GHW International (HKG:9933)
Hong Kong · Delayed Price · Currency is HKD 1.650
+0.015 (0.92%)
Oct 2, 2026, 1:59 PM HKT
GHW International 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 | 35.07 | 12.72 | 12.75 | 2.72 | 274.63 | 130.71 |
Depreciation & Amortization | 29.69 | 23.02 | 16.33 | 13.88 | 11.73 | 8.69 |
Loss (Gain) From Sale of Assets | 3.86 | 3.86 | 1.23 | -0.72 | 9.14 | 5.23 |
Loss (Gain) From Sale of Investments | -0.25 | -0.25 | 0.18 | 0.04 | -0.32 | -0.07 |
Loss (Gain) on Equity Investments | -0.01 | -0.01 | - | 1.07 | - | - |
Stock-Based Compensation | 1.68 | 1.68 | - | - | - | - |
Provision & Write-off of Bad Debts | -2.35 | -2.35 | 0.25 | -4.06 | 1.13 | 1.45 |
Other Operating Activities | -48.6 | 32.06 | 34.57 | 25.4 | 38.87 | 46.51 |
Change in Accounts Receivable | -8.44 | -8.44 | -62.62 | -492.35 | -412.49 | -231.13 |
Change in Inventory | 93.13 | 93.13 | -9.44 | 77.98 | -17.74 | -91.41 |
Change in Accounts Payable | 29.33 | 29.33 | 129.06 | 19 | 57.96 | 35.85 |
Change in Unearned Revenue | 27.09 | 27.09 | 7.97 | 0.73 | -14.42 | 20.43 |
Change in Other Net Operating Assets | 28.64 | 28.64 | -69.24 | 476.37 | 285.59 | -48.8 |
Operating Cash Flow | 188.84 | 240.47 | 61.04 | 120.07 | 234.08 | -122.53 |
Operating Cash Flow Growth | 113.38% | 293.98% | -49.17% | -48.70% | - | - |
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 | -138.22 | -145.17 | -124.44 | -139.88 | -274.37 | -214.99 |
Sale of Property, Plant & Equipment | 5.32 | 2.16 | 9.48 | 1.15 | 0.17 | 0.17 |
Sale (Purchase) of Intangibles | - | - | -10 | - | -9.99 | - |
Investment in Securities | -3.27 | -6.41 | -9.23 | -6.77 | 0.25 | 0.71 |
Other Investing Activities | -5.34 | -14.93 | -24.33 | 5.06 | 86.22 | 64.41 |
Investing Cash Flow | -126.51 | -149.35 | -158.52 | -140.43 | -197.72 | -164.18 |
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 | - | 1.6 | - | - | - | - |
Long-Term Debt Issued | - | 829.13 | 781.48 | 596.62 | 608.79 | 725.9 |
Total Debt Issued | 930.76 | 830.72 | 781.48 | 596.62 | 608.79 | 725.9 |
Long-Term Debt Repaid | - | -876.1 | -650.93 | -540.27 | -563.04 | -414.58 |
Lease Payments | -4.84 | -5.42 | -6.28 | -5.11 | -4.77 | -4.45 |
Total Debt Repaid | -977.59 | -876.1 | -650.93 | -540.27 | -563.04 | -414.58 |
Net Debt Issued (Repaid) | -46.83 | -45.38 | 130.55 | 56.35 | 45.75 | 311.32 |
Issuance of Common Stock | - | - | 22.23 | - | - | - |
Repurchase of Common Stock | -2.63 | - | -24.21 | -23.02 | - | - |
Other Financing Activities | -34.15 | -33.9 | -1.58 | -38.3 | -36.68 | -26.34 |
Financing Cash Flow | -83.6 | -79.27 | 126.98 | -4.97 | 9.07 | 284.99 |
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 | 2.75 | 2.53 | -5.44 | -0.46 | -0.27 | -2.16 |
Net Cash Flow | -18.53 | 14.38 | 24.07 | -25.79 | 45.16 | -3.88 |
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 | 50.62 | 95.31 | -63.4 | -19.81 | -40.29 | -337.52 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | 1.13% | 2.32% | -1.64% | -0.62% | -1.19% | -11.91% |
Free Cash Flow Per Share | 0.05 | 0.10 | -0.07 | -0.02 | -0.04 | -0.34 |
Levered Free Cash Flow | -89.65 | -64.63 | -199.23 | -122.54 | -57.08 | -196.19 |
Unlevered Free Cash Flow | -68.56 | -41.93 | -174.29 | -98.04 | -33.97 | -177.55 |
Free Cash Flow After Leases | 45.78 | 89.89 | -69.69 | -24.91 | -45.05 | -341.97 |
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 | 33.15 | 33.9 | 37.02 | 38.3 | 36.68 | 26.34 |
Cash Income Tax Paid | 6.6 | 6.6 | 4.67 | -1.12 | 14.52 | 3.73 |
Change in Working Capital | 169.75 | 169.75 | -4.28 | 81.74 | -101.11 | -315.06 |