Ming Yang Smart Energy Group Limited (SHA:601615)
China · Delayed Price · Currency is CNY 8.15
-0.23 (-2.74%)
Oct 30, 2026, 3:00 PM CST
SHA:601615 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 | -1,089 | 659.87 | 346.11 | 376.72 | 3,445 | 3,158 |
Depreciation & Amortization | 1,543 | 1,607 | 1,434 | 1,095 | 1,007 | 864.11 |
Other Amortization | 98.1 | 32.93 | 30.22 | 23.32 | 31.38 | 30.06 |
Loss (Gain) From Sale of Assets | 1.51 | 1.51 | 32.3 | -4.19 | 0.8 | 0.63 |
Asset Writedown & Restructuring Costs | 120.88 | 120.88 | 43.64 | 94.08 | 58.96 | 177.33 |
Loss (Gain) From Sale of Investments | -468.48 | -468.48 | -1,142 | -779.06 | -721.79 | -979.48 |
Stock-Based Compensation | 17.21 | 17.21 | - | - | - | - |
Provision & Write-off of Bad Debts | 220.25 | 220.25 | 297.31 | 479.76 | 233.44 | 144.07 |
Other Operating Activities | -3,145 | 756.06 | 768.07 | 511.04 | 252.29 | 324.36 |
Change in Accounts Receivable | -9,244 | -9,244 | -2,611 | -5,357 | -7,739 | -2,551 |
Change in Inventory | -4,833 | -4,833 | -4,044 | -1,743 | 1,548 | -1,204 |
Change in Accounts Payable | 6,244 | 6,244 | 2,734 | 3,029 | 814.45 | 5,260 |
Operating Cash Flow | -11,186 | -5,538 | -2,403 | -2,590 | -795.9 | 5,398 |
Operating Cash Flow Growth | - | - | - | - | - | 48.66% |
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 | -1,866 | -2,538 | -5,647 | -7,612 | -8,009 | -7,387 |
Sale of Property, Plant & Equipment | 149.5 | 4 | 16.89 | 0.96 | 4.65 | 7.12 |
Cash Acquisitions | -20.37 | -28.91 | 18.4 | - | 1.92 | 1.57 |
Divestitures | 503.84 | 359.6 | 1,439 | 1,022 | 399.35 | 1,005 |
Investment in Securities | 691.54 | -204.11 | 1,461 | 218.43 | -3,212 | -2,682 |
Other Investing Activities | 688.28 | 521.95 | 657.52 | 187.56 | 865.49 | 2,120 |
Investing Cash Flow | 146.91 | -1,885 | -2,055 | -6,184 | -9,950 | -6,935 |
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 |
Short-Term Debt Issued | - | - | 5.03 | 1,441 | - | - |
Long-Term Debt Issued | - | 9,434 | 12,309 | 13,379 | 6,165 | 2,391 |
Total Debt Issued | 21,721 | 9,434 | 12,314 | 14,819 | 6,165 | 2,391 |
Short-Term Debt Repaid | - | -5 | -342.77 | -688.22 | - | - |
Long-Term Debt Repaid | - | -5,548 | -3,689 | -3,325 | -4,402 | -2,382 |
Lease Payments | -565.97 | -565.97 | -168.81 | -148.82 | -1,007 | -878.55 |
Total Debt Repaid | -8,246 | -5,553 | -4,032 | -4,013 | -4,402 | -2,382 |
Net Debt Issued (Repaid) | 13,475 | 3,882 | 8,282 | 10,806 | 1,764 | 9.69 |
Issuance of Common Stock | 89.01 | 68.73 | - | - | 6,668 | 45.55 |
Repurchase of Common Stock | -1.01 | -1.01 | -755.36 | -591.04 | -1.68 | -1.62 |
Common Dividends Paid | -809.93 | -1,046 | -1,151 | -881.05 | -614.73 | -413.57 |
Other Financing Activities | -1,099 | 588.65 | 183.7 | 853.05 | 2.2 | -275.89 |
Financing Cash Flow | 11,654 | 3,492 | 6,560 | 10,187 | 7,817 | -635.84 |
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 | -113.01 | -28.42 | 45.32 | 77.53 | 353.01 | -12.88 |
Net Cash Flow | 501.26 | -3,960 | 2,147 | 1,490 | -2,576 | -2,187 |
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 | -13,052 | -8,076 | -8,050 | -10,203 | -8,805 | -1,990 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -36.36% | -21.20% | -29.64% | -36.28% | -28.64% | -7.31% |
Free Cash Flow Per Share | -6.11 | -3.75 | -3.54 | -4.60 | -4.01 | -1.03 |
Levered Free Cash Flow | -663.37 | -3,187 | -7,249 | -4,766 | -10,263 | -6,026 |
Unlevered Free Cash Flow | -399.13 | -2,927 | -7,009 | -4,623 | -10,131 | -5,818 |
Free Cash Flow After Leases | -13,618 | -8,642 | -8,219 | -10,352 | -9,812 | -2,868 |
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 | 357.04 | 1,110 | 1,019 | 760.47 | 1,213 | 1,017 |
Change in Working Capital | -8,485 | -8,485 | -4,213 | -4,387 | -5,103 | 1,679 |