Qingdao Topscomm Communication Inc. (SHA:603421)
China · Delayed Price · Currency is CNY 7.64
-0.38 (-4.74%)
Sep 14, 2026, 11:30 AM CST
SHA:603421 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 | -615.64 | -636.57 | -242.39 | 131.22 | 118.68 | 156.63 |
Depreciation & Amortization | 161.82 | 170.37 | 161.02 | 154.34 | 147.64 | 156.13 |
Other Amortization | 11 | 16.24 | 24.58 | 33.09 | 7.87 | 1.56 |
Loss (Gain) From Sale of Assets | -8.06 | -4.02 | -0.41 | 1.12 | -0.51 | -0.68 |
Asset Writedown & Restructuring Costs | 4.01 | 4.64 | 37.63 | 0.05 | 0.08 | 0.23 |
Loss (Gain) From Sale of Investments | -0.63 | 0.21 | 0.53 | 0.41 | -2.92 | -0.84 |
Provision & Write-off of Bad Debts | 7.19 | 5.31 | 51.14 | -0.54 | 14.33 | 12.16 |
Other Operating Activities | 167.04 | 166.28 | 181.32 | 26.67 | 95.4 | 4.25 |
Change in Accounts Receivable | 495.23 | 421.2 | 484.72 | 112.39 | -174.64 | -466.28 |
Change in Inventory | 152.03 | 150.19 | 288.29 | -8.22 | -500.74 | -155.57 |
Change in Accounts Payable | -158.59 | -242.88 | -736.34 | -180.5 | 15.53 | 682.14 |
Change in Other Net Operating Assets | - | - | - | - | - | -7.37 |
Operating Cash Flow | 214.56 | 45.01 | 233.34 | 288.69 | -284.26 | 386.05 |
Operating Cash Flow Growth | 13.13% | -80.71% | -19.17% | - | - | 187.63% |
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 | -5.24 | -9.95 | -26.85 | -84.36 | -199.81 | -158.05 |
Sale of Property, Plant & Equipment | 17.18 | 9.12 | 1.46 | 1.76 | 0.88 | 0.58 |
Divestitures | 220.12 | 220.12 | - | - | - | - |
Investment in Securities | -209.53 | 0.47 | - | - | - | - |
Other Investing Activities | 2.7 | 0.88 | 0.33 | - | 0.46 | 0.84 |
Investing Cash Flow | 25.24 | 220.64 | -25.06 | -82.6 | -198.46 | -156.63 |
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 |
Long-Term Debt Issued | - | 519.44 | 100 | 370 | 520 | - |
Long-Term Debt Repaid | - | -442.28 | -320.93 | -141.3 | -34.1 | -63.02 |
Lease Payments | -6.04 | -6.38 | -8.13 | -10 | -8.6 | -7.01 |
Net Debt Issued (Repaid) | 155.79 | 77.16 | -220.93 | 228.7 | 485.9 | -63.02 |
Issuance of Common Stock | - | - | - | - | - | 45 |
Repurchase of Common Stock | - | - | - | - | - | -49.68 |
Common Dividends Paid | -17.29 | -18.25 | -66.7 | -62.05 | -62.1 | -55.37 |
Financing Cash Flow | 138.5 | 58.91 | -287.63 | 166.65 | 423.8 | -123.07 |
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 | -0.3 | -0.12 | - | - | - | - |
Net Cash Flow | 378 | 324.44 | -79.36 | 372.74 | -58.92 | 106.35 |
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 | 209.33 | 35.06 | 206.49 | 204.33 | -484.07 | 228 |
Free Cash Flow Growth | 17.79% | -83.02% | 1.06% | - | - | - |
Free Cash Flow Margin | 16.74% | 2.33% | 6.69% | 5.63% | -15.54% | 8.08% |
Free Cash Flow Per Share | 0.32 | 0.05 | 0.32 | 0.31 | -0.73 | 0.35 |
Levered Free Cash Flow | 678.63 | 283.89 | 413.58 | 188.27 | -559.39 | 130.06 |
Unlevered Free Cash Flow | 689.88 | 295.88 | 430.9 | 207.02 | -544.96 | 137.76 |
Free Cash Flow After Leases | 203.29 | 28.68 | 198.35 | 194.33 | -492.66 | 220.99 |
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 | 40.87 | 121.77 | 117.02 | 97.29 | 59.12 | 36.05 |
Change in Working Capital | 487.84 | 322.54 | 19.93 | -57.67 | -664.84 | 56.61 |