China Strategic Technology Group Limited (HKG:1725)
Hong Kong · Delayed Price · Currency is HKD 0.2360
-0.0080 (-3.28%)
Oct 2, 2026, 3:58 PM HKT
HKG:1725 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 | -151.27 | -325.26 | -198.01 | -211.14 | -154.29 | -53.08 |
Depreciation & Amortization | 59.7 | 86.19 | 74.69 | 62.53 | 45.68 | 16.32 |
Other Amortization | 0.6 | 0.6 | 0.89 | 0.93 | 0.44 | 0.5 |
Loss (Gain) From Sale of Assets | -3.08 | -3.08 | 12.4 | -4.44 | 0.48 | 0.12 |
Asset Writedown & Restructuring Costs | 262.95 | 262.95 | 87.93 | 25.42 | - | - |
Loss (Gain) From Sale of Investments | -0.03 | -0.03 | 0.92 | 6.52 | 2.42 | 0.13 |
Stock-Based Compensation | - | - | - | 13.97 | - | - |
Provision & Write-off of Bad Debts | 16.61 | 16.61 | -0.9 | - | - | - |
Other Operating Activities | -382.23 | -64.96 | -52.44 | -14.04 | 21.45 | -0.65 |
Change in Accounts Receivable | -24.7 | -24.7 | 40.81 | -31.53 | -2.02 | -74.79 |
Change in Inventory | 5.86 | 5.86 | 29.07 | 32.47 | 17.87 | -79.57 |
Change in Accounts Payable | 3.9 | 3.9 | -7.15 | -25.06 | -40.94 | -20.18 |
Change in Unearned Revenue | -2.48 | -2.48 | 4.49 | 0.47 | 6.42 | 23.13 |
Change in Other Net Operating Assets | 17.92 | 17.92 | -37.79 | 14.08 | 9.48 | 11.22 |
Operating Cash Flow | -196.26 | -26.49 | -26.2 | -132.87 | -93.03 | -176.85 |
Operating Cash Flow Growth | - | - | - | - | - | - |
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 | -22.14 | -14.72 | -7.16 | -187.32 | -194.56 | -257.31 |
Sale of Property, Plant & Equipment | 21.28 | 4.46 | 0.91 | 2.73 | 0.15 | 0.15 |
Divestitures | 19.6 | 18.25 | 32.36 | 67.17 | - | - |
Sale (Purchase) of Intangibles | -16.16 | -0.03 | - | -0.36 | -2.65 | -15.15 |
Investment in Securities | 0.03 | -2.14 | - | - | -1.9 | - |
Other Investing Activities | - | - | -0.04 | -2.64 | 4.97 | -1.3 |
Investing Cash Flow | 2.6 | 5.82 | 26.07 | -120.41 | -194.01 | -273.61 |
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 | - | 47.52 | 100.03 | 303.32 | 178.81 | 0 |
Long-Term Debt Issued | - | 81.38 | 80.82 | 103.73 | 219.5 | 199.43 |
Total Debt Issued | 266.81 | 128.9 | 180.85 | 407.06 | 398.31 | 199.43 |
Short-Term Debt Repaid | - | -81.9 | -234.41 | -183.62 | -44.71 | -0.25 |
Long-Term Debt Repaid | - | -76.92 | -150.82 | -106.48 | -104.6 | -31.56 |
Lease Payments | -1.75 | -1.34 | -4.65 | -29.96 | -9.36 | -9.65 |
Total Debt Repaid | -245.51 | -158.82 | -385.24 | -290.1 | -149.31 | -31.81 |
Net Debt Issued (Repaid) | 21.3 | -29.92 | -204.39 | 116.96 | 249 | 167.62 |
Issuance of Common Stock | 165.03 | 59.68 | 195.28 | 20.54 | - | 194.6 |
Other Financing Activities | 18.66 | -6.47 | -37.96 | 142.49 | -16.2 | -0 |
Financing Cash Flow | 204.99 | 23.29 | -47.07 | 279.99 | 232.8 | 362.21 |
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 | -1.56 | 2.35 | 6.09 | 2.05 | 4.68 | 0.77 |
Miscellaneous Cash Flow Adjustments | -6.22 | - | -0.39 | - | -0.41 | - |
Net Cash Flow | 3.54 | 4.97 | -41.51 | 28.75 | -49.96 | -87.47 |
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 | -218.4 | -41.21 | -33.37 | -320.19 | -287.59 | -434.16 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -30.60% | -6.41% | -10.56% | -68.26% | -45.26% | -66.77% |
Free Cash Flow Per Share | -0.34 | -0.08 | -0.09 | -1.03 | -0.93 | -1.44 |
Levered Free Cash Flow | -267.73 | 24.82 | -23.28 | -190.32 | -280.8 | -421.66 |
Unlevered Free Cash Flow | -256.71 | 37.2 | -12.34 | -179.3 | -272.86 | -420.91 |
Free Cash Flow After Leases | -220.15 | -42.55 | -38.02 | -350.15 | -296.95 | -443.81 |
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 | 2.91 | 6.47 | 14.92 | 14.17 | 16.15 | 4.18 |
Cash Income Tax Paid | 0.22 | -0.02 | -0.26 | -0.39 | 0.73 | 1.26 |
Change in Working Capital | 0.5 | 0.5 | 29.43 | -9.57 | -9.19 | -140.19 |