XIANGPIAOPIAO Food Co.,Ltd (SHA:603711)
China · Delayed Price · Currency is CNY 11.06
-0.14 (-1.25%)
Oct 28, 2026, 10:54 AM CST
SHA:603711 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 | 196.28 | 95.24 | 253.19 | 280.29 | 213.89 | 222.54 |
Depreciation & Amortization | 182.47 | 183.04 | 187.41 | 185.59 | 185.22 | 153.47 |
Other Amortization | 2.53 | 1.96 | 0.65 | 2 | 3.72 | 8.69 |
Loss (Gain) From Sale of Assets | 0.63 | -0.09 | 0.21 | 0.05 | 1.08 | -23.37 |
Asset Writedown & Restructuring Costs | 12.89 | 13.61 | 2.11 | 0.26 | 5.94 | 1.37 |
Loss (Gain) From Sale of Investments | -9.37 | -9.37 | -10.88 | -16.59 | -15.69 | -19.97 |
Provision & Write-off of Bad Debts | 1.17 | 1.17 | -0.13 | 0.2 | 19.04 | 1.02 |
Other Operating Activities | -26.34 | 10.27 | -0.08 | 12.49 | 19.82 | 39.17 |
Change in Accounts Receivable | -13.22 | -13.22 | -4.13 | -150.66 | 183.98 | -23.63 |
Change in Inventory | 27.42 | 27.42 | -22.55 | 10.35 | -14.85 | -2.1 |
Change in Accounts Payable | 52.72 | 52.72 | -140.42 | 41.03 | 209.64 | -242.8 |
Change in Other Net Operating Assets | -8.17 | -8.17 | 7.03 | 13.02 | 0.29 | -20.4 |
Operating Cash Flow | 414.95 | 350.51 | 264.98 | 383.44 | 785.69 | 86.74 |
Operating Cash Flow Growth | 101.11% | 32.28% | -30.89% | -51.20% | 805.82% | -74.14% |
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 | -88.16 | -95.75 | -57.08 | -67.52 | -128.36 | -255.05 |
Sale of Property, Plant & Equipment | 2.92 | 13.51 | 1.63 | 2.37 | 5.81 | 21.63 |
Investment in Securities | -332.11 | -593.08 | 28.17 | -91.02 | 57.23 | 620.57 |
Other Investing Activities | 8.58 | 11.48 | 20.4 | 18.16 | 163.6 | 2.8 |
Investing Cash Flow | -408.77 | -663.83 | -6.88 | -138.01 | 98.28 | 389.95 |
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 | - | 1,857 | 1,488 | 1,953 | 1,571 | 2,290 |
Total Debt Issued | 1,857 | 1,857 | 1,488 | 1,953 | 1,571 | 2,290 |
Short-Term Debt Repaid | - | -1,843 | -1,779 | -1,887 | -1,798 | -1,786 |
Long-Term Debt Repaid | - | -2.28 | -18.98 | -4.62 | -8.34 | -6.91 |
Lease Payments | -2.28 | -2.28 | -18.98 | -4.62 | -8.34 | -6.91 |
Total Debt Repaid | -1,845 | -1,845 | -1,798 | -1,892 | -1,807 | -1,793 |
Net Debt Issued (Repaid) | 12.19 | 12.19 | -310.44 | 61.28 | -235.79 | 497.03 |
Issuance of Common Stock | - | 9.55 | 20.74 | - | - | - |
Repurchase of Common Stock | - | - | - | - | -29.36 | -8.54 |
Common Dividends Paid | -36.43 | -110.74 | -153.87 | -79.18 | -89.82 | -170.14 |
Other Financing Activities | 108.8 | - | - | - | 0.3 | 2.3 |
Financing Cash Flow | 84.56 | -89 | -443.57 | -17.9 | -354.66 | 320.64 |
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 | -7.08 | -3.07 | 1.29 | 2.68 | 0.44 | -2.23 |
Net Cash Flow | 83.66 | -405.4 | -184.18 | 230.21 | 529.74 | 795.1 |
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 | 326.79 | 254.76 | 207.9 | 315.92 | 657.33 | -168.31 |
Free Cash Flow Growth | 158.43% | 22.54% | -34.19% | -51.94% | - | - |
Free Cash Flow Margin | 10.53% | 8.71% | 6.32% | 8.71% | 21.02% | -4.86% |
Free Cash Flow Per Share | 0.81 | 0.61 | 0.51 | 0.77 | 1.60 | -0.40 |
Levered Free Cash Flow | 146.86 | 200.24 | 61.56 | 138.29 | 520.01 | -370.06 |
Unlevered Free Cash Flow | 148.43 | 204.98 | 66.78 | 146.83 | 532.66 | -346.69 |
Free Cash Flow After Leases | 324.51 | 252.49 | 188.92 | 311.3 | 648.99 | -175.22 |
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 Income Tax Paid | 204.43 | 247.64 | 279.09 | 303.96 | 251.03 | 288.43 |
Change in Working Capital | 54.68 | 54.68 | -167.5 | -80.85 | 352.67 | -296.2 |