Zhejiang Tiantai Xianghe Industrial Co.,Ltd. (SHA:603500)
China · Delayed Price · Currency is CNY 10.85
-0.08 (-0.73%)
Nov 13, 2026, 3:00 PM CST
SHA:603500 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 | Sep '26 Sep 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 | 119.26 | 134.43 | 75.39 | 67.05 | 66.51 | 62.75 |
Depreciation & Amortization | 29.68 | 29.74 | 28.28 | 27.09 | 26.28 | 20.65 |
Other Amortization | 0.79 | 0.73 | 0.68 | 0.77 | 0.22 | - |
Loss (Gain) From Sale of Assets | 0.12 | 0.12 | -0.01 | 0.06 | 0.01 | 0.05 |
Asset Writedown & Restructuring Costs | 0 | 0 | 0.04 | - | - | - |
Loss (Gain) From Sale of Investments | -4.87 | -4.87 | -4.86 | -4.45 | -7.86 | -3.9 |
Provision & Write-off of Bad Debts | 6.41 | 6.81 | 9.19 | 9.43 | 4.01 | 1.5 |
Other Operating Activities | 41.62 | 14.89 | 4.98 | 11.43 | 5.98 | 4.47 |
Change in Accounts Receivable | -154.04 | -154.04 | -92.93 | -63.45 | -23.46 | -56.84 |
Change in Inventory | -1.4 | -1.4 | -13.88 | 0.04 | -6.24 | -33.63 |
Change in Accounts Payable | 105.78 | 105.78 | 74.45 | 1.3 | -17.39 | 41.72 |
Change in Other Net Operating Assets | 1.27 | 1.27 | -1.46 | 12.03 | 0.7 | - |
Operating Cash Flow | 136.68 | 127.39 | 80.29 | 60.11 | 47.95 | 37.34 |
Operating Cash Flow Growth | -3.83% | 58.66% | 33.57% | 25.37% | 28.41% | -63.07% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -68.52 | -121.14 | -136.97 | -26.83 | -9.88 | -69.05 |
Sale of Property, Plant & Equipment | 0.25 | 0.28 | 0.46 | 0.22 | 0.1 | 0.43 |
Investment in Securities | -63.09 | -1 | 34.12 | -53.25 | -22.42 | 19.65 |
Other Investing Activities | 4.54 | 5.28 | 7.44 | 4.83 | 6.02 | - |
Investing Cash Flow | -126.82 | -116.59 | -94.95 | -75.03 | -26.18 | -48.96 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | - | - | - | 9.72 | 0.6 | 39.5 |
Long-Term Debt Issued | - | 220.6 | 238.59 | 87.01 | 70.62 | - |
Total Debt Issued | 621.6 | 220.6 | 238.59 | 96.73 | 71.22 | 39.5 |
Short-Term Debt Repaid | - | - | - | - | -0.62 | -5.12 |
Long-Term Debt Repaid | - | -186.71 | -85.41 | -80.4 | -38.87 | -0.11 |
Lease Payments | -0.42 | -0.42 | -0.42 | -0.42 | -0.47 | -0.11 |
Total Debt Repaid | -272.52 | -186.71 | -85.41 | -80.4 | -39.49 | -5.23 |
Net Debt Issued (Repaid) | 349.08 | 33.89 | 153.18 | 16.33 | 31.73 | 34.27 |
Issuance of Common Stock | - | 2.7 | 6 | 4.08 | 18.09 | - |
Repurchase of Common Stock | -48.01 | -48.01 | -24.35 | -0.1 | - | -1.57 |
Common Dividends Paid | -77.11 | -48.49 | -34.69 | -33.77 | -35.4 | -33.17 |
Other Financing Activities | 6.69 | -1.5 | - | -0.15 | -0.4 | 14.8 |
Financing Cash Flow | 230.65 | -61.4 | 100.14 | -13.6 | 14.02 | 14.33 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -1.34 | -0.92 | 0.36 | 0.73 | 3.08 | -1.33 |
Net Cash Flow | 239.18 | -51.52 | 85.84 | -27.79 | 38.87 | 1.37 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 68.16 | 6.25 | -56.68 | 33.28 | 38.06 | -31.71 |
Free Cash Flow Growth | 134.30% | - | - | -12.57% | - | - |
Free Cash Flow Margin | 8.63% | 0.75% | -8.49% | 5.20% | 6.27% | -6.49% |
Free Cash Flow Per Share | 0.20 | 0.02 | -0.17 | 0.10 | 0.11 | -0.09 |
Levered Free Cash Flow | -43.82 | -64.08 | -38.77 | 16.09 | 37.37 | -50.24 |
Unlevered Free Cash Flow | -42.98 | -60.79 | -36.93 | 17.5 | 38.66 | -49.79 |
Free Cash Flow After Leases | 67.74 | 5.83 | -57.1 | 32.86 | 37.6 | -31.82 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 Interest Paid | - | - | - | 0.15 | 0.4 | - |
Cash Income Tax Paid | 68.93 | 64.48 | 39.68 | 52.11 | 25.22 | 22.8 |
Change in Working Capital | -53.25 | -53.25 | -35.43 | -51.1 | -47.38 | -48.18 |