Hangzhou XZB Tech Co., Ltd (SHA:603040)

Hangzhou XZB Tech 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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	266.17	266.85	211.61	184.38	155.76	140.76
Depreciation & Amortization	54.07	54.07	51.36	50.19	43.01	33
Other Amortization	1.34	1.34	0.28	1.31	2.11	2
Loss (Gain) From Sale of Assets	-0.05	-0.05	-0.41	-0.92	-0.01	0.08
Asset Writedown & Restructuring Costs	0.02	0.02	0.03	2.62	1.61	0.55
Loss (Gain) From Sale of Investments	-6.97	-6.97	-8.19	-4.7	-1.41	-5.77
Provision & Write-off of Bad Debts	-0.66	-0.66	1.81	-1.25	2.65	-0.34
Other Operating Activities	9.55	38.37	8.96	1.96	13.37	11.7
Change in Accounts Receivable	-32.92	-32.92	-26.44	59.3	-90.94	24.9
Change in Inventory	-31.94	-31.94	-21.33	-20.89	-22.06	-90.71
Change in Accounts Payable	87.07	87.07	25.58	36.54	30.64	-4.55
Operating Cash Flow	342.63	372.13	241.13	312.03	136.75	110.78
Operating Cash Flow Growth	29.36%	54.33%	-22.72%	128.18%	23.43%	-35.60%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-36.71	-38.24	-61.59	-70.97	-40.32	-119.61
Sale of Property, Plant & Equipment	4.42	4.35	2.15	1.53	-	0.05
Investment in Securities	-117.39	-161.99	-22.59	-389.37	12.31	145.93
Other Investing Activities	-	-	-	1.75	-	-
Investing Cash Flow	-149.69	-195.88	-82.03	-457.06	-28.01	26.38

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	69	11	50	-	-
Total Debt Issued	80	69	11	50	-	-
Short-Term Debt Repaid	-	-50	-50	-	-	-
Long-Term Debt Repaid	-	-1.1	-2	-1.78	-2.47	-2.37
Total Debt Repaid	-81.1	-51.1	-52	-1.78	-2.47	-2.37
Net Debt Issued (Repaid)	-1.1	17.9	-41	48.22	-2.47	-2.37
Issuance of Common Stock	46.45	46.45	44.96	-	18.4	-
Repurchase of Common Stock	-76.29	-76.29	-46.32	-0.21	-	-28.95
Common Dividends Paid	-156.74	-169.89	-82.31	-67.27	-39.89	-51.14
Other Financing Activities	12.86	2.65	-2.16	1.45	3.4	-6.16
Financing Cash Flow	-174.82	-179.18	-126.83	-17.79	-20.57	-88.63

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-4.63	0.8	-1.16	13.78	4.31	-3.1
Net Cash Flow	13.48	-2.13	31.1	-149.05	92.48	45.44

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	305.91	333.89	179.54	241.06	96.42	-8.82
Free Cash Flow Growth	45.94%	85.97%	-25.52%	150.00%	-	-
Free Cash Flow Margin	37.04%	41.52%	26.39%	41.33%	18.30%	-2.04%
Free Cash Flow Per Share	1.57	1.72	0.93	1.24	0.50	-0.05
Levered Free Cash Flow	243.68	209.3	150.28	159.85	58.33	-56.77
Unlevered Free Cash Flow	244.99	210.48	151.27	160.24	58.34	-56.73

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Income Tax Paid	79.28	70.38	60.16	64.82	58.69	51.4
Change in Working Capital	19.16	19.16	-24.31	78.44	-80.35	-71.2

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 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:

Aug 1, 2026

Data Sources Report a data error