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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	252.04	266.85	211.61	184.38	155.76	140.76
Depreciation & Amortization	49.98	54.07	51.36	50.19	43.01	33
Other Amortization	2.43	1.34	0.28	1.31	2.11	2
Loss (Gain) From Sale of Assets	-0.04	-0.05	-0.41	-0.92	-0.01	0.08
Asset Writedown & Restructuring Costs	0.25	0.02	0.03	2.62	1.61	0.55
Loss (Gain) From Sale of Investments	-8.19	-6.97	-8.19	-4.7	-1.41	-5.77
Provision & Write-off of Bad Debts	-0.32	-0.66	1.81	-1.25	2.65	-0.34
Other Operating Activities	55.79	38.37	8.96	1.96	13.37	11.7
Change in Accounts Receivable	14.91	-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	25.92	87.07	25.58	36.54	30.64	-4.55
Change in Other Net Operating Assets	22.11	-	-	-	-	-
Operating Cash Flow	379.94	372.13	241.13	312.03	136.75	110.78
Operating Cash Flow Growth	56.36%	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-25.78	-38.24	-61.59	-70.97	-40.32	-119.61
Sale of Property, Plant & Equipment	4.36	4.35	2.15	1.53	-	0.05
Investment in Securities	-187.46	-161.99	-22.59	-389.37	12.31	145.93
Other Investing Activities	-	-	-	1.75	-	-
Investing Cash Flow	-210.93	-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	Jun 30, 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
Lease Payments	-1.1	-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	45.77	46.45	44.96	-	18.4	-
Repurchase of Common Stock	-45.8	-76.29	-46.32	-0.21	-	-28.95
Common Dividends Paid	-177.56	-169.89	-82.31	-67.27	-39.89	-51.14
Other Financing Activities	5.64	2.65	-2.16	1.45	3.4	-6.16
Financing Cash Flow	-173.04	-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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-11.79	0.8	-1.16	13.78	4.31	-3.1
Net Cash Flow	-15.81	-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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	354.16	333.89	179.54	241.06	96.42	-8.82
Free Cash Flow Growth	84.99%	85.97%	-25.52%	150.00%	-	-
Free Cash Flow Margin	42.92%	41.52%	26.39%	41.33%	18.30%	-2.04%
Free Cash Flow Per Share	1.84	1.72	0.93	1.24	0.50	-0.05
Levered Free Cash Flow	268.74	209.3	150.28	159.85	58.33	-56.77
Unlevered Free Cash Flow	269.85	210.48	151.27	160.24	58.34	-56.73
Free Cash Flow After Leases	353.06	332.79	177.54	239.28	93.95	-11.2

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	79.9	70.38	60.16	64.82	58.69	51.4
Change in Working Capital	28.01	19.16	-24.31	78.44	-80.35	-71.2

Data Source: S&P Global Market Intelligence Last updated: Aug 27, 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 13, 2026

Data Sources Report a data error