Baozun Inc. (HKG:9991)
Hong Kong · Delayed Price · Currency is HKD 7.69
-0.01 (-0.13%)
Sep 23, 2026, 3:38 PM HKT
Baozun 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 | -135.5 | -242.1 | -185.2 | -278.42 | -653.29 | -219.83 |
Depreciation & Amortization | 208.68 | 220.72 | 243.83 | 250.6 | 195.52 | 205.91 |
Other Amortization | 1.03 | 1.03 | 1.03 | 1.03 | 8.89 | 24.7 |
Loss (Gain) From Sale of Assets | 47.08 | 48.21 | 28.55 | 6.78 | 91.29 | 8.31 |
Asset Writedown & Restructuring Costs | 18.4 | 18.4 | 6.93 | 35.21 | 13.16 | - |
Loss (Gain) From Sale of Investments | 242.43 | 229.42 | 9.55 | 68.03 | 123.19 | 213.35 |
Loss (Gain) on Equity Investments | -10.12 | -11.09 | 24.66 | -6.25 | 3.59 | -3.3 |
Stock-Based Compensation | 7.58 | 19.93 | 76.26 | 103.45 | 142.38 | 196.55 |
Provision & Write-off of Bad Debts | 2.79 | 58.31 | -0.92 | 19.75 | 1.49 | 105.83 |
Other Operating Activities | 149.92 | 129.42 | 163.15 | 146.97 | 515.55 | 25.71 |
Change in Accounts Receivable | -202.16 | -328.65 | 181.56 | 226.89 | -42.37 | -98.6 |
Change in Inventory | -32.78 | 103.93 | -312.85 | 32.13 | 127.29 | -380.82 |
Change in Accounts Payable | 127.68 | -131.91 | 57.12 | -133.51 | 57.45 | 39.31 |
Change in Income Taxes | 35.66 | 8.95 | 12.19 | -27.38 | -81.16 | -26.69 |
Change in Other Net Operating Assets | 255.94 | 295.9 | -204.58 | 2.97 | -120.37 | -186.53 |
Operating Cash Flow | 716.61 | 420.43 | 101.28 | 448.26 | 382.61 | -96.11 |
Operating Cash Flow Growth | 627.18% | 315.13% | -77.41% | 17.16% | - | - |
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 | -125.87 | -106.54 | -132.11 | -165.01 | -206.96 | -285.59 |
Cash Acquisitions | 19.93 | - | -62.95 | -104.62 | -77.74 | -208.43 |
Divestitures | -2.99 | -2.99 | - | - | -1.9 | - |
Sale (Purchase) of Intangibles | -46.63 | -47.3 | -76.16 | -65.2 | -52.29 | -67.19 |
Investment in Securities | -330.14 | -711.75 | -542.85 | 23.83 | -952.42 | 945.83 |
Other Investing Activities | -55 | -30 | -3.54 | -29.38 | -15.36 | -8.8 |
Investing Cash Flow | -540.7 | -898.59 | -817.61 | -340.37 | -1,307 | 375.82 |
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 | - | 2,241 | 1,970 | 1,821 | 1,843 | 548.46 |
Total Debt Issued | 2,208 | 2,241 | 1,970 | 1,821 | 1,843 | 548.46 |
Short-Term Debt Repaid | - | -2,261 | -1,865 | -1,721 | -1,376 | - |
Long-Term Debt Repaid | - | - | - | - | -1,760 | - |
Total Debt Repaid | -2,354 | -2,261 | -1,865 | -1,721 | -3,136 | - |
Net Debt Issued (Repaid) | -146.29 | -19.62 | 105.24 | 99.65 | -1,292 | 548.46 |
Issuance of Common Stock | - | 0 | 0.16 | 0 | 0 | 0.05 |
Repurchase of Common Stock | - | -10.22 | -95.5 | - | -446.64 | -1,060 |
Common Dividends Paid | -22.19 | -22.19 | -1.08 | -1.12 | - | - |
Other Financing Activities | -46.66 | -55.47 | -28.56 | -106.56 | 88.59 | 1,262 |
Financing Cash Flow | -215.14 | -107.49 | -19.74 | -8.03 | -1,650 | 749.95 |
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 | -3.96 | -10.38 | 28.08 | 6.72 | 120.42 | -60.92 |
Net Cash Flow | -43.19 | -596.02 | -707.98 | 106.57 | -2,454 | 968.75 |
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 | 590.74 | 313.89 | -30.83 | 283.25 | 175.65 | -381.69 |
Free Cash Flow Growth | - | - | - | 61.26% | - | - |
Free Cash Flow Margin | 5.65% | 3.16% | -0.33% | 3.21% | 2.09% | -4.06% |
Free Cash Flow Per Share | 10.19 | 5.43 | -0.52 | 4.76 | 2.88 | -5.29 |
Levered Free Cash Flow | 606.4 | 467.43 | -271.57 | -229.79 | 495.35 | -270.86 |
Unlevered Free Cash Flow | 630.21 | 495.28 | -247.21 | -203.95 | 523.06 | -259 |
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 | 25.03 | 27.8 | 27.05 | 38.19 | 47.14 | 29.82 |
Cash Income Tax Paid | 52.74 | 58.42 | 53.84 | 84.77 | 163.53 | 145.61 |
Change in Working Capital | 184.33 | -51.79 | -266.56 | 101.11 | -59.16 | -653.33 |