China Sunshine Paper Holdings Company Limited (HKG:2002)
Hong Kong · Delayed Price · Currency is HKD 1.500
-0.100 (-6.25%)
Oct 2, 2026, 4:08 PM HKT
HKG:2002 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 | 134.36 | 159.9 | 279.87 | 393.31 | 205.73 | 556.62 |
Depreciation & Amortization | 453.89 | 446.07 | 442.01 | 401.76 | 382.64 | 341.99 |
Other Amortization | 24.49 | 24.49 | 17.3 | 17.3 | 8.06 | 5.53 |
Loss (Gain) From Sale of Assets | 4.39 | 4.39 | 5.3 | 12.77 | 12.32 | 34.8 |
Asset Writedown & Restructuring Costs | 1.55 | 1.55 | 2.34 | 12.29 | -0.36 | 36.86 |
Loss (Gain) From Sale of Investments | 71.84 | 71.84 | -1.77 | 11 | 4.68 | - |
Loss (Gain) on Equity Investments | 12.02 | 12.02 | 18.97 | -10.91 | 99.07 | 8.67 |
Provision & Write-off of Bad Debts | 9.43 | 9.43 | 2.7 | 2.82 | 13.44 | 10.34 |
Other Operating Activities | -85.81 | -3.86 | 97.81 | 178.15 | 115.4 | 66.2 |
Change in Accounts Receivable | -25.88 | -25.88 | -70.09 | 63.07 | -116.18 | -21.69 |
Change in Inventory | -64.96 | -64.96 | 162.38 | 232.12 | 187.67 | -449.7 |
Change in Accounts Payable | -139.47 | -139.47 | -87.21 | -97.89 | 76.7 | 216.74 |
Change in Unearned Revenue | 9.28 | 9.28 | -3.31 | -12.62 | -53.89 | 0.2 |
Change in Other Net Operating Assets | 42.3 | 42.3 | -185.75 | 202.43 | -388.87 | 260.47 |
Operating Cash Flow | 447.42 | 547.09 | 680.54 | 1,406 | 546.4 | 1,067 |
Operating Cash Flow Growth | -28.23% | -19.61% | -51.58% | 157.25% | -48.79% | 13.91% |
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 | -757.25 | -714.45 | -500.22 | -512.18 | -658.19 | -954.68 |
Sale of Property, Plant & Equipment | 90.04 | 18.97 | 14 | 25.82 | 10.16 | 22.19 |
Cash Acquisitions | -58.16 | -60.91 | - | - | - | -18.69 |
Investment in Securities | - | 39.48 | 20.29 | 51.52 | -77.71 | -94.58 |
Other Investing Activities | -343.06 | -140.28 | -78.53 | 476.85 | -246.9 | -283.04 |
Investing Cash Flow | -1,425 | -1,029 | -884.63 | -118.01 | -1,133 | -1,387 |
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 | - | 170.37 | 230.74 | - | 365.63 | 129.6 |
Long-Term Debt Issued | - | 3,786 | 2,942 | 3,053 | 3,889 | 3,329 |
Total Debt Issued | 4,216 | 3,956 | 3,173 | 3,053 | 4,255 | 3,458 |
Short-Term Debt Repaid | - | -14.82 | -0.02 | -451.07 | -0.03 | -4.43 |
Long-Term Debt Repaid | - | -3,230 | -3,259 | -3,048 | -3,410 | -2,927 |
Lease Payments | -5.86 | -3.8 | -13.78 | -27.83 | -3.32 | -1.06 |
Total Debt Repaid | -3,079 | -3,245 | -3,259 | -3,499 | -3,410 | -2,932 |
Net Debt Issued (Repaid) | 1,136 | 711.5 | -86.08 | -446.55 | 845.16 | 526.6 |
Issuance of Common Stock | - | - | - | 365.31 | - | 107.47 |
Repurchase of Common Stock | -130.53 | -130.53 | - | -278.02 | -3.07 | - |
Common Dividends Paid | -49.32 | -49.32 | - | - | -111.74 | - |
Other Financing Activities | -90.79 | -127.02 | -142.61 | -200.56 | -122.8 | -98.01 |
Financing Cash Flow | 865.56 | 404.64 | -228.69 | -559.81 | 607.55 | 536.07 |
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 | -6.27 | -0.18 | -3.77 | -7.04 | 0.31 | - |
Net Cash Flow | -118.49 | -77.32 | -436.54 | 720.74 | 21.61 | 216.3 |
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 | -309.82 | -167.36 | 180.32 | 893.41 | -111.79 | 112.36 |
Free Cash Flow Growth | - | - | -79.82% | - | - | -60.79% |
Free Cash Flow Margin | -3.64% | -2.15% | 2.24% | 10.69% | -1.17% | 1.41% |
Free Cash Flow Per Share | -0.30 | -0.16 | 0.17 | 0.90 | -0.11 | 0.13 |
Levered Free Cash Flow | -1,045 | -655.01 | -548.5 | 741.78 | -950.63 | -512.09 |
Unlevered Free Cash Flow | -976.1 | -586.26 | -453.87 | 851.52 | -844.79 | -418.82 |
Free Cash Flow After Leases | -315.68 | -171.16 | 166.54 | 865.58 | -115.11 | 111.3 |
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 | 143.77 | 141.66 | 173.61 | 200.48 | 203.02 | 193.61 |
Cash Income Tax Paid | 124.2 | 113.94 | 148.14 | 98.16 | 155.38 | 228.95 |
Change in Working Capital | -178.74 | -178.74 | -183.98 | 387.11 | -294.57 | 6.03 |