -53.9% of sales in 2Q2020. This is compared to an average of -1.32% as seen over the last five years.

Cash from financing amounted to CNY -146 mil, so the company generated CNY -8.13 mil net cash in 2Q2020.

At the end of 2Q2020, the company had a net debt of CNY 1,875 mil, or 2,002x of EBITDA and 413% of equity. Net working capital amounted to CNY 110 mil, or 19.3% of sales. The cash conversion cycle stood at -3.72 days in 2Q2020. This is an improvement compared to the previous year (-35.2 days), so Anhui Ankai Automobile’s working capital was tied up for 31.5 fewer days.

You can see all the company’s data at Anhui Ankai Automobile profile, or you can download a report on the company in the report section.