Shenzhen Pagoda Industrial (Group) Corporation Limited (HKG:2411)
Hong Kong · Delayed Price · Currency is HKD 1.375
-0.030 (-2.14%)
Oct 16, 2026, 3:57 PM HKT
HKG:2411 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 | 58.13 | -317.49 | -386.03 | 361.72 | 323.3 | 230.35 |
Depreciation & Amortization | 136.22 | 131.85 | 115.93 | 118.18 | 119.63 | 110.23 |
Other Amortization | 8.34 | 8.34 | 8.57 | 9.14 | 8.73 | 7.59 |
Loss (Gain) From Sale of Assets | 42.79 | 42.79 | 11.66 | 2.25 | 4.09 | 0.22 |
Asset Writedown & Restructuring Costs | - | - | 52.39 | - | - | - |
Loss (Gain) From Sale of Investments | 53.47 | 53.47 | 22.85 | -4.41 | -22.56 | -5.13 |
Loss (Gain) on Equity Investments | -29.3 | -29.3 | -5.78 | 0.68 | -13.33 | -16.48 |
Stock-Based Compensation | 8.81 | 8.81 | 21.07 | - | - | - |
Other Operating Activities | -116.6 | 13.96 | -2.24 | -7.4 | 13.15 | 18.43 |
Change in Accounts Receivable | 157.18 | 157.18 | 82.52 | 39 | 35.04 | 129.49 |
Change in Inventory | 64.66 | 64.66 | -8.91 | 7.5 | -90.51 | 9.61 |
Change in Accounts Payable | 47.28 | 47.28 | 163.71 | -145.79 | 164.72 | 40.26 |
Change in Unearned Revenue | -1.21 | -1.21 | -20.41 | -0.71 | -3.34 | 0.61 |
Change in Other Net Operating Assets | -330.42 | -330.42 | 109.25 | -428.69 | 50.26 | -241.29 |
Operating Cash Flow | 99.35 | -150.08 | 164.58 | -48.53 | 589.18 | 283.88 |
Operating Cash Flow Growth | - | - | - | - | 107.54% | -3.08% |
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 | -45.36 | -47.1 | -214.92 | -112.57 | -164.98 | -33.89 |
Sale of Property, Plant & Equipment | 5.11 | 5.53 | 9.14 | 1.9 | 0.42 | - |
Cash Acquisitions | - | - | - | 73.61 | - | - |
Sale (Purchase) of Intangibles | -1.73 | -2.5 | -3.09 | -5.14 | -9.48 | -10.07 |
Investment in Securities | 377.84 | 607.27 | -500.23 | 383.55 | 702.39 | -558.09 |
Other Investing Activities | 47.4 | 45.2 | 79.11 | 59.54 | 50.89 | 54.84 |
Investing Cash Flow | 386.12 | 581.61 | -760.2 | 282.56 | 619.85 | -577.9 |
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 | - | - | 128.72 | - | - | - |
Long-Term Debt Issued | - | 2,436 | 3,044 | 2,192 | 1,308 | - |
Total Debt Issued | 3,133 | 2,436 | 3,172 | 2,192 | 1,308 | - |
Short-Term Debt Repaid | - | -128.72 | - | - | - | - |
Long-Term Debt Repaid | - | -2,372 | -2,493 | -1,654 | -1,535 | -45.86 |
Lease Payments | -40.63 | -23.94 | -72.11 | -21.87 | -108.49 | -45.86 |
Total Debt Repaid | -2,322 | -2,501 | -2,493 | -1,654 | -1,535 | -45.86 |
Net Debt Issued (Repaid) | 811.54 | -65.31 | 679.19 | 538.41 | -226.06 | -45.86 |
Issuance of Common Stock | 296.69 | 296.69 | - | 426.78 | - | - |
Repurchase of Common Stock | -31.71 | - | -93.29 | -382.53 | - | - |
Common Dividends Paid | -9.82 | -9.82 | -65.34 | -120.77 | - | - |
Other Financing Activities | -1,397 | -464.77 | -281.48 | -46.99 | -81.72 | 449.91 |
Financing Cash Flow | -329.82 | -243.21 | 239.09 | 414.89 | -307.78 | 404.05 |
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 | 0.82 | -0.23 | - | - | - | - |
Net Cash Flow | 156.47 | 188.1 | -356.53 | 648.92 | 901.24 | 110.03 |
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 | 53.99 | -197.18 | -50.35 | -161.1 | 424.2 | 249.99 |
Free Cash Flow Growth | - | - | - | - | 69.69% | 22.66% |
Free Cash Flow Margin | 0.61% | -2.41% | -0.49% | -1.41% | 3.75% | 2.43% |
Free Cash Flow Per Share | 0.03 | -0.13 | -0.03 | -0.10 | 0.28 | 0.17 |
Levered Free Cash Flow | -1,328 | -834.4 | -76.37 | -315.28 | 345.76 | 256 |
Unlevered Free Cash Flow | -1,268 | -772.54 | -13.9 | -267.9 | 398.1 | 304.87 |
Free Cash Flow After Leases | 13.36 | -221.12 | -122.45 | -182.97 | 315.71 | 204.13 |
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 | 94.67 | 98.98 | 104.74 | 80.5 | 83.74 | 77.75 |
Cash Income Tax Paid | 12.6 | 13.17 | 24.28 | 46.13 | 40.92 | 42.44 |
Change in Working Capital | -62.51 | -62.51 | 326.16 | -528.69 | 156.18 | -61.33 |