Solbar Ningbo Protein Technology Co., Ltd. (SHA:603231)
China · Delayed Price · Currency is CNY 16.66
+0.08 (0.48%)
Sep 14, 2026, 3:00 PM CST
SHA:603231 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 | 159.4 | 189.72 | 121.18 | 145.98 | 168.03 | 123.94 |
Depreciation & Amortization | 86.34 | 77.61 | 70 | 64.35 | 53.57 | 45.42 |
Other Amortization | 0.89 | 0.89 | - | - | - | - |
Loss (Gain) From Sale of Assets | -0.54 | -0.03 | 0.03 | -0.35 | -0.54 | - |
Asset Writedown & Restructuring Costs | 3.9 | 3.84 | 2.86 | 5.12 | 4.14 | 10.41 |
Loss (Gain) From Sale of Investments | -8.37 | -8.11 | -11.54 | -0.02 | 0.45 | -0.28 |
Provision & Write-off of Bad Debts | 0.73 | 0.73 | -4.73 | 1.2 | 1.12 | 4.78 |
Other Operating Activities | 2.56 | 2.2 | 4.19 | 2.56 | 5.69 | 2.44 |
Change in Accounts Receivable | -77.48 | -28.27 | 10.11 | -28.34 | -19.58 | -35.4 |
Change in Inventory | -44.81 | 35.56 | -68.31 | 27.79 | -55.79 | -57.37 |
Change in Accounts Payable | 152.33 | 37.5 | 29.68 | -74.49 | 26.13 | 66.77 |
Change in Other Net Operating Assets | 15.53 | -0.31 | -4.62 | 0.03 | -4.39 | 2.43 |
Operating Cash Flow | 290.18 | 311.11 | 147.69 | 143.87 | 186.39 | 161.79 |
Operating Cash Flow Growth | 93.65% | 110.65% | 2.65% | -22.81% | 15.20% | -18.21% |
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 | -171.11 | -189.99 | -168.51 | -99.67 | -144.11 | -160.53 |
Sale of Property, Plant & Equipment | 0.12 | 0.21 | 0.41 | 3 | 1.07 | 0.8 |
Investment in Securities | -156.43 | -156.43 | -498.68 | 0.82 | -0.81 | -8.64 |
Other Investing Activities | 95.39 | 12.41 | 10.82 | 0.4 | 0.16 | 56.65 |
Investing Cash Flow | -232.03 | -333.79 | -655.96 | -95.45 | -143.69 | -111.72 |
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 | - | - | - | 93.77 | 115 | 103 |
Long-Term Debt Issued | - | 47.55 | 23.77 | - | - | - |
Total Debt Issued | 107.55 | 47.55 | 23.77 | 93.77 | 115 | 103 |
Short-Term Debt Repaid | - | -47.55 | -83.77 | -95 | -133 | -20 |
Long-Term Debt Repaid | - | -1.53 | -1.55 | -1.86 | -0.93 | - |
Lease Payments | -1.53 | -1.53 | -1.55 | -1.86 | -0.93 | - |
Total Debt Repaid | -69.08 | -49.08 | -85.33 | -96.86 | -133.93 | -20 |
Net Debt Issued (Repaid) | 38.47 | -1.53 | -61.55 | -3.09 | -18.93 | 83 |
Issuance of Common Stock | - | - | - | 1,002 | - | - |
Common Dividends Paid | -71.04 | -57.49 | -95.9 | -45.66 | -63.09 | -74.09 |
Other Financing Activities | 2.38 | - | -92.02 | -16.26 | - | -0.86 |
Financing Cash Flow | -30.2 | -59.03 | -249.47 | 936.67 | -82.02 | 8.05 |
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 | -15.51 | 0.33 | 4.63 | -0.03 | 4.39 | -0.85 |
Net Cash Flow | 12.44 | -81.38 | -753.12 | 985.07 | -34.93 | 57.27 |
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 | 119.07 | 121.12 | -20.83 | 44.2 | 42.27 | 1.26 |
Free Cash Flow Growth | - | - | - | 4.57% | 3254.04% | -98.99% |
Free Cash Flow Margin | 6.13% | 6.93% | -1.34% | 2.53% | 2.29% | 0.08% |
Free Cash Flow Per Share | 0.62 | 0.63 | -0.11 | 0.32 | 0.29 | 0.01 |
Levered Free Cash Flow | 25.28 | 84.65 | -71.84 | -11.45 | -1.11 | -28.58 |
Unlevered Free Cash Flow | 25.34 | 84.7 | -71.76 | -9.85 | 2.45 | -27.05 |
Free Cash Flow After Leases | 117.54 | 119.58 | -22.38 | 42.34 | 41.34 | 1.26 |
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 | - | -5.67 | -27.34 | -22.52 | -29.58 | -24.77 |
Change in Working Capital | 45.27 | 44.27 | -34.3 | -74.96 | -46.07 | -24.91 |