Beijing Zhongke WengeAI Science and Technology Co., Ltd. (HKG:1956)
Hong Kong · Delayed Price · Currency is HKD 67.25
-2.15 (-3.10%)
Oct 8, 2026, 10:02 AM HKT
HKG:1956 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 |
|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Net Income | -140.38 | -174.31 | -156.85 | -259.02 |
Depreciation & Amortization | 25.65 | 28.08 | 28.75 | 29.53 |
Other Amortization | 2.5 | 2.15 | 1.24 | 1.16 |
Loss (Gain) From Sale of Assets | -0.43 | -0.44 | 0.11 | 0.2 |
Loss (Gain) From Sale of Investments | -31.04 | 6.92 | 7.78 | 1.49 |
Stock-Based Compensation | 31.32 | 44.51 | 41.87 | 74.27 |
Other Operating Activities | 5.01 | 14.35 | 9.53 | -3.56 |
Change in Accounts Receivable | -13.99 | -85.14 | -55.42 | -54.73 |
Change in Inventory | -19.16 | -3.88 | 9.36 | -13.88 |
Change in Accounts Payable | 0.71 | 16.49 | 8.17 | 19.89 |
Change in Unearned Revenue | 24.13 | -19.71 | -18.66 | 14.88 |
Change in Other Net Operating Assets | -18.23 | -17.02 | -10.75 | 6.95 |
Operating Cash Flow | -133.91 | -188 | -134.87 | -182.83 |
Operating Cash Flow Growth | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Capital Expenditures | -6.7 | -3.44 | -7.36 | -28.35 |
Sale of Property, Plant & Equipment | 0 | - | 0.07 | 0.03 |
Cash Acquisitions | - | -27.07 | - | - |
Divestitures | -2.99 | -2.99 | - | - |
Sale (Purchase) of Intangibles | - | - | -3.23 | -0.28 |
Investment in Securities | 189.53 | 35.23 | -70.97 | 678 |
Other Investing Activities | 1.91 | -15.34 | 6.09 | 16.33 |
Investing Cash Flow | 181.75 | -13.61 | -75.4 | 665.74 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Short-Term Debt Issued | - | - | - | 3.64 |
Long-Term Debt Issued | - | 64.23 | - | - |
Total Debt Issued | 85.63 | 64.23 | - | 3.64 |
Short-Term Debt Repaid | - | - | -3.64 | - |
Long-Term Debt Repaid | - | -27.18 | -14.74 | -19.79 |
Lease Payments | -13 | -14.75 | -14.74 | -19.79 |
Total Debt Repaid | -43.64 | -27.18 | -18.38 | -19.79 |
Net Debt Issued (Repaid) | 41.99 | 37.05 | -18.38 | -16.15 |
Issuance of Common Stock | 750.13 | 47 | 150 | 8.03 |
Other Financing Activities | -1.83 | -2.78 | -0.66 | - |
Financing Cash Flow | 790.3 | 81.27 | 130.96 | -8.12 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Foreign Exchange Rate Adjustments | -1.12 | -0.07 | -0.07 | 0.01 |
Net Cash Flow | 837.02 | -120.41 | -79.38 | 474.79 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Free Cash Flow | -140.6 | -191.43 | -142.23 | -211.18 |
Free Cash Flow Growth | - | - | - | - |
Free Cash Flow Margin | -30.58% | -47.23% | -44.76% | -84.58% |
Free Cash Flow Per Share | -0.89 | -1.22 | -0.94 | -1.41 |
Levered Free Cash Flow | - | -156.76 | -100.47 | - |
Unlevered Free Cash Flow | - | -155.07 | -99.89 | - |
Free Cash Flow After Leases | -153.61 | -206.18 | -156.97 | -230.97 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Cash Interest Paid | 1 | 0.43 | - | - |
Change in Working Capital | -26.53 | -109.26 | -67.3 | -26.9 |