Zhejiang Leapmotor Technology Co., Ltd. (HKG:9863)
Hong Kong · Delayed Price · Currency is HKD 38.54
-1.90 (-4.70%)
Aug 6, 2026, 4:08 PM HKT
HKG:9863 Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 538.39 | -2,821 | -4,216 | -5,109 | -2,846 |
Depreciation & Amortization | 1,137 | 635.47 | 573.98 | 394.96 | 207.7 |
Other Amortization | 39.6 | 35.23 | 27.23 | 20.7 | 11.46 |
Loss (Gain) From Sale of Assets | 2.06 | 43.82 | 0.6 | -2.1 | 0.67 |
Loss (Gain) From Sale of Investments | -143.8 | -186.76 | -43.69 | -21.69 | -22.24 |
Loss (Gain) on Equity Investments | -23.68 | -13.34 | -4.09 | -11.71 | -0.2 |
Stock-Based Compensation | 538.89 | 467.21 | 697.79 | 543.38 | 216.96 |
Provision & Write-off of Bad Debts | 26.49 | 4.25 | 0.13 | 1.13 | 0.33 |
Other Operating Activities | 734.13 | 214.11 | 105.23 | 328.28 | 347.02 |
Change in Accounts Receivable | -3,255 | -1,045 | 782.02 | -912.34 | -642.85 |
Change in Inventory | -2,557 | -180.48 | 218.53 | -1,026 | -812.02 |
Change in Accounts Payable | 14,195 | 9,057 | 3,860 | 3,391 | 1,857 |
Change in Unearned Revenue | 201.17 | 233.81 | 64.19 | 113.78 | 35.45 |
Change in Other Net Operating Assets | 71.37 | 3,577 | -984.18 | -110.31 | 627.49 |
Operating Cash Flow | 12,623 | 8,471 | 1,082 | -2,400 | -1,019 |
Operating Cash Flow Growth | 49.02% | 683.19% | - | - | - |
Investing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | -4,746 | -2,100 | -1,306 | -1,371 | -691.07 |
Sale of Property, Plant & Equipment | 31.03 | 35.25 | 60.93 | 26.64 | 7.59 |
Divestitures | - | - | - | - | 100 |
Sale (Purchase) of Intangibles | -53.52 | -50.95 | -88.07 | -47.47 | -834.43 |
Investment in Securities | -6,724 | -11,334 | -3,537 | -26.04 | -1,722 |
Other Investing Activities | 406.38 | 126.35 | 9.75 | 125.83 | 136.47 |
Investing Cash Flow | -11,086 | -13,323 | -4,860 | -1,292 | -3,003 |
Financing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | - | - | - | - | 340 |
Long-Term Debt Issued | 865.94 | 2,078 | 2,026 | 1,254 | 138.26 |
Total Debt Issued | 865.94 | 2,078 | 2,026 | 1,254 | 478.26 |
Short-Term Debt Repaid | - | - | - | - | -1,151 |
Long-Term Debt Repaid | -419.25 | -2,218 | -1,469 | -458.86 | -819.03 |
Total Debt Repaid | -419.25 | -2,218 | -1,469 | -458.86 | -1,970 |
Net Debt Issued (Repaid) | 446.69 | -139.8 | 557.77 | 795.02 | -1,492 |
Issuance of Common Stock | 2,993 | - | 7,778 | 5,688 | 10,422 |
Other Financing Activities | -342.68 | -363.65 | 216.14 | -127.3 | -671.02 |
Financing Cash Flow | 3,097 | -503.45 | 8,552 | 6,355 | 8,259 |
Net Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | -27.36 | 2.53 | 9.5 | -52.89 | -0.09 |
Net Cash Flow | 4,607 | -5,353 | 4,782 | 2,611 | 4,237 |
Free Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 7,877 | 6,371 | -224.82 | -3,770 | -1,710 |
Free Cash Flow Growth | 23.64% | - | - | - | - |
Free Cash Flow Margin | 12.17% | 19.81% | -1.34% | -30.45% | -54.59% |
Free Cash Flow Per Share | 5.63 | 4.76 | -0.19 | -3.61 | -1.82 |
Levered Free Cash Flow | 6,579 | 8,489 | 366.32 | -1,928 | -2,208 |
Unlevered Free Cash Flow | 6,646 | 8,514 | 411.45 | -1,905 | -2,170 |
Additional Metrics
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 150.05 | 38.93 | 79.88 | 34.87 | 60.48 |
Cash Income Tax Paid | - | 0.11 | 0.07 | 0.02 | - |
Change in Working Capital | 9,774 | 10,092 | 3,941 | 1,456 | 1,065 |