China Shengmu Organic Milk Limited (HKG:1432)
Hong Kong · Delayed Price · Currency is HKD 0.3000
-0.0150 (-4.76%)
Oct 6, 2026, 3:59 PM HKT
HKG:1432 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 | -261.07 | -373.4 | -65.5 | 86.08 | 416.46 | 471.71 |
Depreciation & Amortization | 143.31 | 142.45 | 139.38 | 125.64 | 111.26 | 107.28 |
Other Amortization | 319.45 | 319.45 | 1.75 | 1.51 | 1.23 | 0.82 |
Loss (Gain) From Sale of Assets | 1.53 | 1.94 | 3.88 | 5.14 | 3.2 | 2.54 |
Asset Writedown & Restructuring Costs | 643.7 | 775.67 | 807.3 | 706.43 | 301.15 | 253.15 |
Loss (Gain) From Sale of Investments | 0.2 | - | - | - | -25.74 | 7.21 |
Loss (Gain) on Equity Investments | 2.82 | 3.47 | -2.32 | 10.17 | 20.37 | 25.7 |
Stock-Based Compensation | -4.74 | 3.67 | 34.2 | 32.48 | 19.69 | - |
Provision & Write-off of Bad Debts | -0.5 | -0.5 | 0.15 | -1.65 | -0.23 | 7.33 |
Other Operating Activities | -27.65 | -38.51 | 49.38 | 41.2 | 128.34 | 163.19 |
Change in Accounts Receivable | 1.26 | 9.6 | 15.63 | -26.47 | -28.72 | -118.85 |
Change in Inventory | 93.15 | -57.31 | 129.43 | -129.7 | -106.94 | -53.03 |
Change in Accounts Payable | -373.49 | 73.68 | -41.25 | 180.5 | 224.22 | -444.65 |
Change in Unearned Revenue | 8.04 | 16.46 | - | - | - | - |
Change in Other Net Operating Assets | 40.29 | 97.31 | -155.82 | -91.03 | 58.78 | 603.87 |
Operating Cash Flow | 586.27 | 973.98 | 916.23 | 940.28 | 1,123 | 1,026 |
Operating Cash Flow Growth | -51.92% | 6.30% | -2.56% | -16.28% | 9.43% | -5.88% |
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 | -1,160 | -1,246 | -1,395 | -1,310 | -997.07 | -801.99 |
Sale of Property, Plant & Equipment | 530.39 | 452.93 | 351.79 | 366.31 | 308.59 | 344.45 |
Cash Acquisitions | - | - | - | -5 | - | - |
Divestitures | - | - | 15 | - | 1.45 | -521 |
Sale (Purchase) of Intangibles | -0.01 | -0.01 | -0.4 | -0.87 | -2.8 | -2.17 |
Investment in Securities | 380.22 | 225.79 | 56.95 | -211 | -419.99 | -6.91 |
Other Investing Activities | 12.86 | 6.63 | 5.03 | 7.26 | 46.27 | -78.84 |
Investing Cash Flow | -356.56 | -660.63 | -966.85 | -1,154 | -1,064 | -1,066 |
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 |
Short-Term Debt Issued | - | - | - | - | 100 | - |
Long-Term Debt Issued | - | 3,009 | 2,958 | 2,113 | 2,643 | 2,287 |
Total Debt Issued | 3,333 | 3,009 | 2,958 | 2,113 | 2,743 | 2,287 |
Short-Term Debt Repaid | - | - | - | -100 | - | - |
Long-Term Debt Repaid | - | -3,088 | -2,830 | -1,740 | -2,585 | -1,975 |
Lease Payments | -17.62 | -15.88 | -15.24 | -18.13 | -2.74 | - |
Total Debt Repaid | -3,407 | -3,088 | -2,830 | -1,840 | -2,585 | -1,975 |
Net Debt Issued (Repaid) | -73.48 | -78.97 | 127.8 | 272.86 | 158.35 | 312.9 |
Repurchase of Common Stock | - | - | - | -53.74 | -38.07 | - |
Common Dividends Paid | - | -0.59 | -16.87 | -87.18 | - | - |
Other Financing Activities | -57.35 | -24.28 | -24.87 | -13.51 | -219.09 | -74.57 |
Financing Cash Flow | -130.83 | -103.84 | 86.06 | 118.43 | -98.82 | 238.32 |
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 | -0.99 | -0.38 | -0.33 | 0.35 | -2.36 | 6.07 |
Net Cash Flow | 97.89 | 209.12 | 35.12 | -94.72 | -41.66 | 204.18 |
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 | -573.75 | -272 | -478.99 | -370.2 | 126 | 224.27 |
Free Cash Flow Growth | - | - | - | - | -43.82% | -43.02% |
Free Cash Flow Margin | -18.42% | -9.03% | -15.32% | -10.94% | 3.97% | 7.51% |
Free Cash Flow Per Share | -0.07 | -0.03 | -0.06 | -0.04 | 0.01 | 0.03 |
Levered Free Cash Flow | -666.53 | -376.17 | -730.01 | -512.17 | -187.49 | -207.39 |
Unlevered Free Cash Flow | -638.44 | -353.13 | -700.35 | -478.98 | -151.59 | -162.91 |
Free Cash Flow After Leases | -591.37 | -287.87 | -494.23 | -388.33 | 123.26 | 224.27 |
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 | 46.36 | 39.28 | 52.57 | 52.94 | 63.92 | 74.57 |
Cash Income Tax Paid | - | 2.76 | 0 | 3.07 | 0.62 | 0.24 |
Change in Working Capital | -230.76 | 139.74 | -52.01 | -66.7 | 147.34 | -12.66 |