Jiangsu Seagull Cooling Tower Co.,Ltd. (SHA:603269)

SHA:603269 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	119.14	115.68	95.91	84.82	73.75	52.93
Depreciation & Amortization	40.52	40.52	33.18	31.97	33.65	38.37
Other Amortization	1.29	1.29	0.34	0.46	0.6	0.91
Loss (Gain) From Sale of Assets	1.6	1.6	0	-35.33	-12.39	0.29
Loss (Gain) From Sale of Investments	-0.16	-0.16	-0.36	-0.86	1.59	-3.95
Provision & Write-off of Bad Debts	41.42	41.42	8.05	28.36	15.61	15.6
Other Operating Activities	-95.12	32.01	63.68	13.83	5.86	12.97
Change in Accounts Receivable	-134.79	-134.79	-34.76	-178.29	-156.09	-49.98
Change in Inventory	176.7	176.7	11.79	-169.22	-114.84	-241.87
Change in Accounts Payable	-82.42	-82.42	20.83	421.55	132.64	153.91
Operating Cash Flow	60.63	184.3	182.86	197.31	-31.25	-24.62
Operating Cash Flow Growth	-68.58%	0.79%	-7.33%	-	-	-

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	-28.73	-30.79	-30.9	-12.41	-17.88	-37.35
Sale of Property, Plant & Equipment	0.07	10.09	4.82	15.49	10	0.1
Cash Acquisitions	-8	-8	-7.49	-	-3.63	-12.98
Investment in Securities	0.15	0.53	1.55	2.91	0.18	-
Other Investing Activities	-10.63	-10.4	0.79	2.17	0.38	0.06
Investing Cash Flow	-47.13	-38.56	-31.23	8.16	-10.94	-50.17

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
Long-Term Debt Issued	-	818.47	511.48	504.63	583.96	342.62
Long-Term Debt Repaid	-	-552.5	-512.8	-414.02	-506.74	-274.52
Net Debt Issued (Repaid)	171.37	265.97	-1.32	90.62	77.22	68.1
Issuance of Common Stock	44.74	44.74	-	-	-	-
Repurchase of Common Stock	-120	-120	-	-	-	-
Common Dividends Paid	-84.55	-84.4	-68.9	-46.57	-45.72	-40.25
Other Financing Activities	1.95	-	-	-	-	-
Financing Cash Flow	13.51	106.3	-70.22	44.05	31.49	27.86

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	10.24	29	16.23	2.36	4.94	-3.75
Net Cash Flow	37.25	281.03	97.64	251.88	-5.76	-50.69

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	31.91	153.51	151.95	184.9	-49.13	-61.96
Free Cash Flow Growth	-79.56%	1.03%	-17.82%	-	-	-
Free Cash Flow Margin	1.65%	8.32%	9.50%	13.39%	-3.63%	-5.48%
Free Cash Flow Per Share	0.07	0.36	0.35	0.42	-0.11	-0.14
Levered Free Cash Flow	229.29	313.63	185.75	242.32	-106.04	-62.41
Unlevered Free Cash Flow	240.95	324.89	196.29	253.64	-96.21	-55.02

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	72.76	80.76	57.69	62.46	60.01	40.38
Change in Working Capital	-48.07	-48.07	-17.94	74.05	-149.93	-141.75

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:

Jul 30, 2026

Data Sources Report a data error