Texhong International Group Limited (HKG:2678)
Hong Kong · Delayed Price · Currency is HKD 5.31
-0.18 (-3.28%)
Oct 2, 2026, 4:08 PM HKT
HKG:2678 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 | 1,307 | 913.01 | 559.97 | -375.7 | 156.81 | 2,685 |
Depreciation & Amortization | 961.81 | 961.1 | 1,016 | 1,154 | 1,029 | 1,038 |
Other Amortization | - | - | - | - | 17.22 | 34.62 |
Loss (Gain) From Sale of Assets | -77.85 | -77.85 | -11.14 | -599.99 | 3.78 | -35.1 |
Asset Writedown & Restructuring Costs | 154.46 | 154.46 | 21.5 | 3.98 | - | 57.2 |
Loss (Gain) From Sale of Investments | -1.87 | -1.87 | -2.15 | -3.45 | - | - |
Loss (Gain) on Equity Investments | -4.28 | -4.28 | 23.37 | 2.41 | -36.16 | -39.62 |
Provision & Write-off of Bad Debts | 21.86 | 21.86 | 68.04 | 20.7 | 22.4 | -3.75 |
Other Operating Activities | 22.98 | 533.03 | 198.3 | 166.28 | 408.21 | 530.08 |
Change in Accounts Receivable | 61.26 | 61.26 | 99.5 | -256.28 | 334.27 | -280.82 |
Change in Inventory | -322.85 | -322.85 | 912.22 | 2,480 | -1,039 | -3,574 |
Change in Accounts Payable | 1,779 | 1,779 | 1,929 | -1,021 | 612.56 | 1,842 |
Change in Unearned Revenue | 158.17 | 158.17 | -249.09 | 151.7 | 297.82 | 393.53 |
Change in Other Net Operating Assets | 129.34 | 129.34 | -85.18 | 262.77 | -186.55 | -206.03 |
Operating Cash Flow | 4,189 | 4,304 | 4,480 | 1,986 | 1,620 | 2,442 |
Operating Cash Flow Growth | -15.04% | -3.93% | 125.64% | 22.56% | -33.65% | -26.03% |
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 | -1,597 | -1,227 | -852.19 | -770.99 | -1,833 | -2,340 |
Sale of Property, Plant & Equipment | 127.9 | 195.11 | 560.55 | 509.85 | 235.84 | 57.81 |
Cash Acquisitions | - | - | - | - | - | 7.85 |
Divestitures | - | - | 676.09 | 170.01 | 186.76 | 108.73 |
Sale (Purchase) of Intangibles | - | - | 14.56 | -77.19 | -244.59 | -63.74 |
Sale (Purchase) of Real Estate | - | - | 5.04 | - | -9.15 | - |
Investment in Securities | 10.19 | 17.4 | -22 | - | - | - |
Other Investing Activities | -41.85 | 92.42 | 153.26 | 197.84 | -61.64 | -133.3 |
Investing Cash Flow | -1,501 | -921.75 | 535.31 | 29.53 | -1,726 | -2,363 |
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 | - | 56.31 | 203 | 172.62 | 10 | - |
Long-Term Debt Issued | - | 7,279 | 7,095 | 12,610 | 8,699 | 6,494 |
Total Debt Issued | 5,952 | 7,335 | 7,298 | 12,783 | 8,709 | 6,494 |
Short-Term Debt Repaid | - | -2,111 | -2,496 | -889.68 | -30.73 | - |
Long-Term Debt Repaid | - | -8,257 | -8,493 | -13,587 | -7,624 | -6,139 |
Lease Payments | -34.39 | -29.68 | -41.31 | -78.04 | -60.09 | -56.46 |
Total Debt Repaid | -7,903 | -10,368 | -10,989 | -14,476 | -7,654 | -6,139 |
Net Debt Issued (Repaid) | -1,952 | -3,034 | -3,691 | -1,693 | 1,055 | 354.31 |
Issuance of Common Stock | - | - | - | - | - | 19.25 |
Repurchase of Common Stock | -4.66 | -3.95 | - | - | - | - |
Common Dividends Paid | -83.67 | -83.67 | -83.47 | - | -766.44 | -527.58 |
Other Financing Activities | -538.02 | -618.51 | -545.72 | -644.22 | -319 | -103.01 |
Financing Cash Flow | -2,578 | -3,740 | -4,320 | -2,338 | -30.66 | -257.04 |
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 | -78.96 | -35.47 | 23.26 | 15.8 | 99.54 | - |
Net Cash Flow | 30.6 | -392.61 | 718.49 | -306.63 | -36.99 | -178.21 |
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 | 2,591 | 3,078 | 3,628 | 1,215 | -213.08 | 101.47 |
Free Cash Flow Growth | -35.96% | -15.17% | 198.70% | - | - | -96.16% |
Free Cash Flow Margin | 11.06% | 13.55% | 15.75% | 5.34% | -0.90% | 0.38% |
Free Cash Flow Per Share | 2.83 | 3.35 | 3.95 | 1.32 | -0.23 | 0.11 |
Levered Free Cash Flow | 407.55 | 593.87 | 2,466 | -2,484 | -801.65 | -988.45 |
Unlevered Free Cash Flow | 593.38 | 805.92 | 2,744 | -2,148 | -566.98 | -859.13 |
Free Cash Flow After Leases | 2,557 | 3,048 | 3,587 | 1,137 | -273.18 | 45.02 |
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 | 287.61 | 329.28 | 444.66 | 522.42 | 294.27 | 210.34 |
Cash Income Tax Paid | 130.17 | 113.44 | 266.26 | 225.67 | 353.05 | 445.49 |
Change in Working Capital | 1,805 | 1,805 | 2,606 | 1,618 | 18.83 | -1,825 |