Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898)
Hong Kong · Delayed Price · Currency is HKD 33.66
+0.36 (1.08%)
Jul 31, 2026, 4:08 PM HKT
HKG:3898 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 | Mar '26 Mar 31, 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 | 4,109 | 4,097 | 3,703 | 3,041 | 2,556 | 2,018 |
Depreciation & Amortization | 1,509 | 1,509 | 1,191 | 974.39 | 787.09 | 572.55 |
Other Amortization | 44.59 | 44.59 | 44.05 | 37.32 | 28.81 | 29.98 |
Loss (Gain) From Sale of Assets | 1.08 | 1.08 | -22.95 | -2.78 | -4.08 | 2.07 |
Asset Writedown & Restructuring Costs | 109.06 | 109.06 | 27.7 | 29.36 | - | 49.88 |
Loss (Gain) From Sale of Investments | 8.28 | 8.28 | -80.87 | -161.69 | -142.53 | -113.84 |
Provision & Write-off of Bad Debts | 326.5 | 326.5 | 343.03 | 259.44 | 62.59 | -99.99 |
Other Operating Activities | -951.3 | 25.05 | 116.49 | -32.57 | -120.64 | 128.13 |
Change in Accounts Receivable | -11,422 | -11,422 | -8,715 | -3,798 | -2,893 | -783.12 |
Change in Inventory | -1,683 | -1,683 | -1,545 | 357 | -788.71 | -755.29 |
Change in Accounts Payable | 11,121 | 11,121 | 9,027 | 2,559 | 2,514 | 1,220 |
Change in Other Net Operating Assets | -146.2 | -146.2 | -635.93 | -345.9 | 10.81 | 6.54 |
Operating Cash Flow | 3,000 | 3,965 | 3,361 | 2,768 | 2,041 | 2,150 |
Operating Cash Flow Growth | -23.54% | 17.96% | 21.45% | 35.58% | -5.07% | 23.06% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | -4,092 | -4,010 | -3,451 | -2,983 | -953.44 | -974 |
Sale of Property, Plant & Equipment | 0.76 | 1.25 | 31.38 | 7.66 | 22.41 | 2.74 |
Cash Acquisitions | - | - | - | 12.34 | - | - |
Investment in Securities | 1,580 | -2,860 | -16.65 | 484.92 | 21,450 | -5,157 |
Other Investing Activities | 348.28 | 348.28 | 236.2 | 199 | -22,782 | 114.99 |
Investing Cash Flow | -2,163 | -6,520 | -3,200 | -2,279 | -2,263 | -6,014 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | - | 1,237 | - | - | - | - |
Long-Term Debt Issued | - | 0.41 | 319 | 838.09 | 267.86 | 265.14 |
Total Debt Issued | 1,269 | 1,238 | 319 | 838.09 | 267.86 | 265.14 |
Long-Term Debt Repaid | - | -163.91 | -1,471 | -618.66 | -260.93 | -315.68 |
Net Debt Issued (Repaid) | 1,107 | 1,074 | -1,152 | 219.43 | 6.92 | -50.55 |
Issuance of Common Stock | - | - | - | - | - | 7,443 |
Repurchase of Common Stock | - | - | -1,744 | - | - | - |
Common Dividends Paid | -1,974 | -1,978 | -1,127 | -809.34 | -646.92 | -660 |
Other Financing Activities | -1,386 | 200.87 | 4,479 | 18.83 | 48.61 | 242.26 |
Financing Cash Flow | -2,253 | -702.82 | 456.25 | -571.07 | -591.38 | 6,975 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | 13.58 | 10.53 | 6.27 | 18.51 | 4.95 | -12.27 |
Net Cash Flow | -1,402 | -3,248 | 624.03 | -63.7 | -808.19 | 3,099 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | -1,092 | -45.05 | -89.41 | -215.07 | 1,088 | 1,176 |
Free Cash Flow Growth | - | - | - | - | -7.52% | - |
Free Cash Flow Margin | -3.73% | -0.16% | -0.36% | -0.98% | 6.03% | 7.78% |
Free Cash Flow Per Share | -0.80 | -0.03 | -0.06 | -0.15 | 0.77 | 0.95 |
Levered Free Cash Flow | 690.63 | 1,724 | 776.2 | -592.57 | 618.05 | 841.55 |
Unlevered Free Cash Flow | 704.83 | 1,740 | 800.81 | -562.97 | 631.15 | 854.72 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | 17.45 | 17.45 | - | - | - | - |
Cash Income Tax Paid | 1,379 | 1,370 | 1,433 | 1,213 | 360.16 | 1,066 |
Change in Working Capital | -2,156 | -2,156 | -1,960 | -1,377 | -1,126 | -436.23 |