Greentown China Holdings Limited (HKG:3900)
Hong Kong · Delayed Price · Currency is HKD 6.50
-0.20 (-2.99%)
Sep 30, 2026, 4:08 PM HKT
Greentown China Holdings 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 | -57.2 | 70.99 | 1,596 | 3,118 | 2,756 | 4,469 |
Depreciation & Amortization | 649.06 | 666.87 | 736.08 | 779.66 | 678.5 | 588.57 |
Other Amortization | - | - | - | - | 84.4 | 28.84 |
Loss (Gain) From Sale of Assets | -7.07 | -7.07 | 31.56 | -7.35 | -5.01 | -174.92 |
Asset Writedown & Restructuring Costs | 2,840 | 2,840 | 4,224 | 1,743 | 1,611 | 530.15 |
Loss (Gain) From Sale of Investments | 10.73 | 10.73 | -321.95 | -60.39 | 60.63 | 41.01 |
Loss (Gain) on Equity Investments | 1,134 | 1,134 | 632.99 | -2,165 | -1,684 | -1,483 |
Stock-Based Compensation | 83.5 | 83.5 | 128.79 | 157.23 | 185.33 | 157.13 |
Provision & Write-off of Bad Debts | 2,035 | 2,035 | 1,025 | 230.05 | - | - |
Other Operating Activities | -1,746 | 681.18 | 376.01 | 1,212 | 7,019 | 68.76 |
Change in Accounts Receivable | 3,625 | 3,625 | -1,960 | 2,261 | 1,503 | -2,550 |
Change in Inventory | 62,427 | 39,648 | 45,118 | 17,828 | 7,597 | -55,872 |
Change in Accounts Payable | -9,200 | -6,719 | -2,034 | -6,591 | -609.95 | 17,708 |
Change in Unearned Revenue | -35,785 | -35,536 | -18,953 | 4,696 | -4,232 | 40,251 |
Change in Other Net Operating Assets | -2,914 | -2,914 | -1,769 | -226.98 | -370.18 | 2,098 |
Operating Cash Flow | 23,096 | 5,619 | 28,831 | 22,974 | 14,593 | 5,861 |
Operating Cash Flow Growth | 468.58% | -80.51% | 25.50% | 57.43% | 148.98% | - |
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 | -444.25 | -346.89 | -356.44 | -359.53 | -393.69 | -504.48 |
Sale of Property, Plant & Equipment | 183.86 | 181.68 | 229.72 | 111.83 | 43.15 | 91.97 |
Cash Acquisitions | -533.38 | -400.31 | 783.8 | 630.66 | -174.56 | -284.51 |
Divestitures | -232.28 | -175 | 545.48 | 341.02 | -825.74 | -167.49 |
Sale (Purchase) of Real Estate | -669 | -526.35 | -419.64 | -936.16 | -1,701 | -653.35 |
Investment in Securities | -1,178 | -3,958 | 464.55 | -1,955 | -7,093 | -13,576 |
Other Investing Activities | -14,414 | -13,687 | -15,665 | -16,940 | -10,727 | -15,627 |
Investing Cash Flow | -17,286 | -18,911 | -14,418 | -19,106 | -20,872 | -30,721 |
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 | - | 9,528 | 8,279 | 6,182 | 18,240 | 19,238 |
Long-Term Debt Issued | - | 79,149 | 70,692 | 67,389 | 80,106 | 71,232 |
Total Debt Issued | 62,828 | 88,677 | 78,970 | 73,570 | 98,345 | 90,470 |
Short-Term Debt Repaid | - | -5,920 | -4,529 | -7,535 | -13,588 | -2,036 |
Long-Term Debt Repaid | - | -85,138 | -82,895 | -68,575 | -70,320 | -61,274 |
Lease Payments | -97.71 | -98.58 | -114.07 | -139.22 | -125.61 | -165.21 |
Total Debt Repaid | -75,469 | -91,059 | -87,424 | -76,111 | -83,908 | -63,311 |
Net Debt Issued (Repaid) | -12,641 | -2,382 | -8,454 | -2,540 | 14,437 | 27,159 |
Issuance of Common Stock | - | 40.98 | 17.43 | - | 261.3 | 46.69 |
Repurchase of Common Stock | -66.29 | -59.84 | -28.01 | - | - | - |
Common Dividends Paid | -761.88 | -761.88 | -1,089 | -1,266 | -1,155 | -873.01 |
Other Financing Activities | 3,784 | 6,841 | -5,613 | 3,383 | -9,367 | 7,489 |
Financing Cash Flow | -9,685 | 3,678 | -15,167 | -423.14 | 4,177 | 33,822 |
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 | -134.38 | -87.84 | -143.05 | 1.86 | 38.99 | -133.83 |
Net Cash Flow | -4,010 | -9,701 | -896.63 | 3,446 | -2,063 | 8,828 |
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 | 22,652 | 5,273 | 28,474 | 22,614 | 14,199 | 5,357 |
Free Cash Flow Growth | 515.37% | -81.48% | 25.91% | 59.26% | 165.08% | - |
Free Cash Flow Margin | 16.06% | 3.40% | 17.96% | 17.21% | 11.17% | 5.34% |
Free Cash Flow Per Share | 8.92 | 2.08 | 11.24 | 8.93 | 5.60 | 2.14 |
Levered Free Cash Flow | 24,827 | 15,182 | 17,527 | -1,475 | -4,068 | 6,307 |
Unlevered Free Cash Flow | 26,217 | 16,573 | 19,139 | 347.63 | -2,362 | 7,744 |
Free Cash Flow After Leases | 22,555 | 5,174 | 28,360 | 22,475 | 14,074 | 5,191 |
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 | 5,236 | 5,702 | 7,203 | 8,128 | 8,085 | 7,890 |
Cash Income Tax Paid | 5,780 | 5,775 | 6,504 | 6,959 | 6,250 | 8,915 |
Change in Working Capital | 18,154 | -1,896 | 20,401 | 17,967 | 3,888 | 1,635 |