Baiwang Co., Ltd. (HKG:6657)
Hong Kong · Delayed Price · Currency is HKD 11.99
+0.99 (9.00%)
Oct 23, 2026, 4:08 PM HKT
Baiwang 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 | -56.92 | -9.63 | -501.21 | -357.98 | -153.5 | -446.94 |
Depreciation & Amortization | 13.29 | 14.63 | 18.81 | 17.78 | 16.74 | 16.46 |
Other Amortization | 2.42 | 1.25 | 0.75 | 0.7 | 0.2 | 0.24 |
Loss (Gain) From Sale of Assets | 0.04 | -0 | 0.39 | 0.03 | 0.03 | 0.01 |
Loss (Gain) From Sale of Investments | -26.71 | -14.71 | 298.37 | 55.76 | 53.49 | 263.91 |
Loss (Gain) on Equity Investments | 0.5 | 0.31 | 5.32 | 4.03 | -1.07 | -4.96 |
Stock-Based Compensation | 9.74 | 6.57 | 53.98 | 191.06 | 10.47 | 161.42 |
Provision & Write-off of Bad Debts | 8.62 | 4.93 | 8.24 | 5.82 | 1.22 | 1.75 |
Other Operating Activities | 4.73 | 0.4 | -3 | -3.81 | -4.85 | -7.26 |
Change in Accounts Receivable | -6.6 | -93.3 | 9.73 | -11.29 | -13.77 | -25.87 |
Change in Inventory | -0.31 | 0.08 | 1.29 | 7.31 | -1.99 | 4.52 |
Change in Accounts Payable | -61.61 | -47.07 | -44.73 | 41.17 | 3.75 | 33.34 |
Change in Unearned Revenue | -13.03 | -25.74 | -8.02 | -42.73 | 34.85 | 25.81 |
Change in Other Net Operating Assets | 0.94 | -0.3 | 7.95 | -7.18 | -9.83 | -36.43 |
Operating Cash Flow | -124.95 | -162.57 | -152.14 | -99.33 | -64.28 | -13.99 |
Operating Cash Flow Growth | - | - | - | - | - | - |
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 | -3.18 | -1.14 | -3.16 | -5.04 | -4.14 | -2.12 |
Sale of Property, Plant & Equipment | 0 | 0 | - | - | - | - |
Cash Acquisitions | - | - | - | - | - | 0.12 |
Sale (Purchase) of Intangibles | -14.29 | -9.53 | -4.56 | -1.06 | -0.34 | -2.72 |
Investment in Securities | 134.84 | 144.77 | 35.82 | 165.81 | -203.55 | -191.05 |
Other Investing Activities | -15.84 | -15.72 | 8.2 | 57.1 | 18.22 | 6 |
Investing Cash Flow | 103.53 | 118.38 | 1.3 | 216.81 | -189.8 | -189.78 |
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 |
Long-Term Debt Repaid | - | -8.81 | -15.43 | -14.52 | -12.01 | -7.17 |
Lease Payments | -9.75 | -8.81 | -15.43 | -14.52 | -12.01 | -7.17 |
Net Debt Issued (Repaid) | -9.75 | -8.81 | -15.43 | -14.52 | -12.01 | -7.17 |
Issuance of Common Stock | - | - | 287.49 | - | - | 443.51 |
Other Financing Activities | - | - | -15.26 | -5.14 | -1.71 | -0.67 |
Financing Cash Flow | -9.75 | -8.81 | 256.8 | -19.66 | -13.72 | 435.67 |
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 | -11.28 | -5.22 | 2.91 | - | - | - |
Net Cash Flow | -42.45 | -58.22 | 108.87 | 97.83 | -267.8 | 231.9 |
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 | -128.12 | -163.71 | -155.31 | -104.37 | -68.42 | -16.11 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -18.88% | -22.47% | -23.56% | -14.64% | -13.01% | -3.55% |
Free Cash Flow Per Share | -0.57 | -0.72 | -0.85 | -0.74 | -0.49 | -0.12 |
Levered Free Cash Flow | -110.45 | -171.08 | -69.12 | 13.22 | -35.41 | 14.15 |
Unlevered Free Cash Flow | -110.19 | -170.75 | -68.89 | 13.85 | -34.44 | 14.3 |
Free Cash Flow After Leases | -137.87 | -172.52 | -170.74 | -118.89 | -80.43 | -23.28 |
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 Income Tax Paid | - | 0.12 | 0.43 | 0.24 | 0.02 | - |
Change in Working Capital | -80.61 | -166.32 | -33.78 | -12.73 | 13 | 1.38 |