Smarter Microelectronics (Guangzhou) Co., Ltd. (SHA:688512)
China · Delayed Price · Currency is CNY 13.34
-0.05 (-0.37%)
At close: Sep 11, 2026
SHA:688512 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 | Jun '26 Jun 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 | -300.42 | -229.01 | -438.42 | -408.51 | -304.91 | -318.13 |
Depreciation & Amortization | 33.98 | 32.52 | 33.19 | 28.31 | 25.67 | 14.32 |
Other Amortization | 4.11 | 3.71 | 2.31 | 2.23 | 2.7 | 1.93 |
Loss (Gain) From Sale of Assets | -0.16 | -0.16 | -0.03 | -0.22 | -0.02 | -0.01 |
Asset Writedown & Restructuring Costs | 20.3 | - | 0 | 0.02 | - | - |
Loss (Gain) From Sale of Investments | -14.45 | -13.74 | -20.86 | -20.75 | -17.67 | -6.13 |
Provision & Write-off of Bad Debts | 2.12 | 2.12 | 4.3 | 0.85 | 0.33 | 0.19 |
Other Operating Activities | 61.09 | 55.25 | 62.96 | 62.45 | 16.18 | 26.98 |
Change in Accounts Receivable | -25.89 | -70.94 | -57.99 | -13.08 | -52.03 | -92.02 |
Change in Inventory | -246.79 | -79.76 | -44.23 | -23.96 | -169.72 | -302.78 |
Change in Accounts Payable | 94.27 | -77.16 | 38.13 | 30.41 | 1.16 | 7.64 |
Change in Other Net Operating Assets | 45.3 | 56.32 | 66.63 | 123.51 | 169.69 | 263.24 |
Operating Cash Flow | -326.4 | -320.83 | -295.05 | -217.68 | -360.95 | -417.62 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -54.71 | -61.56 | -69.23 | -46.5 | -158.27 | -36.05 |
Sale of Property, Plant & Equipment | 0.02 | 0.02 | 0.2 | 0 | - | 0.01 |
Investment in Securities | 299.99 | 30 | 150 | -344.99 | 70 | -259.89 |
Other Investing Activities | 30.92 | 4.45 | 10.05 | 13.78 | 21.79 | 3.23 |
Investing Cash Flow | 276.22 | -27.09 | 91.02 | -377.71 | -66.47 | -292.7 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | - | 431.72 | 135.85 | - | - | - |
Long-Term Debt Repaid | - | -451.52 | -7.93 | -10.12 | -10.22 | -8.34 |
Lease Payments | -10.27 | -10.27 | -7.93 | -10.12 | -10.22 | -8.34 |
Net Debt Issued (Repaid) | 137.67 | -19.81 | 127.92 | -10.12 | -10.22 | -8.34 |
Issuance of Common Stock | 13.86 | 6.95 | 6.37 | 1,063 | - | 1,520 |
Common Dividends Paid | -7.79 | -7.86 | -1.48 | - | - | - |
Other Financing Activities | 1.16 | - | - | -32.33 | -5.81 | - |
Financing Cash Flow | 144.9 | -20.72 | 132.8 | 1,020 | -16.03 | 1,511 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -17.01 | -9.3 | 4.13 | 1.13 | 2.62 | -2.38 |
Net Cash Flow | 77.7 | -377.95 | -67.1 | 426.18 | -440.84 | 798.72 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -381.11 | -382.4 | -364.28 | -264.19 | -519.22 | -453.67 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -41.37% | -47.37% | -69.52% | -47.86% | -145.57% | -88.27% |
Free Cash Flow Per Share | -0.81 | -0.82 | -0.80 | -0.61 | -1.31 | -1.18 |
Levered Free Cash Flow | -387.41 | -326.11 | -245.65 | -113.76 | -420.48 | -301.06 |
Unlevered Free Cash Flow | -382.48 | -321.18 | -244.11 | -113.4 | -420.1 | -300.62 |
Free Cash Flow After Leases | -391.38 | -392.67 | -372.22 | -274.31 | -529.44 | -462.01 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | - | -62.27 | -82.06 | -59.02 | -48.97 | -59.58 |
Change in Working Capital | -132.96 | -171.52 | 61.49 | 117.94 | -83.22 | -136.75 |