Qingdao Gaoce Technology Co., Ltd. (SHA:688556)
China · Delayed Price · Currency is CNY 7.51
-0.10 (-1.31%)
Sep 14, 2026, 3:00 PM CST
Qingdao Gaoce 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 | 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 | -441.92 | -40.58 | -44.23 | 1,461 | 788.61 | 172.69 |
Depreciation & Amortization | 451.51 | 426.94 | 348.04 | 225.29 | 138.33 | 61.9 |
Other Amortization | 47.24 | 48.69 | 35.76 | 21.8 | 14.69 | 7.03 |
Loss (Gain) From Sale of Assets | -1.94 | -3.36 | 7.55 | -4.91 | 0.19 | 0 |
Asset Writedown & Restructuring Costs | 265.23 | 3.86 | 83.3 | 52.49 | 9.49 | 24.37 |
Loss (Gain) From Sale of Investments | -9.07 | -15.33 | -28.84 | -20.19 | -29.74 | -5.08 |
Provision & Write-off of Bad Debts | -31.83 | -31.83 | 185.33 | 13.62 | 26.64 | 4.96 |
Other Operating Activities | 236.3 | 142.29 | 91.7 | 71.39 | 91.72 | 40.66 |
Change in Accounts Receivable | -314.41 | -431.39 | -827.57 | -2,439 | -1,349 | -908.91 |
Change in Inventory | -524.16 | -429 | 855.93 | -552.94 | -577.43 | -231.72 |
Change in Accounts Payable | 865.47 | 42.68 | -1,866 | 2,401 | 1,156 | 905.37 |
Change in Other Net Operating Assets | -16.06 | -11.45 | 8.75 | 34.41 | 11.82 | 14.83 |
Operating Cash Flow | 474.61 | -328.03 | -1,261 | 1,194 | 224 | 76.5 |
Operating Cash Flow Growth | - | - | - | 432.98% | 192.82% | 1903.12% |
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 | -57.87 | -92.5 | -284.77 | -297.02 | -203.33 | -83.15 |
Sale of Property, Plant & Equipment | 18.1 | 8.33 | 0.51 | 2.61 | 1.43 | - |
Divestitures | - | - | - | - | 33.8 | - |
Investment in Securities | -182.79 | 76.96 | 1,660 | -1,360 | -518.1 | 228.6 |
Other Investing Activities | 4.8 | 5.39 | 31.81 | 21.09 | 4.12 | 5.79 |
Investing Cash Flow | -217.75 | -1.82 | 1,408 | -1,633 | -682.09 | 151.24 |
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 | - | - | - | - | 493.16 | 28.43 |
Long-Term Debt Issued | - | 578.7 | 418.99 | 133.39 | - | - |
Total Debt Issued | 367.85 | 578.7 | 418.99 | 133.39 | 493.16 | 28.43 |
Short-Term Debt Repaid | - | - | - | - | -53.56 | -108.05 |
Long-Term Debt Repaid | - | -152.67 | -104.72 | -23.57 | - | - |
Lease Payments | -56.17 | -56.17 | -24.72 | - | - | - |
Total Debt Repaid | -75.17 | -152.67 | -104.72 | -23.57 | -53.56 | -108.05 |
Net Debt Issued (Repaid) | 292.68 | 426.03 | 314.27 | 109.82 | 439.6 | -79.62 |
Issuance of Common Stock | - | - | 16.57 | 919.49 | 9.3 | - |
Common Dividends Paid | -15.95 | -115.72 | -365.46 | -420.13 | -29.58 | -21.83 |
Dividends Paid | -15.95 | -115.72 | -365.46 | -420.13 | -29.58 | -21.83 |
Other Financing Activities | -31.61 | -8.96 | -0.67 | 7.62 | 1.61 | 0.78 |
Financing Cash Flow | 245.12 | 301.36 | -35.29 | 616.8 | 420.93 | -100.67 |
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 | -8.68 | -1.26 | 0.06 | 0 | 0.5 | -0.07 |
Net Cash Flow | 493.3 | -29.74 | 111.08 | 177.27 | -36.67 | 127 |
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 | 416.73 | -420.53 | -1,546 | 896.83 | 20.66 | -6.66 |
Free Cash Flow Growth | - | - | - | 4240.14% | - | - |
Free Cash Flow Margin | 11.02% | -11.52% | -34.55% | 14.50% | 0.58% | -0.43% |
Free Cash Flow Per Share | 0.49 | -0.52 | -2.10 | 1.20 | 0.03 | -0.01 |
Levered Free Cash Flow | 820.97 | 108.82 | -1,450 | 949.43 | 11.12 | 443.65 |
Unlevered Free Cash Flow | 866.9 | 154.75 | -1,420 | 970.7 | 22.61 | 448.74 |
Free Cash Flow After Leases | 360.57 | -476.7 | -1,571 | 896.83 | 20.66 | -6.66 |
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 | 132.84 | 102.18 | 292.58 | 502.57 | 122.36 | 21.32 |
Change in Working Capital | -40.92 | -858.7 | -1,940 | -626.75 | -815.93 | -230.03 |