Anhui Ankai Automobile - Free Cash Generation

Anhui Ankai Automobile made a net profit of CNY -0.222 mil with revenues of CNY 571 mil in 2Q2020, down by 101% and down by 33.4%, respectively, compared to the previous year. This translates into a net margin of -0.039%.

On the operating level, EBITDA reached CNY -7.14 mil, down 112% compared to the previous year. Over the last five years, the company's EBITDA has fallen 48.5% a year on average.

The company generated cash, defined by a sum of net profit and depreciation, of CNY 15.9 mil or 2.79% of sales. When investments are excluded, free cash flow reached CNY 143 mil, or 25.0% of sales in 2Q2020.

In the last five years, the company generated free cash flow of CNY -1,502 mil. That compares to a cumulative net profit of CNY -1,073 mil in the same period.

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.