Milkyway Intelligent Supply Chain Service GroupCo., Ltd. (SHA:603713)
China · Delayed Price · Currency is CNY 67.43
-1.27 (-1.85%)
Oct 27, 2026, 3:00 PM CST
SHA:603713 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 | 694.56 | 626.55 | 565.18 | 431.31 | 605.07 | 431.79 |
Depreciation & Amortization | 385.48 | 385.48 | 371.28 | 363.49 | 287.32 | 214.1 |
Other Amortization | 20.41 | 20.41 | 17.56 | 15.03 | 17.34 | 14 |
Loss (Gain) From Sale of Assets | 0.27 | 0.27 | -1.37 | -2.27 | -2.29 | -15.14 |
Asset Writedown & Restructuring Costs | 2.21 | 2.21 | 8.27 | 5.32 | 47.51 | 32.42 |
Loss (Gain) From Sale of Investments | -18.33 | -18.33 | -16.73 | -9.99 | -5.01 | -12.7 |
Provision & Write-off of Bad Debts | -6.5 | -6.5 | 14.14 | -3.4 | 16.39 | -5.17 |
Other Operating Activities | -434.82 | 310.01 | 249.45 | 171.89 | 64.27 | 57.8 |
Change in Accounts Receivable | -7,285 | -7,285 | -1,146 | 418.02 | -36.87 | -1,494 |
Change in Inventory | -243.6 | -243.6 | 176.07 | -234.07 | -94.44 | 36.18 |
Change in Accounts Payable | 7,020 | 7,020 | 314.32 | -442.14 | -287.65 | 946.6 |
Change in Other Net Operating Assets | -21.71 | -21.71 | -35.09 | 0.33 | 41.54 | 1.88 |
Operating Cash Flow | 75.15 | 751.97 | 481.69 | 704.08 | 612.64 | 202.55 |
Operating Cash Flow Growth | -95.25% | 56.11% | -31.59% | 14.93% | 202.47% | -40.17% |
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 | -554.67 | -452.91 | -646.74 | -525.1 | -759.04 | -393.83 |
Sale of Property, Plant & Equipment | 18.39 | 17.04 | 22.92 | 4.21 | 10.72 | 42.76 |
Cash Acquisitions | -12.54 | -53.15 | -109.13 | -920.12 | -425.41 | -731.83 |
Divestitures | 2.66 | - | 34.14 | 128.47 | - | - |
Investment in Securities | -175.14 | -295.5 | 120.16 | 183.35 | -69.75 | -365.5 |
Other Investing Activities | 302.1 | 16.27 | 21.07 | 8.92 | 7.81 | 8.05 |
Investing Cash Flow | -419.19 | -768.25 | -557.58 | -1,120 | -1,236 | -1,440 |
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 |
Long-Term Debt Issued | - | 5,262 | 3,825 | 2,685 | 2,766 | 1,433 |
Long-Term Debt Repaid | - | -4,851 | -3,165 | -2,095 | -1,408 | -687.17 |
Lease Payments | -171.98 | -171.98 | -167.29 | -242.29 | -131.64 | -84.13 |
Net Debt Issued (Repaid) | 1,172 | 410.95 | 660.42 | 589.8 | 1,358 | 746.32 |
Issuance of Common Stock | - | - | 2.71 | - | - | 1,104 |
Repurchase of Common Stock | -42.52 | -42.52 | -173.45 | -103.49 | -1.67 | -50.84 |
Common Dividends Paid | -346.58 | -258.56 | -253.97 | -168.01 | -156.93 | -80.61 |
Other Financing Activities | -171.75 | -3.05 | -0.36 | 25.76 | 31 | 33.78 |
Financing Cash Flow | 611.02 | 106.82 | 235.35 | 344.07 | 1,231 | 1,752 |
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 | -75.53 | -32.81 | 7.51 | -1.39 | 37.65 | -3.8 |
Net Cash Flow | 191.44 | 57.73 | 166.97 | -73.52 | 645.24 | 510.76 |
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 | -479.52 | 299.06 | -165.05 | 178.98 | -146.4 | -191.28 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -3.14% | 2.24% | -1.36% | 1.84% | -1.26% | -2.21% |
Free Cash Flow Per Share | -2.96 | 1.81 | -0.95 | 1.05 | -0.86 | -1.18 |
Levered Free Cash Flow | -795.82 | -53.91 | -592.41 | -251.67 | -553.46 | -552.97 |
Unlevered Free Cash Flow | -707.4 | 49.5 | -494.66 | -176.44 | -500.7 | -525.68 |
Free Cash Flow After Leases | -651.5 | 127.08 | -332.34 | -63.31 | -278.04 | -275.41 |
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 | 441.12 | 446.57 | 396.69 | 305.2 | 284.52 | 153.21 |
Change in Working Capital | -568.14 | -568.14 | -726.11 | -267.3 | -417.96 | -514.55 |