Fujian Qingshan Paper Industry Co., Ltd. (SHA:600103)
China · Delayed Price · Currency is CNY 2.970
+0.020 (0.68%)
Oct 28, 2026, 3:00 PM CST
SHA:600103 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 | Sep '26 Sep 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 | 55.29 | 54.68 | 84.75 | 121.9 | 207.74 | 190.29 |
Depreciation & Amortization | 195.72 | 195.72 | 163.63 | 149.98 | 156.83 | 159.91 |
Other Amortization | 1.86 | 1.86 | 1.98 | 1.88 | 1.42 | 0.57 |
Loss (Gain) From Sale of Assets | -3.71 | -3.71 | -0.27 | -0.06 | -5.12 | -3.63 |
Asset Writedown & Restructuring Costs | 36.44 | 36.44 | 18.56 | 2.19 | 12.51 | 2.11 |
Loss (Gain) From Sale of Investments | -44.36 | -44.36 | -48.43 | -42.81 | -52.32 | -50.65 |
Provision & Write-off of Bad Debts | 3.79 | 3.79 | -0.17 | 2.76 | 4.37 | 2.43 |
Other Operating Activities | 363.7 | 57.67 | 45.31 | 40.03 | 36.02 | 54.04 |
Change in Accounts Receivable | 136.78 | 136.78 | -39.67 | -116.16 | -59.67 | -38.7 |
Change in Inventory | -76.07 | -76.07 | -42.49 | 66.61 | -24.47 | -33.64 |
Change in Accounts Payable | -221.8 | -221.8 | 221.96 | 433.89 | 113.11 | 174.49 |
Change in Other Net Operating Assets | 1.32 | 1.32 | 5.75 | - | - | - |
Operating Cash Flow | 443.05 | 136.42 | 416.73 | 655.56 | 386.27 | 461.41 |
Operating Cash Flow Growth | 91.06% | -67.26% | -36.43% | 69.72% | -16.28% | 486.48% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -166.55 | -116.04 | -375.83 | -779.26 | -97.48 | -77.16 |
Sale of Property, Plant & Equipment | 7.92 | 8.06 | 0.85 | 0.9 | 6.11 | 4.58 |
Cash Acquisitions | 1.17 | - | - | - | - | -9 |
Investment in Securities | -21.53 | -63.62 | -263.79 | -303.44 | 418.08 | 67.21 |
Other Investing Activities | 78.39 | 40.8 | 19.95 | - | - | - |
Investing Cash Flow | -100.59 | -130.8 | -618.82 | -1,082 | 326.7 | -14.37 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 Issued | - | 991 | 821 | 890 | 756.8 | 558.1 |
Long-Term Debt Repaid | - | -1,200 | -875.88 | -577.13 | -752.51 | -882.03 |
Lease Payments | -2.75 | -2.75 | -2.58 | -2.57 | -2.23 | -2.58 |
Net Debt Issued (Repaid) | -165.86 | -208.65 | -54.88 | 312.87 | 4.29 | -323.93 |
Issuance of Common Stock | - | - | 43.79 | - | - | - |
Repurchase of Common Stock | -12.94 | -12.94 | - | - | - | -163.59 |
Common Dividends Paid | -31.67 | -42.93 | -58.84 | -127.98 | -17.23 | -32.11 |
Other Financing Activities | -24.19 | -7.09 | 24.15 | 35.54 | -3.32 | - |
Financing Cash Flow | -234.67 | -271.61 | -45.78 | 220.43 | -16.26 | -519.63 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -5.33 | -0.53 | 3 | -0.06 | 2.25 | -1.81 |
Net Cash Flow | 102.46 | -266.52 | -244.87 | -205.87 | 698.97 | -74.4 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 276.51 | 20.38 | 40.9 | -123.7 | 288.79 | 384.24 |
Free Cash Flow Growth | 74.15% | -50.16% | - | - | -24.84% | 9403.93% |
Free Cash Flow Margin | 11.20% | 0.84% | 1.57% | -4.63% | 9.89% | 13.40% |
Free Cash Flow Per Share | 0.13 | 0.01 | 0.02 | -0.06 | 0.13 | 0.17 |
Levered Free Cash Flow | 431.21 | 62.44 | -118.32 | -608.07 | 374.36 | 305.44 |
Unlevered Free Cash Flow | 433.24 | 72.36 | -105.15 | -596.5 | 385.07 | 323.17 |
Free Cash Flow After Leases | 273.76 | 17.63 | 38.32 | -126.26 | 286.56 | 381.66 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 71.65 | 92.82 | 70.64 | 142.41 | 141.5 | 127.73 |
Change in Working Capital | -165.67 | -165.67 | 151.38 | 379.68 | 24.82 | 106.34 |