Zhejiang Three Stars New Materials Co., Ltd. (SHA:603578)
China · Delayed Price · Currency is CNY 13.91
+0.08 (0.58%)
Sep 15, 2026, 2:14 PM CST
SHA:603578 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 | -179.06 | -169.64 | -65.6 | 116.02 | 104.23 | 98.5 |
Depreciation & Amortization | 138.56 | 140.91 | 59.57 | 30.29 | 25.08 | 23.59 |
Loss (Gain) From Sale of Assets | -0.67 | -0.71 | -0.03 | 0.42 | -0.66 | 0.11 |
Asset Writedown & Restructuring Costs | 122.31 | 152.34 | 8.48 | - | 7.81 | 3.89 |
Loss (Gain) From Sale of Investments | -1.59 | -1.59 | -14.84 | -7.17 | -13.66 | -15.3 |
Provision & Write-off of Bad Debts | 14.07 | 14.07 | 5.82 | 1.55 | -2.08 | 5.86 |
Other Operating Activities | 83.16 | 83.25 | 67.41 | 16.86 | -2.34 | 5.28 |
Change in Accounts Receivable | -144.38 | -227.77 | -178.09 | -95.37 | -75.13 | -104.02 |
Change in Inventory | -21.8 | -127.65 | -188.98 | 7.42 | -22.73 | -35.95 |
Change in Accounts Payable | 302.63 | 759.23 | 295.76 | 49.33 | -73.44 | 32.15 |
Change in Other Net Operating Assets | 5.37 | 7.55 | 19.12 | 1.68 | - | 1.11 |
Operating Cash Flow | 319.15 | 630.21 | 7.45 | 119.54 | -49.58 | 16.61 |
Operating Cash Flow Growth | 60.29% | 8359.09% | -93.77% | - | - | -48.29% |
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 | -22.23 | -145.25 | -1,126 | -424.73 | -24.66 | -50.66 |
Sale of Property, Plant & Equipment | 2.93 | 2.78 | 0.45 | 1.24 | 1.29 | 1.78 |
Cash Acquisitions | - | - | - | 24.73 | - | - |
Investment in Securities | 7.61 | 7.6 | 74.59 | - | -40 | -191.7 |
Other Investing Activities | -12.7 | 58.28 | 112.55 | -100.71 | 103.72 | 213.51 |
Investing Cash Flow | -24.38 | -76.59 | -938.51 | -171.47 | 40.35 | 132.93 |
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 | - | - | - | - | - | 94.42 |
Long-Term Debt Issued | - | 228.61 | 1,204 | 53 | 73 | - |
Total Debt Issued | 218.61 | 228.61 | 1,204 | 53 | 73 | 94.42 |
Short-Term Debt Repaid | - | - | - | - | - | -82.62 |
Long-Term Debt Repaid | - | -626.7 | -74.05 | -73 | -53 | - |
Lease Payments | -1.99 | -1.99 | -2.18 | - | - | - |
Total Debt Repaid | -636.7 | -626.7 | -74.05 | -73 | -53 | -82.62 |
Net Debt Issued (Repaid) | -418.09 | -398.09 | 1,130 | -20 | 20 | 11.81 |
Issuance of Common Stock | 568.99 | - | - | 35.24 | - | - |
Common Dividends Paid | -26.55 | -26.82 | -29.07 | -33.72 | -32.69 | -29.59 |
Other Financing Activities | 132.52 | - | - | 250.01 | 51.3 | -133.89 |
Financing Cash Flow | 256.88 | -424.9 | 1,101 | 231.53 | 38.61 | -151.67 |
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 | -1.11 | 0.51 | -0.11 | 0.19 | 0.13 | -0.08 |
Net Cash Flow | 550.53 | 129.23 | 169.5 | 179.8 | 29.51 | -2.21 |
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 | 296.91 | 484.96 | -1,119 | -305.19 | -74.24 | -34.05 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | 18.83% | 31.52% | -110.16% | -34.20% | -9.73% | -4.12% |
Free Cash Flow Per Share | 1.52 | 2.69 | -6.14 | -1.74 | -0.41 | -0.20 |
Levered Free Cash Flow | -19.55 | 344.11 | -728.99 | 386.89 | -6.3 | -1.46 |
Unlevered Free Cash Flow | 27.7 | 391.36 | -706.79 | 392.72 | -4.77 | 5.16 |
Free Cash Flow After Leases | 294.93 | 482.98 | -1,121 | -305.19 | -74.24 | -34.05 |
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 | - | -120.76 | 36.9 | 30.15 | 22.3 | 26.58 |
Change in Working Capital | 142.38 | 411.59 | -53.36 | -38.44 | -167.96 | -105.31 |