Lanzhou LS Heavy Equipment Co., Ltd (SHA:603169)
China · Delayed Price · Currency is CNY 6.45
-0.13 (-1.98%)
Sep 14, 2026, 3:00 PM CST
SHA:603169 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 | -809.09 | -596.1 | 155.46 | 153.73 | 175.93 | 122.73 |
Depreciation & Amortization | 165.69 | 153.46 | 180.68 | 149.57 | 139.25 | 137.19 |
Other Amortization | 9.22 | 16.59 | 0.67 | 0.2 | 0.22 | 0.27 |
Loss (Gain) From Sale of Assets | -4.24 | -4.25 | -0.13 | -0.25 | 0.18 | 0.02 |
Asset Writedown & Restructuring Costs | 208.09 | 217.86 | 41.98 | 5.11 | 5.9 | -0.27 |
Loss (Gain) From Sale of Investments | 11.39 | 9.57 | -4.87 | -3.79 | -3 | -1.74 |
Provision & Write-off of Bad Debts | 168.3 | 177.03 | -19.33 | 2.51 | -40.96 | 35.55 |
Other Operating Activities | 13.78 | 118.2 | 196.88 | 182.91 | 183.1 | 250.51 |
Change in Accounts Receivable | -1,552 | -1,057 | 117.09 | -36.84 | -108.86 | -265.76 |
Change in Inventory | -103.39 | 568.9 | 112.76 | -354.09 | -220.23 | 349.96 |
Change in Accounts Payable | 1,838 | 543.24 | -364.49 | 164.03 | 179.07 | -489.4 |
Change in Other Net Operating Assets | 0.52 | 0.52 | - | 2.1 | 2.11 | 0.84 |
Operating Cash Flow | -62.86 | 139.66 | 411.3 | 257.74 | 308.64 | 131.94 |
Operating Cash Flow Growth | - | -66.04% | 59.58% | -16.49% | 133.92% | -80.20% |
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 | -241.41 | -271.98 | -88.86 | -24.34 | -255.58 | -62.46 |
Sale of Property, Plant & Equipment | 1.22 | 1.29 | 0.77 | 0.78 | 1.46 | 0.31 |
Cash Acquisitions | -105.98 | -105.98 | - | -703 | -36.28 | -92.42 |
Divestitures | 12.31 | 2.24 | - | - | - | - |
Investment in Securities | 5.51 | 5.51 | -53.47 | - | -12 | - |
Other Investing Activities | 0.68 | 2.42 | - | 3.8 | - | 2 |
Investing Cash Flow | -327.67 | -366.5 | -141.56 | -722.76 | -302.4 | -152.57 |
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 | - | 21.39 | - | - | - | - |
Long-Term Debt Issued | - | 4,132 | 4,954 | 4,712 | 3,677 | 5,214 |
Total Debt Issued | 2,855 | 4,153 | 4,954 | 4,712 | 3,677 | 5,214 |
Short-Term Debt Repaid | - | -1 | - | - | - | - |
Long-Term Debt Repaid | - | -4,161 | -4,859 | -4,161 | -4,304 | -5,292 |
Total Debt Repaid | -2,660 | -4,162 | -4,859 | -4,161 | -4,304 | -5,292 |
Net Debt Issued (Repaid) | 195.48 | -8.46 | 94.6 | 550.67 | -626.98 | -78.38 |
Issuance of Common Stock | - | - | - | 0.5 | - | 1,300 |
Common Dividends Paid | -93.84 | -103.44 | -158.94 | -160.78 | -173.86 | -218.43 |
Other Financing Activities | 128.58 | 110.99 | 2.4 | 0.8 | -0.37 | -0.37 |
Financing Cash Flow | 230.21 | -0.91 | -61.94 | 391.18 | -801.2 | 1,002 |
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 | 0.13 | 0.18 | 0 | 0.08 | -0.13 | 0.32 |
Net Cash Flow | -160.18 | -227.57 | 207.8 | -73.76 | -795.09 | 982.13 |
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 | -304.26 | -132.31 | 322.44 | 233.4 | 53.06 | 69.48 |
Free Cash Flow Growth | - | - | 38.15% | 339.87% | -23.63% | -89.18% |
Free Cash Flow Margin | -5.18% | -2.04% | 5.57% | 4.52% | 1.06% | 1.72% |
Free Cash Flow Per Share | -0.23 | -0.10 | 0.25 | 0.18 | 0.04 | 0.07 |
Levered Free Cash Flow | -203.98 | -282.94 | 12.45 | 585.79 | -1,016 | 379.5 |
Unlevered Free Cash Flow | -169.17 | -213.98 | 113.3 | 681.01 | -910.02 | 506.35 |
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 | 172.36 | 247.82 | 220.09 | 227.17 | 172.32 | 105.06 |
Change in Working Capital | 174 | 47.31 | -140.04 | -232.24 | -151.99 | -412.31 |