Western Superconducting Technologies Co., Ltd. (SHA:688122)
China · Delayed Price · Currency is CNY 43.99
-0.05 (-0.11%)
Nov 11, 2026, 3:00 PM CST
SHA:688122 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 | 451.92 | 839.27 | 800.79 | 752.37 | 1,080 | 741.48 |
Depreciation & Amortization | 203.67 | 203.67 | 167.69 | 143.58 | 124.07 | 108.9 |
Other Amortization | 2.11 | 2.11 | - | - | 0.23 | 0.3 |
Loss (Gain) From Sale of Assets | -0.04 | -0.04 | -0.42 | 0.16 | 0.07 | -3.01 |
Asset Writedown & Restructuring Costs | - | - | - | 3.37 | -0.73 | 1.18 |
Loss (Gain) From Sale of Investments | -114.48 | -114.48 | -30.86 | -43.09 | -24.19 | -19.23 |
Provision & Write-off of Bad Debts | 29.1 | 29.1 | 45.82 | 25.2 | 4.61 | 10.68 |
Other Operating Activities | 860.93 | 376.56 | 181.01 | 82.8 | 99.17 | 61.58 |
Change in Accounts Receivable | -163.74 | -163.74 | -936.72 | 136.62 | -807.42 | -570.61 |
Change in Inventory | -792.88 | -792.88 | -541.1 | -984.77 | -795.99 | -497.74 |
Change in Accounts Payable | 264.16 | 264.16 | 807.53 | 52.34 | 614.9 | 401.68 |
Change in Other Net Operating Assets | - | - | - | - | - | 0.05 |
Operating Cash Flow | 702.94 | 605.93 | 446.42 | 161.57 | 298.37 | 227.17 |
Operating Cash Flow Growth | 277.89% | 35.73% | 176.29% | -45.85% | 31.34% | - |
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 | -298.43 | -315.46 | -352.38 | -409.27 | -661.96 | -287.85 |
Sale of Property, Plant & Equipment | 0.95 | 0.04 | 0.66 | 0.92 | 1.45 | 0.94 |
Investment in Securities | -707.82 | 52.38 | 299.8 | -17.42 | -1,080 | 180.69 |
Other Investing Activities | 11.22 | 19.37 | 31.52 | 42.36 | 29.94 | 8.1 |
Investing Cash Flow | -994.07 | -243.66 | -20.41 | -383.4 | -1,710 | -98.13 |
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 | - | 2,360 | 1,220 | 1,854 | 2,257 | 1,544 |
Long-Term Debt Repaid | - | -1,702 | -1,279 | -1,574 | -1,231 | -1,347 |
Lease Payments | -0.85 | -0.85 | -0.84 | - | -1.91 | - |
Net Debt Issued (Repaid) | 743.26 | 658.09 | -58.48 | 279.86 | 1,026 | 197 |
Issuance of Common Stock | - | - | - | - | - | 1,983 |
Common Dividends Paid | -354.98 | -567.61 | -516.52 | -531.77 | -517.87 | -221.76 |
Dividends Paid | -354.98 | -567.61 | -516.52 | -531.77 | -517.87 | -221.76 |
Other Financing Activities | 28.55 | 36.44 | 138.06 | 23.06 | 234.86 | -0.04 |
Financing Cash Flow | 416.83 | 126.92 | -436.94 | -228.85 | 742.88 | 1,958 |
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 | -7.71 | -1.61 | 3.19 | 1.74 | 6.11 | -2.06 |
Net Cash Flow | 117.99 | 487.58 | -7.74 | -448.94 | -662.85 | 2,085 |
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 | 404.51 | 290.47 | 94.03 | -247.69 | -363.59 | -60.68 |
Free Cash Flow Growth | - | 208.91% | - | - | - | - |
Free Cash Flow Margin | 7.91% | 5.56% | 2.04% | -5.96% | -8.60% | -2.07% |
Free Cash Flow Per Share | 0.62 | 0.45 | 0.14 | -0.38 | -0.56 | -0.10 |
Levered Free Cash Flow | 253.71 | -3.75 | -94.45 | -679.74 | -727.8 | -255.65 |
Unlevered Free Cash Flow | 298.55 | 33.87 | -57.14 | -637.61 | -691.78 | -227.84 |
Free Cash Flow After Leases | 403.66 | 289.62 | 93.19 | -247.69 | -365.49 | -60.68 |
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 | 165.29 | 357.16 | 188.03 | 132.41 | 268.7 | 241.62 |
Change in Working Capital | -730.26 | -730.26 | -717.61 | -802.83 | -984.76 | -674.72 |