Hangzhou Heatwell Electric Heating Technology Co., Ltd. (SHA:603075)
China · Delayed Price · Currency is CNY 19.19
+0.15 (0.79%)
Aug 25, 2026, 11:29 AM CST
SHA:603075 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 | Jun '26 Jun 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 | 325.53 | 323.12 | 299.74 | 250 | 241.53 | 231.61 |
Depreciation & Amortization | 131.28 | 121.96 | 113.99 | 101.76 | 92.12 | 63.15 |
Other Amortization | 1.96 | 2.75 | 0.73 | 0.47 | 0.56 | 0.42 |
Loss (Gain) From Sale of Assets | -0.24 | 0.03 | 0.26 | 0.06 | -0.02 | 0.64 |
Asset Writedown & Restructuring Costs | 4.18 | 1.98 | 1.33 | 0.54 | -0.08 | 9.61 |
Loss (Gain) From Sale of Investments | -8.72 | -9.82 | -12.46 | -1.23 | -5.15 | -27.27 |
Provision & Write-off of Bad Debts | 1.44 | 5.69 | 4.89 | 6.12 | -2.18 | - |
Other Operating Activities | 24.67 | 1.46 | 4.99 | 3.89 | 0.92 | 33.24 |
Change in Accounts Receivable | -98.65 | -159.55 | -233.57 | 50.71 | 55.25 | -101.6 |
Change in Inventory | -73.62 | -32.25 | -38.31 | 22.31 | -41.79 | -56.05 |
Change in Accounts Payable | 87.8 | 88.02 | 108.96 | -39.23 | -67.01 | 61.85 |
Change in Other Net Operating Assets | 2.93 | 7.78 | 6.24 | 2.48 | 5.83 | - |
Operating Cash Flow | 389.26 | 350.97 | 259.92 | 393.14 | 280.33 | 213.05 |
Operating Cash Flow Growth | 6.30% | 35.03% | -33.89% | 40.24% | 31.58% | -41.55% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -115.98 | -115.41 | -128.02 | -136.01 | -279.98 | -337.71 |
Sale of Property, Plant & Equipment | 0.39 | 0.37 | 0.86 | 1.05 | 3.11 | 1.24 |
Investment in Securities | 94.43 | 112.49 | -143.02 | -305 | - | 282.41 |
Other Investing Activities | 10.37 | 11.98 | 11.04 | 1.75 | 15.98 | 21.19 |
Investing Cash Flow | -10.79 | 9.43 | -259.14 | -438.21 | -260.88 | -32.88 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | - | 300 | 360 | 676.63 | 64 | - |
Long-Term Debt Issued | - | - | - | - | 580 | 501.01 |
Total Debt Issued | 193.3 | 300 | 360 | 676.63 | 644 | 501.01 |
Short-Term Debt Repaid | - | -380 | -360 | -906.83 | -60 | - |
Long-Term Debt Repaid | - | -1.36 | -1.66 | -2.41 | -528.95 | -520 |
Total Debt Repaid | -381.05 | -381.36 | -361.66 | -909.24 | -588.95 | -520 |
Net Debt Issued (Repaid) | -187.75 | -81.36 | -1.66 | -232.61 | 55.05 | -18.99 |
Issuance of Common Stock | - | - | 29.35 | 833.32 | - | - |
Repurchase of Common Stock | -0.74 | -0.74 | - | - | - | - |
Common Dividends Paid | -286.44 | -287.51 | -206.1 | -123.28 | -129.35 | -103.09 |
Other Financing Activities | -10 | - | - | -22.73 | 2.5 | -63.91 |
Financing Cash Flow | -484.94 | -369.61 | -178.4 | 454.7 | -71.81 | -186 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -16.8 | 8.78 | 7.14 | 15.31 | 28.07 | -12.27 |
Net Cash Flow | -123.27 | -0.44 | -170.48 | 424.94 | -24.3 | -18.09 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 273.28 | 235.55 | 131.9 | 257.13 | 0.35 | -124.67 |
Free Cash Flow Growth | 7.65% | 78.59% | -48.70% | 72745.09% | - | - |
Free Cash Flow Margin | 12.17% | 11.08% | 6.86% | 15.34% | 0.02% | -6.92% |
Free Cash Flow Per Share | 0.69 | 0.59 | 0.33 | 0.70 | 0.00 | -0.34 |
Levered Free Cash Flow | 167.07 | 124.75 | 46.96 | 159.65 | -158.73 | -173.59 |
Unlevered Free Cash Flow | 168.96 | 128.7 | 51.44 | 167.65 | -145.96 | -164.32 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 32.56 | 56.46 | 15.08 | 23.22 | -11.82 | -16.17 |
Change in Working Capital | -93.77 | -99.13 | -158.77 | 33.38 | -47.43 | -98.36 |