Hwatsing Technology Co., Ltd. (SHA:688120)
China · Delayed Price · Currency is CNY 163.45
-13.48 (-7.62%)
Oct 30, 2026, 3:00 PM CST
Hwatsing Technology 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 | 1,294 | 1,084 | 1,023 | 723.75 | 501.6 | 198.28 |
Depreciation & Amortization | 149.76 | 149.76 | 89.59 | 73.02 | 52.91 | 28.3 |
Other Amortization | 7.32 | 7.32 | - | - | 0.02 | 0.84 |
Asset Writedown & Restructuring Costs | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0 |
Loss (Gain) From Sale of Investments | -83.89 | -83.89 | -50.97 | -36.28 | -58.91 | -8.19 |
Provision & Write-off of Bad Debts | 10.3 | 10.3 | 18.1 | 11.45 | 5.12 | -0.42 |
Other Operating Activities | -705.73 | 17.16 | 33.08 | 29.53 | 10.41 | 5.04 |
Change in Accounts Receivable | -426.34 | -426.34 | -239.96 | -28.91 | -357.91 | 20.71 |
Change in Inventory | -729.42 | -729.42 | -802.54 | -54.12 | -891.47 | -956.82 |
Change in Accounts Payable | 698.51 | 698.51 | 996.99 | -103.37 | 764.38 | 1,103 |
Change in Other Net Operating Assets | 77.58 | 77.58 | 100.49 | 48.61 | 1.22 | 1.57 |
Operating Cash Flow | 287.63 | 799.82 | 1,155 | 652.93 | 25.1 | 389.81 |
Operating Cash Flow Growth | -59.08% | -30.73% | 76.83% | 2501.04% | -93.56% | 145.21% |
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 | -159.15 | -222.18 | -321.81 | -339.53 | -174.86 | -174.32 |
Sale of Property, Plant & Equipment | - | - | 0.01 | 0 | 0 | 0 |
Cash Acquisitions | -130.77 | -336.57 | -350.19 | - | - | - |
Investment in Securities | -323.06 | -685.78 | 27.34 | -302.23 | -1,870 | -110 |
Other Investing Activities | 117.44 | 39.58 | 52.67 | 62.43 | 28.01 | 8.41 |
Investing Cash Flow | -495.54 | -1,205 | -591.98 | -579.33 | -2,017 | -275.91 |
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 | - | - | - | 503.91 | - | 237.05 |
Long-Term Debt Repaid | - | -139.5 | -210.24 | -19.66 | -106.15 | -73.67 |
Lease Payments | - | - | - | - | -8.6 | - |
Net Debt Issued (Repaid) | -125.43 | -139.5 | -210.24 | 484.26 | -106.15 | 163.38 |
Issuance of Common Stock | 3,836 | 51.72 | - | - | 3,507 | - |
Repurchase of Common Stock | -61.23 | -61.23 | -78.93 | - | - | - |
Common Dividends Paid | -146.83 | -138.62 | -99.79 | -63.05 | -5.63 | -5.5 |
Other Financing Activities | -5 | -44.02 | - | - | -21.32 | -1.53 |
Financing Cash Flow | 3,497 | -331.66 | -388.97 | 421.21 | 3,374 | 156.35 |
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 | -0.26 | -0.14 | 0.1 | 0.04 | 0.15 | -0.03 |
Net Cash Flow | 3,289 | -736.93 | 173.76 | 494.86 | 1,382 | 270.21 |
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 | 128.48 | 577.64 | 832.8 | 313.4 | -149.75 | 215.48 |
Free Cash Flow Growth | -71.54% | -30.64% | 165.73% | - | - | 16444.41% |
Free Cash Flow Margin | 2.28% | 12.43% | 24.45% | 12.50% | -9.08% | 26.77% |
Free Cash Flow Per Share | 0.26 | 1.17 | 1.69 | 0.64 | -0.34 | 0.58 |
Levered Free Cash Flow | -35.14 | 83.98 | 926.55 | 5.49 | -323.69 | -32.44 |
Unlevered Free Cash Flow | -30.95 | 89.47 | 934.25 | 11.77 | -320.24 | -30 |
Free Cash Flow After Leases | 128.48 | 577.64 | 832.8 | 313.4 | -158.35 | 215.48 |
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 | 221.62 | 180.97 | 198.77 | 115.78 | 91.74 | 14.82 |
Change in Working Capital | -384.56 | -384.56 | 41.38 | -148.53 | -486.05 | 165.96 |