In addition, financial flexibility

In addition, financial flexibility is good or bad depends on indicators of cash flow from operating activities of the adequacy of the index alsoreflects the company's ability to manage cash flow for operating activities to some extent. A company's financial flexibility the total score of each indexon an upward trend between 2013 and 2016, declined in 2017, compared with the average of the industry, in addition to 2016in all the cash flow ratio is higher than the average, the other index score for each year They are in below the mean. The ratio of capital to purchaseonly in 2016, more than one, other years were less than 1, 2013, and 2017 is negative, indicating that A company operating activitiescash flows generated by moving insufficient for the expansion of production scale, the need for external financing. All cash flow ratio of eachof the same value is less than 1, indicating that the company's cash flow from operating activities can not be met from investing activities and financing activitiescash requirements. As can be seen in terms of financial flexibility and the ability to obtain now, there are some companies in the management of cash flowshortage, at each control point and the source of operating cash flow to be strengthened.