Gushengtang Holdings Limited (HKG:2273)
Hong Kong · Delayed Price · Currency is HKD 27.20
-0.26 (-0.95%)
Aug 12, 2026, 4:08 PM HKT
Gushengtang Holdings Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 352.77 | 306.78 | 252.2 | 180.85 | -507.07 |
Depreciation & Amortization | 182.48 | 146.59 | 115.86 | 103.69 | 89.79 |
Other Amortization | 5.27 | 4.39 | 4.29 | 4.2 | 4.06 |
Loss (Gain) From Sale of Assets | 0.33 | 0.33 | 0.27 | 0.29 | - |
Loss (Gain) From Sale of Investments | -3.06 | -3.5 | -4.7 | -1.4 | 4.76 |
Loss (Gain) on Equity Investments | 1.55 | 0.77 | -0.09 | -0.56 | -1.05 |
Stock-Based Compensation | 50.49 | 93.19 | 51.77 | 17.26 | 171.41 |
Provision & Write-off of Bad Debts | 1.37 | 0.98 | 0.11 | 0.68 | 0.35 |
Other Operating Activities | 53.15 | 43.01 | 30.25 | 25.91 | 431.74 |
Change in Accounts Receivable | 32.03 | -81.64 | -76.9 | -7.6 | -8.57 |
Change in Inventory | -7.52 | -24.01 | -44.79 | -23.1 | -18.63 |
Change in Accounts Payable | -31.74 | 11.05 | 84.22 | -12.77 | 21.61 |
Change in Other Net Operating Assets | -24.67 | -45.57 | -2.36 | -6.45 | -0.63 |
Operating Cash Flow | 612.42 | 452.37 | 410.14 | 281 | 187.76 |
Operating Cash Flow Growth | 35.38% | 10.30% | 45.96% | 49.66% | 21.21% |
Investing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | -102.58 | -89.42 | -76.44 | -36.97 | -49.72 |
Sale of Property, Plant & Equipment | 1.95 | - | 0.88 | 0.03 | 1 |
Cash Acquisitions | -100.03 | -117.46 | -173.17 | -109.46 | -133.42 |
Sale (Purchase) of Intangibles | -15.88 | -1.19 | -1.3 | -0.54 | -2.67 |
Investment in Securities | -161.05 | -59.31 | -13.59 | -31.43 | 101.59 |
Other Investing Activities | - | - | - | - | 34.27 |
Investing Cash Flow | -377.58 | -267.37 | -263.61 | -178.36 | -48.95 |
Financing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Long-Term Debt Issued | 228.18 | 101.23 | 29.43 | 1 | 112.47 |
Long-Term Debt Repaid | -145.26 | -115.52 | -160.86 | -88.13 | -567.14 |
Net Debt Issued (Repaid) | 82.92 | -14.29 | -131.43 | -87.13 | -454.68 |
Issuance of Common Stock | - | - | 506.19 | - | 911.02 |
Repurchase of Common Stock | -310.09 | -75.51 | -39.37 | - | - |
Common Dividends Paid | -163.47 | -28.26 | -89.76 | - | - |
Other Financing Activities | -73.82 | -257.13 | -88.13 | -50.95 | -61.52 |
Financing Cash Flow | -464.46 | -375.19 | 157.5 | -138.08 | 638.57 |
Net Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | -4.49 | 5.33 | 2.94 | -0.93 | 3.34 |
Net Cash Flow | -234.11 | -184.86 | 306.97 | -36.37 | 780.71 |
Free Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 509.85 | 362.96 | 333.71 | 244.02 | 138.03 |
Free Cash Flow Growth | 40.47% | 8.77% | 36.75% | 76.78% | 1.26% |
Free Cash Flow Margin | 15.69% | 12.01% | 14.36% | 15.02% | 10.06% |
Free Cash Flow Per Share | 2.10 | 1.45 | 1.37 | 1.02 | 1.19 |
Levered Free Cash Flow | 497.18 | 248.4 | 203.21 | 156.87 | 192.34 |
Unlevered Free Cash Flow | 513.52 | 259.4 | 219.2 | 167.88 | 210.09 |
Additional Metrics
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 26.15 | 17.61 | 25.58 | 17.62 | 28.4 |
Cash Income Tax Paid | 57.3 | 37.98 | 13.96 | 5.21 | 5.2 |
Change in Working Capital | -31.91 | -140.16 | -39.83 | -49.91 | -6.22 |