Hefei Taihe Intelligent Technology Group Co.,Ltd. (SHA:603656)

SHA:603656 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	32.65	29.13	21.47	11.31	21.56	38.4
Depreciation & Amortization	59.26	59.26	36.9	34.56	32.56	25.44
Other Amortization	1	1	-	-	-	-
Loss (Gain) From Sale of Assets	-0.47	-0.47	1.24	0.32	-	-30.83
Asset Writedown & Restructuring Costs	0.58	0.58	0.13	-2.92	0.21	0.76
Loss (Gain) From Sale of Investments	-0.31	-0.31	-2.52	-15.13	-7.63	-11.08
Provision & Write-off of Bad Debts	9.04	9.04	4.59	13.64	10.69	8.97
Other Operating Activities	42.75	11.35	-13.11	-3.34	-8.78	-4.29
Change in Accounts Receivable	-28.01	-28.01	2.53	-20.01	-42.98	-57.17
Change in Inventory	18.32	18.32	12.29	4.58	-32.08	-15.26
Change in Accounts Payable	35.26	35.26	35.26	-9.44	87.65	29.96
Change in Other Net Operating Assets	5	5	5.5	1.91	2.02	17.1
Operating Cash Flow	174.48	139.55	104.41	13.41	58.35	-10.61
Operating Cash Flow Growth	95.07%	33.66%	678.43%	-77.01%	-	-

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	-119.9	-67.68	-69.05	-101.79	-111.23	-84.25
Sale of Property, Plant & Equipment	0.87	0.81	0.89	0.71	-	39.07
Cash Acquisitions	-22.14	-22.14	-	-	-	-
Divestitures	2.41	-	-3.34	-	-	-
Sale (Purchase) of Real Estate	-	-	-	-0.06	-0.5	-
Investment in Securities	-2.65	8.56	41.3	-201.15	12.51	104
Other Investing Activities	21.22	20.17	17.68	22.47	10.65	16.41
Investing Cash Flow	-120.19	-60.28	-12.53	-279.82	-88.57	75.23

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	-	133.01	2	-	-	-
Short-Term Debt Repaid	-	-29.44	-	-	-	-
Long-Term Debt Repaid	-	-111.41	-	-0.2	-0.2	-
Total Debt Repaid	-145.06	-140.85	-	-0.2	-0.2	-
Net Debt Issued (Repaid)	-18.42	-7.84	2	-0.2	-0.2	-
Issuance of Common Stock	-	-	-	345.58	-	4.33
Repurchase of Common Stock	-	-	-40.01	-6.26	-3.7	-22.74
Common Dividends Paid	-10.57	-10.34	-8.91	-18.18	-15.08	-15.29
Other Financing Activities	6.17	-	9.51	3.68	-34.78	0.77
Financing Cash Flow	-22.82	-18.18	-37.41	324.61	-53.77	-32.93

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	-9.87	-6.62	4.45	2.66	3.86	-2.1
Net Cash Flow	21.59	54.48	58.92	60.86	-80.12	29.59

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	54.58	71.88	35.36	-88.38	-52.87	-94.85
Free Cash Flow Growth	53.86%	103.25%	-	-	-	-
Free Cash Flow Margin	8.45%	11.67%	6.27%	-17.35%	-11.03%	-18.29%
Free Cash Flow Per Share	0.30	0.40	0.20	-0.47	-0.34	-0.62
Levered Free Cash Flow	146.6	198.86	34.64	-120.73	-92.69	-111.45
Unlevered Free Cash Flow	151.27	202.29	34.64	-120.54	-92.69	-111.45

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	11.89	13.26	15.36	37.34	10.75	5.48
Change in Working Capital	29.98	29.98	55.72	-25.02	9.75	-37.98

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:

Aug 2, 2026

Data Sources Report a data error