Shenzhen United Winners Laser Co., Ltd. (SHA:688518)
China · Delayed Price · Currency is CNY 20.62
+0.64 (3.20%)
Sep 14, 2026, 3:00 PM CST
SHA:688518 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 | 211.6 | 167.26 | 165.53 | 286.29 | 266.95 | 92.01 |
Depreciation & Amortization | 92.99 | 75.48 | 71 | 70.66 | 46.85 | 28.1 |
Other Amortization | 14.18 | 6.32 | 5.42 | 5.3 | 3.66 | 2.25 |
Loss (Gain) From Sale of Assets | -0.46 | -0.47 | -2.9 | 0.02 | -0.21 | -0.02 |
Asset Writedown & Restructuring Costs | 8.45 | 0.39 | 1.28 | 0.67 | 69.44 | 23.4 |
Loss (Gain) From Sale of Investments | -13.25 | -9.28 | -9.29 | -6.54 | -4.25 | -16.39 |
Provision & Write-off of Bad Debts | 30.93 | 30.93 | 58.78 | 49.09 | - | - |
Other Operating Activities | 38.97 | 45.81 | 74.02 | 19.88 | -0.64 | 2.71 |
Change in Accounts Receivable | -1,329 | -654.02 | -419.41 | -366.62 | -932.98 | -491.85 |
Change in Inventory | -1,628 | -661.15 | 367.15 | 108.31 | -821.17 | -1,031 |
Change in Accounts Payable | 2,551 | 1,089 | -428.36 | 66.67 | 1,163 | 1,375 |
Change in Other Net Operating Assets | - | - | 2.9 | 9.26 | 18.83 | 13.38 |
Operating Cash Flow | -34.18 | 79.32 | -126.84 | 236.31 | -199.04 | -10.21 |
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 | -134.43 | -231.26 | -323.73 | -159.44 | -292.56 | -198.03 |
Sale of Property, Plant & Equipment | 1.93 | 4.41 | 0.18 | - | 0.46 | 0.24 |
Investment in Securities | -441.94 | -391.94 | -193 | -295.77 | 299.79 | 121.13 |
Other Investing Activities | 204.66 | 5.85 | 8.89 | 5.43 | 3.66 | 16.76 |
Investing Cash Flow | -369.78 | -612.95 | -507.65 | -449.78 | 11.35 | -59.91 |
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 |
Short-Term Debt Issued | - | 700.22 | - | - | - | - |
Long-Term Debt Issued | - | 100 | 889.99 | 249.83 | 247.14 | 17 |
Total Debt Issued | 340.04 | 800.22 | 889.99 | 249.83 | 247.14 | 17 |
Long-Term Debt Repaid | - | -308.29 | -301.26 | -265.71 | -54.69 | -1.05 |
Lease Payments | -1.86 | -1.86 | -19.58 | -20.55 | -17.61 | - |
Net Debt Issued (Repaid) | 270.29 | 491.93 | 588.73 | -15.89 | 192.45 | 15.95 |
Issuance of Common Stock | - | - | 16.07 | 988.72 | 12.88 | - |
Common Dividends Paid | -56.19 | -58.72 | -64.16 | -44.26 | -38.42 | -36.15 |
Dividends Paid | -56.19 | -58.72 | -64.16 | -44.26 | -38.42 | -36.15 |
Other Financing Activities | -4.01 | 5.28 | 8.37 | -1.45 | -1.27 | -11.78 |
Financing Cash Flow | 210.09 | 438.49 | 549.02 | 927.13 | 165.64 | -31.98 |
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 | -14.62 | -4.96 | 0.55 | 1.83 | 5.77 | -2.04 |
Net Cash Flow | -208.48 | -100.1 | -84.92 | 715.49 | -16.29 | -104.15 |
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 | -168.61 | -151.95 | -450.57 | 76.87 | -491.61 | -208.24 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -4.86% | -4.66% | -14.31% | 2.19% | -17.42% | -14.88% |
Free Cash Flow Per Share | -0.49 | -0.45 | -1.33 | 0.23 | -1.62 | -0.70 |
Levered Free Cash Flow | 363.69 | 348.55 | -417.79 | -26.96 | -462.56 | -165.04 |
Unlevered Free Cash Flow | 373.18 | 358.03 | -409.27 | -22.35 | -460.23 | -164.27 |
Free Cash Flow After Leases | -170.46 | -153.8 | -470.14 | 56.32 | -509.21 | -208.24 |
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 | 87.21 | 38.24 | 48.42 | 66.07 | 50.16 | 34.81 |
Change in Working Capital | -417.59 | -237.13 | -490.68 | -189.06 | -580.84 | -142.26 |