DPC Dash Ltd (HKG:1405)

DPC Dash Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	157.05	141.93	55.2	-26.6	-222.63	-471.06
Depreciation & Amortization	725.85	693.04	550.57	430	344.56	293.55
Other Amortization	22.52	22.52	19.32	17.18	14.24	10.19
Loss (Gain) From Sale of Assets	5.91	5.91	6.64	8.02	5.23	2.36
Asset Writedown & Restructuring Costs	12.78	12.78	1.69	10.05	8.14	4.64
Stock-Based Compensation	45.97	45.97	74.77	93.23	39.71	90.82
Provision & Write-off of Bad Debts	0.81	0.81	0.64	1.08	0.23	0.05
Other Operating Activities	87.94	-7.89	15.67	-83.86	62.27	269.73
Change in Accounts Receivable	-4.55	-4.55	-3.3	-1.47	-3.82	-0.95
Change in Inventory	-20	-20	-43.43	-7.61	-30.36	-10.84
Change in Accounts Payable	30.48	30.48	94.74	27.16	2.05	50.95
Change in Unearned Revenue	-7	-7	18.1	13.79	7.91	5.94
Change in Other Net Operating Assets	-21.1	-21.1	27.82	55.13	70.69	86.72
Operating Cash Flow	1,037	892.9	818.42	536.09	298.21	332.09
Operating Cash Flow Growth	29.14%	9.10%	52.67%	79.77%	-10.20%	220.73%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-530.22	-454.3	-373.16	-287.62	-195.23	-170.78
Sale of Property, Plant & Equipment	0.04	0.05	0.13	-	-	1.21
Sale (Purchase) of Intangibles	-61.69	-51.72	-43.08	-28.58	-15.37	-14.03
Investment in Securities	-	-	432.44	-428.19	-	-
Other Investing Activities	15.38	17.5	25.29	12.27	3.37	1.86
Investing Cash Flow	-576.49	-488.48	41.61	-732.12	-207.23	-181.74

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	200	-	-	200	-
Long-Term Debt Repaid	-	-570.41	-285.21	-218.13	-347.57	-177.04
Lease Payments	-434.56	-370.21	-285.21	-218.13	-167.57	-147.04
Net Debt Issued (Repaid)	-434.96	-370.41	-285.21	-218.13	-147.57	-177.04
Issuance of Common Stock	14.04	15.85	5.23	548.92	-	577.39
Other Financing Activities	-102.3	-109.33	-102.02	-113.72	-77.01	-157.36
Financing Cash Flow	-523.23	-463.89	-382.01	217.08	-224.58	242.99

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-19.07	-8.32	4.04	21.75	21.17	5.95
Net Cash Flow	-82.13	-67.79	482.06	42.79	-112.43	399.28

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	506.44	438.6	445.26	248.46	102.99	161.31
Free Cash Flow Growth	32.54%	-1.50%	79.20%	141.26%	-36.16%	-
Free Cash Flow Margin	8.55%	8.15%	10.32%	8.14%	5.10%	10.01%
Free Cash Flow Per Share	3.78	3.25	3.37	2.04	1.08	1.86
Levered Free Cash Flow	329.3	398.27	412.74	295.89	122.82	149.19
Unlevered Free Cash Flow	378.24	449.99	462.2	339.42	164	194.95
Free Cash Flow After Leases	71.88	68.38	160.05	30.33	-64.58	14.26

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	75.86	80.61	77.41	68.6	65.01	63.22
Cash Income Tax Paid	97.84	125.42	77.47	43.55	35.23	6.37
Change in Working Capital	-22.17	-22.17	93.93	87	46.47	131.83

Data Source: S&P Global Market Intelligence Last updated: Aug 26, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 11, 2026

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