Zhongsheng Group Holdings Limited (HKG:0881)
Hong Kong · Delayed Price · Currency is HKD 3.155
-0.045 (-1.41%)
Sep 15, 2026, 4:08 PM HKT
Zhongsheng Group Holdings Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -2,574 | -1,673 | 3,212 | 5,018 | 6,688 | 8,329 |
Depreciation & Amortization | 2,648 | 2,679 | 2,754 | 2,104 | 2,714 | 2,251 |
Other Amortization | 116.94 | 120.57 | 123.35 | 114.68 | 137.48 | 122.94 |
Loss (Gain) From Sale of Assets | 1,267 | 1,119 | -20.42 | 93.24 | -126.13 | -5.33 |
Asset Writedown & Restructuring Costs | 1,261 | 1,261 | 99.93 | - | - | - |
Loss (Gain) From Sale of Investments | -3.79 | -3.32 | -5.32 | -25.16 | 10.11 | -20.62 |
Loss (Gain) on Equity Investments | 7.45 | 8.2 | -1.8 | 1.32 | -0.57 | -8.51 |
Provision & Write-off of Bad Debts | 33.97 | 24.61 | 7.59 | 46.76 | 7.89 | 4.99 |
Other Operating Activities | 298.44 | 215.45 | 930.99 | 1,022 | 535.92 | 1,667 |
Change in Accounts Receivable | 2,059 | 1,680 | -518.59 | -2,376 | 32.54 | 287.98 |
Change in Inventory | 2,381 | 565.78 | -2,092 | -1,095 | -4,067 | -951.32 |
Change in Accounts Payable | -3,148 | 3,909 | 1,546 | 2,822 | 3,320 | -264.28 |
Change in Other Net Operating Assets | -272.93 | -501.66 | -2,596 | -1,299 | -468.16 | -540.2 |
Operating Cash Flow | 4,074 | 9,405 | 3,439 | 6,426 | 8,785 | 10,872 |
Operating Cash Flow Growth | -36.95% | 173.45% | -46.48% | -26.85% | -19.20% | 16.60% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -2,300 | -2,887 | -2,101 | -2,864 | -3,160 | -4,507 |
Sale of Property, Plant & Equipment | 509.98 | 635.14 | 1,463 | 1,757 | 1,386 | 1,005 |
Cash Acquisitions | -46.37 | -97.83 | -33.99 | -80.62 | 73.93 | -5,409 |
Divestitures | 34.54 | 28.2 | 0.57 | - | 3.4 | 17.47 |
Sale (Purchase) of Intangibles | -44.74 | -52.11 | -188.23 | -28.84 | -658.74 | -571.74 |
Investment in Securities | -236.86 | -165.75 | 10.45 | -155.29 | -36 | -54.24 |
Other Investing Activities | 265.43 | 490.68 | 1,468 | 874.61 | -1,209 | 102.61 |
Investing Cash Flow | -1,818 | -2,049 | 619.53 | -497.02 | -3,600 | -9,417 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 94,709 | 105,773 | 115,559 | 106,782 | 113,158 |
Total Debt Issued | 89,220 | 94,709 | 105,773 | 115,559 | 106,782 | 113,158 |
Long-Term Debt Repaid | - | -101,330 | -103,169 | -111,436 | -107,234 | -112,940 |
Lease Payments | -1,016 | -1,170 | -1,058 | -817.21 | -777.99 | -728 |
Total Debt Repaid | -91,595 | -101,330 | -103,169 | -111,436 | -107,234 | -112,940 |
Net Debt Issued (Repaid) | -2,375 | -6,621 | 2,604 | 4,123 | -451.67 | 217.88 |
Issuance of Common Stock | - | - | - | - | - | 2,498 |
Repurchase of Common Stock | - | - | -193.65 | -449.04 | -405.37 | -26.83 |
Common Dividends Paid | -1,468 | -1,468 | -1,735 | -2,375 | -1,728 | -1,113 |
Other Financing Activities | 2,327 | -2,509 | -1,676 | -3,300 | -1,941 | -275.69 |
Financing Cash Flow | -1,516 | -10,598 | -1,000 | -2,001 | -4,527 | 1,301 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -21.63 | -25.18 | 16.91 | 5.3 | 70.75 | -16.63 |
Net Cash Flow | 718.69 | -3,266 | 3,076 | 3,933 | 728.99 | 2,740 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,774 | 6,518 | 1,339 | 3,562 | 5,625 | 6,365 |
Free Cash Flow Growth | -55.59% | 386.95% | -62.42% | -36.68% | -11.63% | 4.49% |
Free Cash Flow Margin | 1.18% | 3.96% | 0.80% | 1.99% | 3.13% | 3.64% |
Free Cash Flow Per Share | 0.75 | 2.75 | 0.55 | 1.44 | 2.23 | 2.60 |
Levered Free Cash Flow | -829.11 | 2,715 | -1,067 | 1,273 | -36.49 | 2,204 |
Unlevered Free Cash Flow | 98.86 | 3,670 | -83.55 | 2,215 | 725.16 | 2,904 |
Free Cash Flow After Leases | 758.14 | 5,348 | 280.34 | 2,745 | 4,847 | 5,637 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,366 | 1,829 | 1,259 | 1,238 | 859.63 | 757.25 |
Cash Income Tax Paid | 463.8 | 535.49 | 1,213 | 1,807 | 2,708 | 2,443 |
Change in Working Capital | 1,019 | 5,654 | -3,661 | -1,948 | -1,182 | -1,468 |