Grandblue Environment Co., Ltd. (SHA:600323)

Grandblue Environment Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	2,212	1,973	1,664	1,430	1,142	1,163
Depreciation & Amortization	1,952	1,627	1,099	1,138	958.04	870.36
Other Amortization	72.27	62.92	53.57	52.36	45.58	39.67
Loss (Gain) From Sale of Assets	-7.77	-5.63	-11.19	-1.77	-4.33	-2.07
Asset Writedown & Restructuring Costs	13.49	13.49	57.1	65.3	41.68	93.94
Loss (Gain) From Sale of Investments	-301.85	-263.58	-116.82	-69.08	-54.71	-72.88
Provision & Write-off of Bad Debts	193.55	102.26	75.59	105.54	47.77	61.4
Other Operating Activities	1,511	1,140	530.94	544.52	515.93	497.02
Change in Accounts Receivable	-1,141	-627.09	-179.3	-1,268	-2,224	-1,958
Change in Inventory	-171.46	-66.71	9.66	28.7	4.77	282.86
Change in Accounts Payable	234.11	140.64	39.33	432.54	-69.58	-124.09
Operating Cash Flow	4,429	4,018	3,273	2,482	422.47	878.29
Operating Cash Flow Growth	24.65%	22.77%	31.85%	487.50%	-51.90%	-55.09%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-1,553	-1,545	-1,665	-2,048	-2,394	-2,003
Sale of Property, Plant & Equipment	98.17	93.58	1	3.29	25.24	3.2
Cash Acquisitions	-48.17	-8,154	-27.76	-	-3	-8.32
Divestitures	2.21	-	-	-	-	-
Investment in Securities	-1,016	-60.8	-213.95	-268.93	-19.15	-54.32
Other Investing Activities	192.94	589.07	69.27	76.84	56.64	54.83
Investing Cash Flow	-2,324	-9,077	-1,837	-2,237	-2,334	-2,008

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	16,360	8,504	10,209	9,488	8,680
Long-Term Debt Repaid	-	-11,939	-7,463	-9,238	-7,121	-6,630
Lease Payments	-50.14	-46.75	-31.78	-36.88	-33.27	-25.43
Net Debt Issued (Repaid)	-1,606	4,421	1,041	970.77	2,368	2,050
Common Dividends Paid	-1,835	-1,665	-889.72	-728.48	-718.28	-627.19
Other Financing Activities	-53.36	661.55	1,156	-55.09	38.51	-0.27
Financing Cash Flow	-3,495	3,417	1,308	187.2	1,688	1,422

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	3.56	7.13	-0.3	-	-	-
Net Cash Flow	-1,387	-1,635	2,744	432.37	-224.01	292.65

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	2,876	2,473	1,607	433.97	-1,972	-1,125
Free Cash Flow Growth	36.77%	53.85%	270.42%	-	-	-
Free Cash Flow Margin	18.07%	17.75%	13.52%	3.46%	-15.31%	-9.55%
Free Cash Flow Per Share	3.52	3.03	1.97	0.53	-2.42	-1.40
Levered Free Cash Flow	743.4	-1,109	450.87	-535.09	-2,043	-2,256
Unlevered Free Cash Flow	1,381	-590.01	781.46	-213.55	-1,730	-1,959
Free Cash Flow After Leases	2,825	2,426	1,576	397.09	-2,005	-1,150

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Income Tax Paid	1,380	1,087	703	535.59	302.49	303.55
Change in Working Capital	-1,216	-631.9	-78.92	-782.72	-2,269	-1,773

Data Source: S&P Global Market Intelligence Last updated: Aug 26, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 15, 2026

Data Sources Report a data error