Ningbo Solartron Technology Co.,Ltd. (SHA:688299)

SHA:688299 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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-132.92	-143.58	-29.44	95.42	113.43	186.79
Depreciation & Amortization	112.52	112.88	113.41	83.48	66.09	55.29
Other Amortization	2.4	2.03	0.71	0.77	1.23	1.36
Loss (Gain) From Sale of Assets	0.04	0.04	0.58	-0.34	-0.02	0.13
Asset Writedown & Restructuring Costs	135.38	135.38	41.1	0.23	2.18	-
Loss (Gain) From Sale of Investments	2.46	2.46	2.09	-6.23	3.09	-13.06
Provision & Write-off of Bad Debts	5.69	5.69	3.66	5.73	7.29	10.4
Other Operating Activities	1.81	59.23	51.07	28.12	-10.72	16.14
Change in Accounts Receivable	22.28	22.28	-45.33	-126.63	14.55	-38.55
Change in Inventory	7.94	7.94	-27.27	-92.15	-65.23	-88.51
Change in Accounts Payable	57.49	57.49	70.41	111.19	-51.07	43.11
Change in Other Net Operating Assets	-	-	-	-	4.94	44.4
Operating Cash Flow	209.67	256.43	182.24	99.21	87.23	210.98
Operating Cash Flow Growth	-16.20%	40.71%	83.69%	13.73%	-58.65%	-20.65%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-81.81	-118.3	-298.26	-510.81	-456.07	-227.21
Sale of Property, Plant & Equipment	-0.01	0.78	5.61	1.93	0.02	0.07
Investment in Securities	-137.01	-29.9	40	3.25	145.5	200
Other Investing Activities	1.61	-	0.92	-0.85	0.34	13.36
Investing Cash Flow	-217.22	-147.42	-251.73	-506.48	-310.2	-13.78

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	261.38	249.23	469.64	176.13	50
Total Debt Issued	267.79	261.38	249.23	469.64	176.13	50
Long-Term Debt Repaid	-	-259.83	-144.31	-110	-50	-20
Total Debt Repaid	-196.4	-259.83	-144.31	-110	-50	-20
Net Debt Issued (Repaid)	71.39	1.55	104.92	359.64	126.13	30
Issuance of Common Stock	38.45	-	-	48.6	22.38	35.51
Repurchase of Common Stock	-	-	-50.1	-20.01	-30.01	-
Common Dividends Paid	-18.19	-17.39	-35.42	-29.62	-30.59	-28.7
Dividends Paid	-18.19	-17.39	-35.42	-29.62	-30.59	-28.7
Other Financing Activities	-	-	1.16	-0.66	-1.01	-
Financing Cash Flow	91.65	-15.84	20.56	357.95	86.9	36.81

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-18.05	-6.55	3.47	5.96	13.06	-6.31
Net Cash Flow	66.04	86.62	-45.47	-43.36	-123.01	227.69

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	127.86	138.13	-116.03	-411.6	-368.83	-16.23
Free Cash Flow Growth	82.78%	-	-	-	-	-
Free Cash Flow Margin	13.31%	12.63%	-8.68%	-32.84%	-31.99%	-1.25%
Free Cash Flow Per Share	0.46	0.49	-0.39	-1.47	-1.30	-0.06
Levered Free Cash Flow	27.02	57.09	-200.64	-440.69	-388.93	-123.81
Unlevered Free Cash Flow	29.24	66.91	-190.04	-437.92	-388.17	-123.52

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Income Tax Paid	54.2	27.49	-4.28	-9.5	7.02	-3.86
Change in Working Capital	82.29	82.29	-0.94	-107.96	-95.35	-46.07

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 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:

Nov 2, 2026

Data Sources Report a data error